Summit Partners Invests €20 Million In Zando

[Techtaffy Newsdesk]

South Africa-based fashion e-commerce retailer has received an investment of €20 million by Summit Partners. Summit Partners will also take a stake in through its German holding company.

Internet penetration is forecasted to hit 20% in 2013 in South Africa as the number of experienced internet users increases.

Zando’s current offering includes over 400 brands and 10 000 products online.

You may also be interested in:


Categories:   Uncategorized


Leave a Reply