Tengelmann
Property portal Lamudi raises US$19mil to grow in Asia, Latin America
Lamudi said it has raised €16 million (US$19 million) in investment to grow its operations in Asia and Latin America, after merging its businesses in the two regions to form one company, Lamudi Global.
Zalora gets US$100mil, e-commerce gauntlet thrown
The news last week that Zalora, which claims to be Asia’s fastest growing online beauty and fashion site, has secured fresh funding of US$100 million has sent shockwaves around the region, writes Karamjit Singh.
