Tiendanube gets funding for expansion

Tiendanube gets funding for expansion

Corporate & Sovereign Strategy Equity Latin America Argentina Brazil Chile Colombia Peru Mexico Commerce Technology

Argentina’s Tiendanube said Tuesday that it has raised $500 million in financing to expand its e-commerce business in Latin America, the latest startup in the country to attract a large amount of foreign capital this year. The nearly 10-year-old company said it raised the funds in a Series E round led by the US-based investment firms Insight Partners and Tiger Global Management, according to a press release and a series of messages on Twitter. The other investors in the round were Alkeon Capital

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