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Luxury Shopping Community BuyVIP Funded By Bertelsmann

By Robert Andrews - Wed 09 Jul 2008 04:58 AM PST

Two-year-old German, Spanish and Italian luxury shopping community BuyVIP has received a further round of investment of an undisclosed size from Bertelsmann Digital Media Investments, 3i and Molins Capital Inversión. The site retails branded fashion, got a €7 million round last year from backers including 3i and claimed €12 million revenue in H108, writes Christopher Pommerening, a partner at ACP, which advised on the deal.

Posted in: Countries, Europe, Germany, Money, VC

Tags: molins capital inversion, bertelsmann digital media investments, buyvip, 3i,


 

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paidContent:UK covers the business of digital media for the U.K. and European markets.

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