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Finance is unstable, Zalora business in some countries for sale.




One well-known e-commerce sites, Zalora reported to have sold a number of businesses in several countries. Zalora business being sold reported in the territory of Thailand and Vietnam.

Sources close to the e-commerce site revealed that Rocket Internet, the parent company Zalora deliberately sold the business in both countries to streamline expenditure. As reported by TechCrunch (04.14.16), income actually Zalora 2015 as a whole increased by about 78 percent to USD 235 million.

However, net loss reported in 2015 also increased 36 percent to USD 105 million. This condition eventually lead to the closure of businesses Zalora in some countries can not be avoided and is rated as the right decision.

Unfortunately, until now not known why the business in these two countries selected by the parent company for sale. However, of the rumors is unknown if the business in both countries included in the ranking bottom that generate revenue for the company.

From rumors, Zalora business in Thailand will soon be sold to local entrepreneurs with transaction value reached USD 10 million. Meanwhile, unknown to Zalora Vietnam will be sold to anyone.

As information, in addition to selling the business Zalora in Thailand and Vietnam, Rocket Internet has sold most of the shares Lazada to the e-commerce giant Alibaba Bamboo Curtain country of origin. The deal is said to involve a transaction with a total investment of USD 990 million.

Finance is unstable, Zalora business in some countries for sale. Finance is unstable, Zalora business in some countries for sale. Reviewed by Unknown on 8:20 AM Rating: 5

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