J.P. Morgan Chase and Blakeney Management have invested over $20 million in Dubai-based ecommerce firm Namshi.com - Reuters is reporting
Namshi.com, which was officially launched in January 2012, sells footwear and fashion online and ship to fashion consumers across the GCC. For a list of similar investments in the Middle East online space, check our special section here.
More details follows from Reuters
Previous Post: MENA Private Equity Confidence Survey - Report
Next Post: Bahrain investor's summer acquisitions in Spain and US: $550 million