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.
 | |
| Industry | eCommerce |
|---|---|
| Headquarters | |
| Parent | Chilean retail store Falabella |
| Website | www |
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]
References
- http://eleconomista.com.mx/mercados-estadisticas/2014/07/01/northgate-invierte-us20-millones-linio
- "Mexican E-Commerce Company Linio Raises $55 Million", Wall Street Journal, September 22, 2016
- Editorial, Reuters. "UPDATE 1-Chile retailer Falabella says to purchase Linio for $138 mln". IN. Retrieved 2018-08-01.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.