Linio

Linio is a leading Market Place eCommerce in Latin America founded by Rocket Internet. It sells goods including electronics, telephony, fashion, home furnishings and furniture, health and beauty, toys, books, movies, and music.

Linio
IndustryeCommerce
Headquarters
Mexico 
ParentChilean retail store Falabella
Websitewww.linio.com 

History

Linio began operations in 2012 in Mexico.[1]

The company has been through various rounds of funding including one concluded in September 2016.[2]

On August 1, 2018, the company was acquired by the Chilean retail store Falabella for USD$138 million.[3]

gollark: I always just use horrible accursion to install my favoured OS on cloud platforms.
gollark: Maybe I should run it on 1908254717975918 incredibly low-resource VMs, for purposes.
gollark: Does that actually *work*, over slow WAN networks?
gollark: Is that secure?
gollark: Not "oops, we accidentally made something exactly like a human but it's in a computer and it doesn't like us".

References
  1. http://eleconomista.com.mx/mercados-estadisticas/2014/07/01/northgate-invierte-us20-millones-linio
  2. "Mexican E-Commerce Company Linio Raises $55 Million", Wall Street Journal, September 22, 2016
  3. Editorial, Reuters. "UPDATE 1-Chile retailer Falabella says to purchase Linio for $138 mln". IN. Retrieved 2018-08-01.


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