Investment AB Kinnevik
Lazada gets another US$250mil in funding
Lazada said it has raised a funding round from a group of investors including Tesco Plc, Access Industries, Investment AB Kinnevik and Verlinvest, adding approximately US$250 million to its balance sheet.
Rocket Internet adds another US$500mil to war chest
Rocket Internet said it has raised a total of US$500 million from partners Investment AB Kinnevik and Access Industries since May 2012, representing the largest investment ever made in an Internet incubator and accelerator company.