E-commerce
Brazil: Intel invests in fashion e-commerce websites Monday 20 February 2012 | 12:08 PM CET

Intel Capital, the investment arm of Intel, a US-based semiconductor chip maker corporation, has made an investment in two Brazilian e-commerce website, namely the Coquelux and Fashion.me.

Coquelux is an online shopping club which allows members to gain access to flash events where they can purchase premium and luxury goods at a discount. Fashion.me is a social e-commerce platform where users create custom looks from more than two million labels and share them in the Fashion.me network.

For the last five years Intel Capital has made investments in five Brazilian e-commerce start-ups. Since 1999, Intel Capital has invested USD 75 million in 25 Brazilian companies.

Since1991, Intel Capital has invested over USD 10.4 billion in 1,212 companies in 51 countries. Of those companies, 196 have gone public and 291 were acquired. In 2011, Intel Capital invested USD 526 million in 89 new and 69 follow-on investments. About 51 percent was invested outside the US and Canada.
 

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