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Design

Prime Ventures invests USD10 million in MarkaVIP

MarkaVIP, an online fashion retailer based in Jordan which specializes in discounted clothing, has attracted US$10 million investment from ("series B" investment) in a deal led by the European venture firm Prime Ventures. "It's a $10m, series B round. The money is in the bank," said Mr Al Khatib, who launched MarkaVIP in November 2010. The...

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