Zalora Group
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Type of business | Privately held company |
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Available in | English Indonesian Chinese |
Founded | 2012 |
Headquarters | Central Area, Singapore |
Area served | Indonesia, Singapore, Malaysia, Philippines, Hong Kong, Taiwan, Brunei |
Key people | Gunjan Soni, CEO [1] Giulio Xiloyannis, COO [2] |
Industry | E-commerce |
Parent | Global Fashion Group |
Subsidiaries | www www |
URL | zalora |
Zalora Group is an e-retailer founded by Kinnevik AB and Rocket Internet with operations in several South East Asian countries.
History and Fundraising[]
Zalora's e-commerce websites launched in 2012 in Indonesia, Malaysia, the Philippines, Singapore, Taiwan, Hong Kong, Thailand and Vietnam.
Zalora raised $100 million in May 2013 from Rocket Internet, Swedish investment house Kinnevik AB, Summit Partners, and Tengelmann Group.[6][7]
Zalora raised a second round in December 2013 of $112 million from new investors including Len Blavatnik's Access Industries.[8]
In September 2014, Rocket Internet and Kinnevik formed Global Fashion Group comprising Lamoda, Dafiti, Namshi, Jabong and Zalora.[9]
In April 2016, Central Group of Thailand acquired a 100% stake in Zalora Vietnam and Zalora Thailand from Zalora Group.[10]
In February 2017, Ayala Corporation acquired a 43.4% stake in Zalora Philippines in their first foray into fashion e-commerce.[11][12]
In March 2017, YCH Group and Zalora announced the opening of a 470,000 square foot regional e-fulfilment hub in Kuala Lumpur, Malaysia.[13]
In April 2020, Zalora launched a community outreach programme in its market across South East Asia to lend support to the COVID-19 relief efforts.
References[]
- ^ Marketing Interactive (Oct 17, 2018). "ZALORA nabs Myntra CMO Gunjan Soni as new CEO".
- ^ Retail In Asia (Aug 22, 2018). "Exclusive Interview with ZALORAs COO Giulio Xiloyannis".
- ^ E27.co (Sep 24, 2018). "Fashion e-commerce giant ZALORA names Elias Pour as new CMO".
- ^ Summer Zhen (May 18, 2017). "CFOs urged to think beyond numbers in changing business world".
- ^ "ZALORA features visual search engine on its app". The Jakarta Post. Nov 22, 2017.
- ^ Digital News Asia (Mar 13, 2013). "Zalora secures €20mil investment from German retail giant". digitalnewsasia.com.
- ^ Steven Millward (May 22, 2013). "Rocket Internet's Fashion E-Store Zalora Scores $100 Million in Funding". techinasia.com.
- ^ Ben Bland (Dec 3, 2013). "Zalora raises $112m to tap into southeast Asia online retailing". ft.com.
- ^ Kinnevik AB (Sep 4, 2014). "Kinnevik and Rocket Internet to create global fashion e-commerce group". Archived from the original on April 9, 2017. Retrieved April 8, 2017.
- ^ Reuters (Apr 27, 2016). "Thailand's Central Group buying e-commerce site Zalora's Thai business".
- ^ CLIFF VENZON (Feb 23, 2017). "Ayala enters e-commerce through Zalora Philippines".
- ^ "Ayala completes deal to acquire Zalora stake". www.bworldonline.com. Retrieved 2020-04-17.
- ^ Anushia Kandasivam (Mar 10, 2017). "Zalora invests US$4.2mil on regional e-fulfilment hub in Malaysia".
- 2012 establishments in Singapore
- Internet properties established in 2012
- Online retailers of Singapore
- Retail companies established in 2012
- Singaporean companies established in 2012
- Singaporean brands