Zalora Group
ZALORA Group
Type of business Private
Headquarters Singapore
Area served Indonesia, Singapore, Malaysia, Philippines, Hong Kong, Taiwan, Brunei
Key people Parker Gundersen, CEO [1]
Industry Internet
Services E-commerce
(Online shopping)
Website ZALORA.com
Alexa rank Increase 274,585 (2017) [2]

Zalora Group is an e-retailer founded by Rocket Internet with operations in several South East Asian countries.

History and Fundraising

ZALORA's e-commerce websites launched in 2012 in Indonesia, Malaysia, the Philippines, Singapore, Taiwan, Hong Kong, Thailand and Vietnam.

ZALORA raised $100 million in May 2013 from Rocket Internet, Swedish investment house Kinnevik AB, Summit Partners, Verlinvest and Tengelmann Group.[3][4]..

ZALORA raised a second round in December 2013 of $112 million from new investors including Len Blavatnik's Access Industries.[5]

In September 2014, Rocket Internet and Kinnevik formed Global Fashion Group comprising Lamoda, Dafiti, Namshi, Jabong and ZALORA.[6]

In April 2016, Central Group of Thailand acquired a 100% stake in ZALORA Vietnam and ZALORA Thailand from ZALORA Group.[7]

In February 2017, Ayala Corporation acquired a 43.4% stake in ZALORA Philippines in their first foray into fashion e-commerce.[8]

In March 2017, YCH Group and ZALORA announced the opening of a 470,000 square foot regional e-fulfilment hub in Kuala Lumpur, Malaysia.[9]

References


  This article uses material from the Wikipedia page available here. It is released under the Creative Commons Attribution-Share-Alike License 3.0.


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