Linio

Linio is one of the leading marketplaces in Latin America. With presence in five countries. Offering more than four million of products.

Linio
IndustryeCommerce
ParentChilean retail store Falabella

History

Linio began operations in 2012 in Mexico.[1]

The company has been through various rounds of funding including one concluded in September 2016.[2]

On 1 August 2018, the company was acquired by the Chilean retail store Falabella for USD$138 million.[3]

References
  1. Linio obtiene 55 mdd en financiamiento eleconomista.com.mx, 22 de septiembre de 2016
  2. "Mexican E-Commerce Company Linio Raises $55 Million", Wall Street Journal, September 22, 2016
  3. Editorial, Reuters. "UPDATE 1-Chile retailer Falabella says to purchase Linio for $138 mln". IN. Retrieved 2018-08-01.


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