Home-shopping television operator and e-commerce retailer Naaptol has raised ?3.43 billion (US$51 million) through a new round of funding from Japanese conglomerate Mitsui & Co.
The latest round of equity financing comes less than seven months after Naaptol raised ?1.36 billion in an earlier round led by Mitsui in April 2015. The new funding brings Mitsui’s stake in Naaptol to 20%.
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