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July 09, 2007
France's Zlio Raises $4M From Mangrove
France's Zlio has raised $4M million from Mangrove Capital Partners, the first institutional investors in Skype. Zlio had been bootsrapped. The company's CEO gets in touch to let us know about Zlio's growth both on the French
and the US fronts.
+ The site is now attracting over 2.5M monthly unique visitors and has over 100K created!
+ It has over 3M products
+ Zlio wil be launching its UK branch in the very near future.
Zlio competes with RightCart, MyPickList, WhatsBuzzing, ShopWiki, Kaboodle, Crowdstorm, Pepperjam and Jellyfish, StyleHive, ThisNext and Wists. Several of these are showing a good number of users so we can expect even more competitors who will need to differentiate with a twist. Zlio may find that its European center of gravity to be a strength.
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Posted on July 9, 2007 09:21 PM | Posted to eCommerce | Permalink
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