InBev families and Tesco invest in Lazada again

InBev families and Tesco invest in Lazada again

The families behind the world's biggest brewery group InBev will be participating in the second funding round of Lazada, Southeast Asia’s largest online warehouse.

Lazada gets 250 million dollars

The two Belgian families, Spoelberch and de Mévius, have already invested in the online warehouse’s previous funding round in June through their investment company Verlinvest. At that time, Lazada secured 100 million dollars (some 77 million euro), but this second round would be worth 250 million dollars.

 

Belgian Verlinvest is joined by British supermarket giant Tesco, American Access Industries and Swedish Investment AB Kinnevik (the current Zalando owner), but it is unclear how much money each investor paid.

 

Lazada ispowered by Rocket Internet, a fast-growing group belonging to the German Samwer brothers who have also built up Zalando. It is the third collaboration between the InBev families and the Samwer family, after earlier investments in online boutiques Zalora (Southeast Asia) and The Iconic (Australia).

 

A playground for investors

Verlinvest is not the only Belgian investor seeking fortune in e-commerce: Sofina is buying stakes in companies like French online shoe seller Spartoo, Spanish private clothing botique Privalia and recently in Flipkart (India’s version of Amazon). Coincidentally, Sofina recently backed out of supermarket Delhaize’s capital.

 

The moves are not limited to abroad, as moves are also being made in Belgium. Last week, Shopinvest, which owns clothing retailer e5 Mode, has purchased Outlet Avenue, an online outlet store from Brussels.

 

 

 

(translated by Gary Peeters)

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