Kickstart, BPI invest in Zalora Philippines alongside parent
Kickstart Ventures and BPI Capital have joined their parent Ayala Group to buy a 49% stake in the Philippines business of online fashion retailer Zalora.
Financial terms of the transaction were not disclosed. Ayala Group will take a 43.3% stake, according to a media report linked from Zalora’s Twitter feed. In a separate disclosure Ayala’s property...
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