Tag «Tengelmann Group»

PricePanda receives USD 3M from Tengelmann Group

Berlin/Singapore, 27th of January 2014 – PricePanda, South East Asia’s #1 price comparison platform, secured USD 3M from Tengelmann Group. Other existing investors include Investment AB Kinnevik and Rocket Internet. This will allow PricePanda to reshape the e-commerce landscape in further countries in the upcoming months. Christian Schiller, Co-Founder and Managing Director PricePanda: “We are …

LAZADA secures US$100 million of funding and launches a new mobile shopping platform

June, 20th. LAZADA, Southeast Asia’s largest online shopping mall, today disclosed that Verlinvest, a Belgian family-owned, consumer-focused investment holding company, has joined the company as an investor. Existing investors Holtzbrinck Ventures, Kinnevik, Summit Partners and Tengelmann Group also participated in the financing round that injected about US$100 million of fresh capital into LAZADA’s German holding …