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The Yahoo! acquisition of Maktoob remains one of the biggest acquisitions in the region. Yahoo!'s money made it possible for Souq.com to develop and reach a $1 billion valuation. Activity. Yahoo! Maktoob provides the following online services: News (Yahoo! Maktoob News), sports news (Yahoo! Maktoob Sport), a blogging platform (Yahoo!
In years to come, we are likely to look back on the history of the Arabic web and say its golden age began with Yahoo's acquisition of Maktoob. It is not just the money, although the price tag estimated at between US$75 million (Dh275.4m) and $100m has certainly made millionaires of many, and will become the figure that untold numbers of young ...
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