Some of Our Sources
- Engadget
- Techcrunch
- Six Revisions
- Abduzeedo
- Creative Curio
- Fuel Your Creativity
- Noupe
- Reencoded
- Design Modo
- TechPowerUp
Help Webnuz
Referal links:
November 12, 2012 02:56 pm GMT
Amazon's global march has yet to take it into emerging markets like Vietnam and Malaysia, so the Samwer brothers have smelled an opportunity to build out their own version in the absence of Amazon itself. Lazada, an Asia-focused "online shopping mall" that has come out of the bothers' German incubator Rocket Internet, is today announcing an investment of $40 million to build out its business. Lazada is already operational in Vietnam, Malaysia, Thailand, Indonesia and the Philippines, and the news comes on the back of another, now confirmed, investment in Lazada from JP Morgan back in September, reportedly in the hundreds of millions of dollars.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/RnMAh_43148/
Samwers Online Shopping Mall Lazada Gets $40M From Shareholder Kinnevik To Push The Amazon Model In Asia
Amazon's global march has yet to take it into emerging markets like Vietnam and Malaysia, so the Samwer brothers have smelled an opportunity to build out their own version in the absence of Amazon itself. Lazada, an Asia-focused "online shopping mall" that has come out of the bothers' German incubator Rocket Internet, is today announcing an investment of $40 million to build out its business. Lazada is already operational in Vietnam, Malaysia, Thailand, Indonesia and the Philippines, and the news comes on the back of another, now confirmed, investment in Lazada from JP Morgan back in September, reportedly in the hundreds of millions of dollars.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/RnMAh_43148/
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