Linio is one of the leading marketplaces in Latin America, with presence in five countries and offering more than four million products.

History

Linio began operations in 2012 in Mexico.Linio obtiene 55 mdd en financiamiento eleconomista.com.mx, 22 de septiembre de 2016

The company has been through various rounds of funding, including one that concluded in September 2016."Mexican E-Commerce Company Linio Raises $55 Million", Wall Street Journal, September 22, 2016

On August 1, 2018, the company was acquired by the Chilean retail store Falabella for USD$138 million.

It was announced that Linio would be ceasing operations in Mexico starting on April 8, 2024 to focus more on their collaboration with Soriana on their expansion of Sodimac and his target Falabella Soriana.

References