An Interest In:
Web News this Week
- March 28, 2024
- March 27, 2024
- March 26, 2024
- March 25, 2024
- March 24, 2024
- March 23, 2024
- March 22, 2024
Some of Our Sources
- BoingBoing
- Techcrunch
- Six Revisions
- Abduzeedo
- Fuel Your Creativity
- 24 Ways
- Wal You
- Freelance Switch
- Android Dissected
- Hashedout
Help Webnuz
Referal links:
June 21, 2012 01:34 pm GMT
In the same week that Fab snapped up UK design site Llustre and set its sights on more European expansion, some growth news from another big online fashion commerce player: KupiVIP, the Gilt Groupe of Russia, has raised another $38 million in funding to help fuel a business that is on track to make $200 million in net sales this year.The round was led by Intel Capital, with participation from new investors Acton Capital Partners and the European Bank of Reconstruction, as well as existing investors Balderton Capital and Accel Partners, and will be used to expand the company's logistics operations, with the opening of a 20,000 square-meter warehouse. It will also be used to launch more websites to complement KupiVIP's flash sales site, luxury goods site, full-price sales site, and white-label business.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/DqfFEO1R24A/
The Gilt Groupe of Russia, KupiVIP, Raises Another $38M Led By Intel
In the same week that Fab snapped up UK design site Llustre and set its sights on more European expansion, some growth news from another big online fashion commerce player: KupiVIP, the Gilt Groupe of Russia, has raised another $38 million in funding to help fuel a business that is on track to make $200 million in net sales this year.The round was led by Intel Capital, with participation from new investors Acton Capital Partners and the European Bank of Reconstruction, as well as existing investors Balderton Capital and Accel Partners, and will be used to expand the company's logistics operations, with the opening of a 20,000 square-meter warehouse. It will also be used to launch more websites to complement KupiVIP's flash sales site, luxury goods site, full-price sales site, and white-label business.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/DqfFEO1R24A/
Share this article:
Tweet
View Full Article
Techcrunch
TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.More About this Source Visit Techcrunch