12 Mar '13, 11am

Zalora Gets $26 Million from Germany’s Tengelmann, Plans New Developer Base in Singapore

Zalora Gets $26 Million from Germany’s Tengelmann, Plans New Developer Base in Singapore

Original image credit: opensecrets.org Rocket Internet’s Southeast Asia-oriented online fashion shop Zalora announced today that it has received a cool US$26 million investment from German retail company Tengelmann Group. Christian Winter, the CEO of Tengelmann Ventures commented on this latest investment: We are confident that this is a synergistic and promising partnership given both our strengths in retail and the tremendous potential of the e-commerce market in Asia. Zalora’s success in the market, growth trajectory, management team and investor base speak volumes about how the company is fast becoming the undisputed leader for online fashion and beauty retail in many countries. The regional managing director of Zalora Southeast Asia Michele Ferrario said in today’s announcement that Tengelmann’s experience in retailing and e-commerce can help Zalora to achieve the top...

Full article: http://www.techinasia.com/zalora-26-million-germanys-teng...

Tweets

Zalora gets USD 26M investment and double-digit...

sgentrepreneurs.com 12 Mar '13, 11am

Zalora gets USD26M funding and double-digit millions in revenue, builds app dev center in S’pore March 12, 2013 by Terence...

Singapore’s E-Commerce Startup Jooix Snags Half Million in Funding, Plans Southeast Asia Expansion

Singapore’s E-Commerce Startup Jooix Snags Half...

techinasia.com 14 Mar '13, 12am

Singapore’s Jooix is a highly-curated fashion/beauty e-commerce startup that just got some good news: the company has succ...

Google gets fined $9 million over hotspot data

Google gets fined $9 million over hotspot data

straitstimes.com 12 Mar '13, 10pm

A Google Street View vehicle as it collects imagery while driving down Interstate I-66 near Centreville, Virginia. The lon...

Pacnet Invests $90 Million to Build Singapore Data Center: March 12, 2013 -- Web hosting provider Pacnet annou...

Pacnet Invests $90 Million to Build Singapore D...

thewhir.com 12 Mar '13, 8pm

Pacnet has made a $90 million investment to build a new Tier III data center in Singapore Related Topics: asia , data cent...

The tallest building in Los Angeles sold to Singapore-based developer for $367.5 million

The tallest building in Los Angeles sold to Sin...

scpr.org 12 Mar '13, 2am

ROBYN BECK/AFP/Getty Images The Space Shuttle Endeavor is ferried past the tallest building in Los Angeles — and west of t...

Unless #Congress acts to end #sequestration, fu...

defense.gov 11 Mar '13, 7pm

Furloughs Can Begin April 26, DOD Comptroller Says By Jim Garamone American Forces Press Service WASHINGTON, March 11, 201...

Zalora Up To 10% OFF Storewide Coupon Code #sin...

singapore-promotions.com 15 Mar '13, 4pm

Start: 16 March 2013 End: 18 March 2013 Venue: Zalora Enjoy up to 10% OFF on over 800 fashion and beauty brands with the b...

CSC buys Melbourne IT DBS for A$152.5 million

domainnamewire.com 12 Mar '13, 2pm

A shocking price tag for Melbourne IT’s brand protection business. There’s money in online brand management. Melbourne IT ...