Lazada Raises $26 M of Series A Funding
- ... What do you have to say? 0 Comments
Lazada, a leading online shopping mall in Southeast Asia and run and manage by Rocket Internet has raised $26 M of series A funding from Palo Alto-based Summit Partners.
Lazada is currently available in Malaysia, Vietnam, Thailand, Indonesia and the Philippines. The new funding will be used to expand its services and roll out in other countries and also increase its customer base. There are potential 600 million customers that Lazada is targeting in Southeast Asia.
Funding Total: $26,000,000
|Round||Date||Amount||Pre Amount||Post Amount|
|Investors: Summit Partners|