Linio

Linio logo

Linio is a leading e-commerce retailer in Mexico and the rest of Latin America.[1] Its main investors include the Mexico-based funds LIV Capital and Northgate, Sweden-based Kinnevik and Berlin-based Rocket Internet, with presence in 8 countries: Argentina, Chile, Colombia, Ecuador, Mexico, Panama, Peru and Venezuela.

It sells goods including electronics, telephony, fashion, home furnishings and furniture, health and beauty, toys, books, movies, and music.[2]

Linio began operations in 2012 in Mexico.[3]

The company has been through various rounds of funding including one concluded in September 2016.[4]

On August 1, 2018, the company was acquired by the Chilean retail store Falabella for USD$138 million.[5]

Referencias

  1. ↑ "'Applícate' al comprar" ("App-ly yourself when you buy"), El Diario (Guadalajara), 28 November 2016
  2. ↑ Linio Mexico site
  3. ↑ http://eleconomista.com.mx/mercados-estadisticas/2014/07/01/northgate-invierte-us20-millones-linio
  4. ↑ "Mexican E-Commerce Company Linio Raises $55 Million", Wall Street Journal, September 22, 2016
  5. ↑ Editorial, Reuters. "UPDATE 1-Chile retailer Falabella says to purchase Linio for $138 mln". IN. Retrieved 2018-08-01.
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