“We lost 80 percent of our revenue in one night,” says Ronaldo Mouchawar, CEO and founder of e-commerce platform Souq. He’s referring to the moment in 2011 when his company changed its initial auction model to a straight online shopping site. Thankfully, the move has long since proved to be the right one.
Source : arabianbusiness.com
Read more…Video: Ronaldo Mouchawar on Souq, Amazon and what start-ups need to know















