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DVD Forum => Stores, Shopping & Rentals => Online Shopping => Topic started by: norm17 on Sep 13, 2012 at 04:13 PM

Title: J.P. Morgan buys into Lazada online's German owner Rocket Internet
Post by: norm17 on Sep 13, 2012 at 04:13 PM

Quote

Online department store Lazada on Thursday revealed J.P. Morgan Asset Management invested in the company through its German owner Rocket Internet GmbH.
 
As of this posting, Lazada declined to disclose the amount J.P. Morgan supposedly invested in Rocket Internet. Lazada Philippines brand officer Kyla Ortigas noted in a text message they could not release the figures, but the investment was supposedly “a substantial amount for the whole region.”

Continue Reading here, http://www.gmanetwork.com/news/story/273835/economy/companies/j-p-morgan-buys-into-lazada-online-s-german-owner-rocket-internet (http://www.gmanetwork.com/news/story/273835/economy/companies/j-p-morgan-buys-into-lazada-online-s-german-owner-rocket-internet)