Linio
Linio is one of the leading marketplaces in Latin America, with presence in five countries and offering more than four million products.
 | |
| Industry | eCommerce |
|---|---|
| Founded | 1 January 2012  |
| Headquarters | |
| Parent | Chilean retail store Falabella |
History
Linio began operations in 2012 in Mexico.[1]
The company has been through various rounds of funding, including one that concluded in September 2016.[2]
On 1 August 2018, the company was acquired by the Chilean retail store Falabella for USD$138 million.[3]
References
- Linio obtiene 55 mdd en financiamiento eleconomista.com.mx, 22 de septiembre de 2016
- "Mexican E-Commerce Company Linio Raises $55 Million", Wall Street Journal, September 22, 2016
- Reuters Editorial. "UPDATE 1-Chile retailer Falabella says to purchase Linio for $138 mln". IN. Retrieved 2018-08-01.
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