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Zappos Clone Zalando Files $657M IPO

Zalando, a Zappos-style European fashion portal with 13.5 million active customers is spelling out its IPO intentions. The German company will list in Frankfurt sometime this year selling between 10% and 11% of its shares to raise around $657 million. http://techcrunch.com/2014/09/03/zappos-clone-zalando-to-file-for-657m-ipo-in-frankfurt-in-2014/ #tech

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