Singapore's Zilingo raises US$226 million to expand fashion site

Singapores Zilingo raises US$226 million to expand fashion site
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  • SINGAPORE: Zilingo, a Singapore-based online fashion marketplace, raised US$226 million to fund an expansion into the Philippines, Indonesia and Australia.
  • The startup is valued at US$970 million, according to people familiar with the matter who asked not to be named because the information is private.
  • She came up with the idea after a visit to Bangkok’s popular Chatuchak market, which features more than 15,000 booths selling goods from across Thailand.


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