Jafco commits $4.6m in Japan footwear site Locondo
Jafco has invested JPY500 million ($4.6 million) in Japanese footwear e-commerce start-up Locondo in a Series C round of funding.
Locondo's site launched in 2011 after the start-up received JPY76 million in seed backing from Rocket Internet in late 2010. The latest capital injection represents the company's third institutional...
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