Linio
Industry | eCommerce |
---|---|
Founded | 1 January 2012 |
Headquarters | |
Parent | Chilean retail store Falabella |
Linio is one of the leading marketplaces in Latin America, with presence in five countries and offering more than four million products.
History[]
Linio began operations in 2012 in Mexico.[1]
The company has been through various rounds of funding, including one that concluded in September 2016.[2]
On 1 August 2018, the company was acquired by the Chilean retail store Falabella for USD$138 million.[3]
References[]
- ^ Linio obtiene 55 mdd en financiamiento eleconomista.com.mx, 22 de septiembre de 2016
- ^ "Mexican E-Commerce Company Linio Raises $55 Million", Wall Street Journal, September 22, 2016
- ^ Reuters Editorial. "UPDATE 1-Chile retailer Falabella says to purchase Linio for $138 mln". IN. Retrieved 2018-08-01.
Categories:
- Online retailers of Mexico
- Mexico stubs
- Retail company stubs