Magazine Luiza acquired Brazilian ecommerce brand Netshoes for US$62m. As of June 14th, Valor Econômico has reported Magazine Luiza acquired Brazilian ecommerce brand Netshoes for US$115m. More information here. (Brazil…
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Mexican PE fund Sierra Capital acquired 100% of Netshoes’ operations in Mexico.
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Netshoes has IPO’d on the New York Stock Exchange. Investors in Netshoes include KaszeK Ventures, Riverwood Capital, the IFC, GIC, Tiger Global, Iconiq Management, and Temasek Holdings. (Valor Econômico) Hoje…
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(Fusões & Aquisições) Brazilian e-commerce platform, Grupo Netshoes, acquired São Paulo retailer, Shoestock, to strengthen its e-commerce portfolio company, Zattini. Netshoes Acquires São Paulo based Shoestock (em português) was last…
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(E-Commerce News) Netshoes announced receiving a third investment of US$45m from Riverwood Capital, a venture capital fund specializing in technology, and the International Finance Corporation, a member of the World…
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(Reuters) Brazilian online sports goods retailer Netshoes has received a new round of $170 million investment led by Singapore’s sovereign wealth fund GIC. Brazil’s Netshoes Receives US$170m Investment was last…