Aug 13, 2012

Locondo Raises Capital From Mizuho Capital and Neostella Capital / MSN Sankei News

Shoes and bag shopping site, Locondo allocates news shares to Mizuho Capital and Neostella Capital.

Locondo officially launched the service in February 2011. It offers free shipping and refund within 99 days. ...

MSN Sankei News 8/10/2012 [jp]

  • Locondo was founded in 2010 backed by Rocket Internet, German incubator. The annual revenue ending February 2012 was 860 million yen and the loss was 1.4 billion yen. Since the e-commerce business seems to require upfront investment, it may have other finance rounds.

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