Oliver Jung’s Global Shopping Club Empire

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Brands4Friends Goes the World: It feels almost like there aren’t any more countries where B4F founding investor Oliver Jung and his cohorts haven’t got a shopping club investment stake.

A few days ago an announcement came by email which mentions for the first time publicly the “global shopping club alliance”:

“Australia’s leading by invitation only shopping club, brandsExclusive, announced it has raised substantial Series A funding from Trayas.

Trayas is led by Klaus Hommels and Oliver Jung, who are also invested in a number of leading overseas shopping clubs including Turkish Markafoni.com, the Brasilian Brandsclub.com.br, the Swiss Fashionfriends.ch and the Indian FashionandYou.com.

“The global shopping club alliance, which has a combined membership of several million online shoppers worldwide, creates an amazing opportunity for Australian brands to reach a wider international audience, and for the Australian consumer to access more brands and even greater deals.” Says co-founder Daniel Jarosch.”

Besides the known 9% of Brands4Friends that Oliver Jung holds, he also has a stake in Russian KupiVIP (which recently raised $20 million in funding), as well as the Canadian Beyond The Rack, who announced their financing round at the end of January.

www.warren-knight.com thanks www.optaros.com


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