Rocket Internet's Global Fashion Group raises $339m, valuation down by one-third

Rocket Internet's Global Fashion Group raises $339m, valuation down by one-third

Global Fashion Group (GFG), a fashion e-commerce firm that operates across five regions through five leading fashion e-commerce companies- India's Jabong, Latin America’s Dafiti, Russia’s Lamoda, Namshi in the Middle East, and Zalora in South East Asia and Australia.

Rocket Internet’s ‘Global Fashion Group’ –  the holding company that comprises brands such as Lamoda, Zalora and Jabong – has raised €300 million ($339 million) from Rocket and other exiting shareholders.

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