Global Fashion Group raises $339 million; valuation down 68%3 min read . Updated: 28 Apr 2016, 03:33 AM IST
Investor Rocket Internet says it continued to be 'very excited' by the prospects of Global Fashion Group, given its market-leading presence in emerging markets
Bengaluru: Global Fashion Group (GFG), an international group of six online fashion stores including India’s Jabong, has raised $339 million from its controlling shareholders, Rocket Internet and AB Kinnevik, at a valuation that marks a steep drop from the company’s last funding round.
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