Fast-growing German online retailer Zalando has gained two new financial investors as it seeks to expand and take a bigger slice of the market for fashion sales via the Internet,Reuters wrote Thursday. JP Morgan Asset Management and Quadrant Capital Advisorshave taken small stakes of 1.3% and 0.9% respectively for an undisclosed price, Zalando said on Thursday.
Reuters article:
http://www.pehub.com/163071/reuters-jp-morgan-quadrant-capital-back-zalando/