The Iconic Picks Up A $26M Round To Build Out Online Fashion In Australia, As Rocket Internet's Global March Continues

Rocket Internet, the incubator run by Berlin's Samwer brothers, has picked up hundreds of millions of dollars ($837 million, in fact) in funding this year for its e-commerce startups, with much of that focused on emerging markets, but today comes news of another significant investment for a far-flung part of the developed world. The Iconic, a fashion portal serving Australia and New Zealand with clothing, shoes and accessories, is picking up $26 million (A$28 million) in funding. Adding that to the $46 million (A$50 million) already raised, the site becomes the largest-ever investment in an e-commerce site in the country.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/IkatHWUYDGU/

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