Zalora Group

Zalora Group, also known as just Zalora, is an e-retailer based in Singapore, founded by Kinnevik AB and Rocket Internet. As of 2021, it currently operates in several East and South East Asian countries.

Zalora Group
Type of businessPrivately held company
Available inEnglish
Indonesian
Chinese
Malay
Thai
Vietnamese
Founded2012 (2012)
HeadquartersCentral Area, Singapore
Area servedIndonesia, Singapore, Malaysia, Philippines, Hong Kong, Taiwan, Brunei
Key peopleGunjan Soni, CEO[1]

Giulio Xiloyannis, COO[2]
Elias Pour, CMO[3]
Ruben Stappers, CFO[4]
Karthik Subramanian, CTO[5]
Rostin Javadi, MD
Anthony Fung, MD

Paulo Campos, MD
IndustryE-commerce
ParentGlobal Fashion Group
Subsidiaries
URLzalora.com

History and Fundraising

Zalora's e-commerce websites was launched in 2012 in Singapore, and rapidly expanded to Indonesia, Malaysia, the Philippines, Taiwan, Hong Kong, Thailand and Vietnam that same year.

Zalora raised $100 million in May 2013 from Rocket Internet, Swedish investment house Kinnevik AB, Summit Partners, Verlinvest and Tengelmann Group.[6][7]

Zalora raised a second round in December 2013 of $112 million from new investors including Len Blavatnik's Access Industries.[8]

In September 2014, Rocket Internet and Kinnevik formed Global Fashion Group comprising Lamoda, Dafiti, Namshi, Jabong and Zalora.[9]

In April 2016, Central Group of Thailand acquired a 100% stake in Zalora's subsidiaries in Vietnam and Thailand from Zalora Group.[10]

In February 2017, Ayala Corporation acquired a 43.4% stake in Zalora Philippines in their first foray into fashion e-commerce.[11][12]

In March 2017, YCH Group and Zalora announced the opening of a 470,000 square foot regional e-fulfilment hub in Kuala Lumpur, Malaysia.[13]

References
  1. Marketing Interactive (Oct 17, 2018). "ZALORA nabs Myntra CMO Gunjan Soni as new CEO".
  2. Retail In Asia (Aug 22, 2018). "Exlusive Interview with ZALORAs COO Giulio Xiloyannis".
  3. E27.co (Sep 24, 2018). "Fashion e-commerce giant ZALORA names Elias Pour as new CMO".
  4. Summer Zhen (May 18, 2017). "CFOs urged to think beyond numbers in changing business world".
  5. "ZALORA features visual search engine on its app". The Jakarta Post. Nov 22, 2017.
  6. Digital News Asia (Mar 13, 2013). "Zalora secures €20mil investment from German retail giant". digitalnewsasia.com.
  7. Steven Millward (May 22, 2013). "Rocket Internet's Fashion E-Store Zalora Scores $100 Million in Funding". techinasia.com.
  8. Ben Bland (Dec 3, 2013). "Zalora raises $112m to tap into southeast Asia online retailing". ft.com.
  9. Kinnevik AB (Sep 4, 2014). "Kinnevik and Rocket Internet to create global fashion e-commerce group". Archived from the original on April 9, 2017. Retrieved April 8, 2017.
  10. Reuters (Apr 27, 2016). "Thailand's Central Group buying e-commerce site Zalora's Thai business".
  11. CLIFF VENZON (Feb 23, 2017). "Ayala enters e-commerce through Zalora Philippines".
  12. "Ayala completes deal to acquire Zalora stake". www.bworldonline.com. Retrieved 2020-04-17.
  13. Anushia Kandasivam (Mar 10, 2017). "Zalora invests US$4.2mil on regional e-fulfilment hub in Malaysia".
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