SINGAPORE PRESS-Online retailer Zalora secures $112m funding - Business Times

Wed Dec 4, 2013 7:34pm EST

Dec 5 (Reuters) - Online fashion retailer Zalora Group has landed $112 million in funding from private investor group Access Industries, funds managed by US-based asset management firm Scopia Capital Management and other institutional investors, which comes shortly after an earlier fund-raising round in May.

The group has a presence in Singapore, Indonesia, Malaysia, the Philippines, Thailand, Vietnam, Hong Kong and Brunei. It also operates online fashion retailer The Iconic, which serves Australia and New Zealand.


NOTE: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Rachel Armstrong; Editing by Sunil Nair)