Monday, December 1, 2014

Lazada Group secures US$249 million funding led by Temasek

The company plans to use the funds to expand and improve its logistics infrastructure, payment solutions and IT systems Southeast Asia’s e-commerce player*Lazada Group*has secured US$249 million (EUR 200 million) in funding led by Temasek, a Singapore-based investment company. Several existing investors including Rocket Internet, Kinnevik and Verlinvest*also participated int he round. The company plans...



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