In what is considered as a huge win for Lazada by the company’s CEO Maximilian Bittner, Tengelmann Group has recently joined in the act and invests on the online department store along with other Rocket Internet investors. There was no mention of the exact amount of the recent investment but according to sources, Rocket Internet was able to raise almost USD20 million from Tengelmann. Read more in our articles including "Lazada gets more funding from Tengelmann" and "Meta launches AI-powered Seller app for Facebook Marketplace".
In what is considered as a huge win for Lazada by the company’s CEO Maximilian Bittner, Tengelmann Group has recently joined in the act and invests on the online department store along with other Rocket Internet investors. There was no mention of the exact amount of the recent investment but according to sources, Rocket Internet was able to raise almost USD20 million from Tengelmann.
Our coverage of tengelmann includes: "Lazada gets more funding from Tengelmann"; "Meta launches AI-powered Seller app for Facebook Marketplace"; "YouTube brings custom thumbnails and AI tool to Shorts". Each article provides unique insights and information.
Our article "Lazada gets more funding from Tengelmann" published on January 22, 2013 covers the latest information about tengelmann. Check it out for the most current details.