Entrepreneurs
Mastering E-Commerce: Ronaldo Mouchawar’s Rise to Amazon’s MENA Leadership
A Syrian entrepreneur, Mouchawar’s career trajectory has dramatically impacted online retail in the Arab world as co-founder of Souq.com, the area’s first unicorn, and a key figure in Amazon’s Middle Eastern operations, Mouchawar’s work has significantly changed the digital shopping experience for millions.
Born in Aleppo, Syria, Ronaldo Mouchawar’s entrepreneurial spirit was nurtured by his family’s commercial background, with his father working as a merchant. His journey into the world of business and technology began in earnest when he left Syria to study in the United States. He earned a Bachelor’s degree in Electrical and Computer Engineering from Northeastern University in Boston, followed by a Master’s in Digital Communications, setting the stage for his future in tech. Before diving into entrepreneurship, Mouchawar gained experience as a technical and systems consultant at Electronic Data Systems (EDS) in Boston, refining the skills that would eventually help him navigate the dynamic tech world.
In 2005, Mouchawar co-founded Souq.com along with his business partners, Samih Toukan and Hussam Khoury. Souq.com is an e-commerce platform designed to service the rapidly increasing demand for online shopping in the Arab world, from clothing to electronics. Souq.com became a household name in a market where digital retail was still at its nascent stage, becoming the largest e-commerce retailer in the region. By 2016, the platform had raised $275 million in funding, recording the largest funding deal in the Arab world to date.
The site further accelerated its growth by offering services tailored to Middle Eastern consumers, such as the Arabic language, cash-on-delivery options, and localized marketing strategies. These innovations really helped in building trust and customer loyalty.
In 2014, Mouchawar launched White Friday, a region-specific sales event to challenge the American Black Friday. Recognizing that Friday holds significant religious values in the Arab world, Mouchawar sought a shopping event that would be attuned to local culture, yet retain the same level of excitement as the American version. The first White Friday sales event generated over $275 million in sales. Sales doubled in 2015 when the event attracted millions from across the region. Since then, the event has become a staple in the regional e-commerce calendar and further solidified Souq.com’s position as a leader in the space.
Mouchawar’s efforts culminated in 2017, when Amazon acquired Souq.com for $580 million, marking a historic deal that would signal the beginning of Amazon’s entry into the Middle Eastern market. As a result of the acquisition, Mouchawar became Vice President of Amazon Middle East and North Africa, leading the development of the digital retail landscape for Amazon in the region. During his leadership, Amazon continued its expansion operations and maintained rapid growth in the Middle East.
He was a businessman in the true sense of the word, with the vision of building and scaling Souq.com into a regional e-commerce powerhouse. This was indeed a result of his perfect understanding of the Middle Eastern market. He also stressed the need to foster a culture of teamwork and innovation within his teams, so that Souq.com remains agile and adaptable in today’s rapidly changing digital world. Mouchawar’s leadership inspired many aspiring entrepreneurs in the Arab world, and his customer-centric innovation has influenced the wider e-commerce ecosystem. He speaks about the need to understand local consumer behavior and adapt business models to the needs of the region-an insight that proved invaluable to his success.
Throughout the years, Mouchawar has received multitudes of accolades for his developments in the technology and e-commerce sectors. He was named Entrepreneur of the Year at the Gulf Business Industry Awards in 2015. His impact on the region’s e-commerce landscape is undeniable, and he remains a driving force behind Amazon’s operations in MENA.
As Mouchawar looks to the future, his continued leadership at Amazon promises to foster even greater growth for the company in the Middle East and North Africa. His story stands as a powerful example of how innovation, determination, and a deep understanding of regional dynamics can create transformative success.