 | |
| Industry | eCommerce |
|---|---|
| Founded | 1 January 2012  |
| Headquarters | |
| Parent | Chilean retail store Falabella |
Linio is one of the leading marketplaces in Latin America, with presence in five countries and offering more than four million products.
History
[edit]Linio began operations in 2012 in Mexico.[1]
The company has been through various rounds of funding, including one that concluded in September 2016.[2]
On 1 August 2018, the company was acquired by the Chilean retail store Falabella for USD$138 million.[3]
It was announced that Linio will be ceasing operations in Mexico for April 8, 2024 to focus on their collaboration with Soriana on their expansion of Sodimac and his target Falabella Soriana.[4][5][6]
References
[edit]- ^ Linio obtiene 55 mdd en financiamiento eleconomista.com.mx, 22 de septiembre de 2016
- ^ "Mexican E-Commerce Company Linio Raises $55 Million", Wall Street Journal, September 22, 2016
- ^ Reuters Editorial. "UPDATE 1-Chile retailer Falabella says to purchase Linio for $138 mln". IN. Retrieved 2018-08-01.
{{cite news}}:|author=has generic name (help) - ^ https://www.eluniversal.com.mx/cartera/linio-dice-adios-a-mexico-duenos-apuestan-por-tarjeta-con-soriana/?outputType=amp
- ^ https://www.milenio.com/negocios/falabella-continuara-apostando-soriana-mientras-cierra-linio-mexico
- ^ https://www.xataka.com.mx/comercio-electronico/linio-se-va-mexico-sitio-comercio-electronico-cierra-operaciones
Well, that’s interesting to know that Psilotum nudum are known as whisk ferns. Psilotum nudum is the commoner species of the two. While the P. flaccidum is a rare species and is found in the tropical islands. Both the species are usually epiphytic in habit and grow upon tree ferns. These species may also be terrestrial and grow in humus or in the crevices of the rocks.
View the detailed Guide of Psilotum nudum: Detailed Study Of Psilotum Nudum (Whisk Fern), Classification, Anatomy, Reproduction