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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.”
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Topic: J.P. Morgan buys into Lazada online's German owner Rocket Internet (Read 1939 times)
