April 30, 2013: Zalora, one of the famous online fashion stores in Asia owned by Rocket Internet had a net loss of RM276 million (US$91 million) last year, reports Inside Retail Asia. However, Rocket Internet expected revenue of RM3.94 billion (US$1.3 billion) by 2016.
Zalora loses RM0.27b in 2012 but expects revenue of RM3.9b by 2016
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