DST Global invests in German online retailer

The new capital will be used to fund the company's further growth throughout Europe.

DST Global is joining existing investors Rocket Internet, Holtzbrinck Ventures, Tengelmann Ventures and Kinnevik.

Company
Zalando is a Berlin-based online retailer for apparel and shoes. It was founded by Robert Gentz and David Schneider in 2008.

The company began it's expansion in 2009 in Austria, followed by the Netherlands and France in 2010. In 2011, the firm moved into the British and Swiss online markets.  

People
Alexander Tamas, partner, led the deal on behalf of DST Global. Rubin Ritter is managing director of Zalando

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