Brazilian e-commerce giant raises $65 million in its fourth round of funding, bringing its two year total to $180 million.
U.S. financial firm JP Morgan is continuing to buy up stakes in select Rocket Internet online fashion retailers – first in Europe (Zalando), then in Brazil (Dafiti) and now in Russia, with Rocket’s Lamoda today announcing a cash-for-equity deal, terms …
In a telling move that comes less than a week after the announcement of an investment in rapidly expanding European online retail giant Zalando, JP Morgan is clearly eager to up its stakes in the e-commerce industry globally and has recognized the potential of the Brazilian Internet market.
US financial firm JP Morgan and Quadrant Capital Advisors are to become the latest investors in fast-growing Internet retail empire Zalando.
