Temasek leads $249m round for SE Asia-focused Lazada
Temasek Holdings has led a EUR200 million ($249 million) round of funding for Lazada, a Southeast Asia-focused online retailer set up by Germany’s Rocket Internet.
Several existing investors also participated in the round, including Kinnevik and Verlinvest, as well as Rocket Internet itself. Lazada has now raised more than $700 million from investors. Last December,...
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