Day

December 6, 2012

Lazada Receives $26M From Summit Partners

Rocket Internet’s Asia-oriented e-commerce site Lazada announced yesterday that the company received $26 million in funding from equity investor Summit Partners. The money will be spent on further business development in its five markets: Indonesia, Malaysia, Philippines, Vietnam, Thailand. Maximilian Bittner, the regional CEO of Lazada, adds: tech.david-cheong.com We are…