Zalora, Rocket Internet's SE Asian Zappos Clone, Raises $100M More From Summit, Kinnevik And More

Zalora, a Zappos-style fashion e-commerce site in South East Asia backed by the Samwer brothers' Rocket Internet incubator, is today announcing its latest investment -- $100 million, led by Rocket Internet itself, along with regular Samwer investing partners Summit Partners, Investment AB Kinnevik, Verlinvest and Tengelmann Group. The is the largest investment in Zalora to date, and one of the largest in an e-commerce startup in the region. Zalora has operations in Singapore, Indonesia, Malaysia, Brunei, the Philippines, Thailand, Vietnam, Taiwan and Hong Kong, and comes amid a new flush of money for fashion e-commerce companies: just yesterday it was reported that Fab is raising $250 million at a $1 billion valuation (a deal that only one month ago appeared to be for a $100 million raise).

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