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Global Fashion Group raises additional EUR 150 million of primary capital from existing shareholders // Funding round is led by largest shareholders Kinnevik and Rocket Internet // Global Fashion Group agrees to acquire two Brazilian online fashion businesses...

28 April, 2016, Bangalore: Finally the Global Fashion Group (GFG), parent company of Jabong who has been in the media headlines recently for scoring immense losses, has managed to pull fresh funding from its existing investors. But unfortunately, the...

Rocket Internet SE, Germany’s highest-profile startup investor, contributed 68 million euros to a 330-million-euro funding round for its startup Global Fashion Group, completing a deal first announced in April.

Rocket Internet SE owned Global Fashion Group (GFG) announced a successful funding round of €330 million, which has been subscribed by existing investors.

Rocket Internet Narrows Quarterly Losses at Portfolio Startups BERLIN, GERMANY — Rocket Internet SE shrank losses at several of its holdings, a relief for the biggest European startup factory as it seeks to convince shareholders its investments in the...