The Rocket Internet-founded e-commerce group, whose investors include Tengelmann and Access Industries, could be valued at up to $2.8bn in the offering.

Global Fashion Group (GFG), the Germany-based e-commerce holding vehicle formed by e-commerce group Rocket Internet, is planning to float at a valuation of €1.8bn to €2.5bn ($2bn to $2.8bn), Manager Magazin reported yesterday. GFG operates a network of fashion-focused e-commerce platforms spanning 24 countries across Latin America (Dafiti), the Middle East (Namshi), Eastern Europe (Lamoda),…

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