{"id":25517,"date":"2012-10-31T09:09:06","date_gmt":"2012-10-31T07:09:06","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=25517"},"modified":"2012-10-31T09:10:53","modified_gmt":"2012-10-31T07:10:53","slug":"funding-boost-for-zando","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/trending\/25517\/funding-boost-for-zando\/","title":{"rendered":"Funding boost for Zando"},"content":{"rendered":"

Zando, an\u00a0e-commerce retailer, selling footwear, clothing, and fashion accessories \u2013 has landed a second major\u00a0investment in a matter of weeks, following a\u00a0\u20ac20 million injection by growth equity investor, Summit Partners.<\/p>\n

It follows a\u00a0\u201cdouble digit million US dollars\u201d investment from\u00a0J.P. Morgan Asset Management<\/a>\u00a0in September.<\/p>\n

Summit Partners is set to\u00a0take a stake in Zando.co.za through its German holding company.<\/p>\n

Zando was launched in January 2012, and has quickly grown to become one of the largest online retailers in South Africa. The company has grown to over 200 employees within less than nine months.<\/p>\n

Related articles<\/strong><\/p>\n

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Bidorbuy expects strong online commerce growth in 2012<\/strong><\/a><\/p>\n

Bidorbuy growth plans revealed<\/strong><\/a><\/p>\n

SA dominates web hosting in Africa<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Zando, an e-commerce retailer, selling footwear, clothing, and fashion accessories \u2013 has landed a second major investment in a matter of weeks, following a \u20ac20 million injection by growth equity investor, Summit Partners.<\/p>\n","protected":false},"author":10,"featured_media":22735,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[25,2065,4502,4501,4181,4503],"class_list":["post-25517","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-active","tag-e-commerce","tag-j-p-morgan-asset-management","tag-summit-partners","tag-zando","tag-zando-co-za"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/25517","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=25517"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/25517\/revisions"}],"predecessor-version":[{"id":25521,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/25517\/revisions\/25521"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/22735"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=25517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=25517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=25517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}