J.P. Morgan invests another Rocket Internet site, ZALORA

Southeast Asia’s leading online fashion store ZALORA announced that J.P. Morgan Asset Management agreed to invest in the company for further growth and expansion in Southeast Asia, 8 months after the launch of ZALORA.

Currently ZALORA is operated in Malaysia, Singapore, Thailand, Philippines, Vietnam, Hong Kong and Taiwan. ZALORA was launched in Indonesia last week.

In recent news, another online site by Rocket Internet received investment from J.P. Morgan Asset Management for Southeast growth and expansion.

by Alice Lee

Author: VSDaily Editor

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