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Cisneros Group Invests in Rocket Internet Outfit

MIAMI: The Cisneros Group of Companies has made an initial investment of $10 million in Mobly, a leading home-furnishing webstore in Brazil that is part of the Rocket Internet corporate portfolio. The total investment, made through Cisneros Interactive Group, could top $20 million in a year. Mobly launched in Brazil just about 18 months ago …

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