Bloomberg News quoted sources as saying that the online shopping site "dot - com market , " which is described as the "Amazon Middle East" is preparing to sell a stake in the company 's 30%, in the process will determine the total value of the company by at least $ 1.2 billion. The sources said that the company assisted investment bank, "Goldman Sachs" the US to find buyers for the stake, and they do not mind selling to other companies operating in the same field, or a financial investor. And working "market" the same business model applied by the famous American site "Amazon." The company has collected -alta based in Dubai Maqra- funding worth $ 275 million from several investors in the latest financing rounds last February. "Market" was established in 2005 and employs about 3,000 employees. The company sells more than 400 thousand products online to customers in the UAE , Egypt , Kuwait and Saudi Arabia . If the company completed the planned sale process would be the first Arab company in the emerging field of Internet worth more than the estimated billion dollars.
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