German-based Online fashon e-commerce Zalando has raised €40.7m ($53.1m) in a debt-financing deal with banking and financial services company Commerzbank, Sparkasse Mittelthüringen and German government-owned development bank KfW Bankengruppe. Zalando is backed by Tengelmann’s corporate venturing unit and other corporate-linked groups. In February, Zalando raised an undisclosed amount selling a 4% stake to DST Global, the…
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