Rumor: Shoe-shop Zalando was valued 370 million €

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Was the German Zappos clone Zalando really valued 370 million Euro within the last round of financing?

German press reports indicated that the Swedish investment company “Investment AB Kinnevik” has recently joined Zalando with 2.7%. As the last quarter report shows, Kinnevik directly plugged € 10 million into one of the “Rocket Internet”-Portfolio Companies in the third quarter. It seems more as likely that this was an investment in Zalando, especially since the shoe-shop emerges also as the only new company the investment schedule of “Investment AB Kinnevik” now.