Remgro
Millennia Park 16 Stellentia Avenue, Stellenbosch, 7600, South Africa
Overview
Originally established in the 1940s by the late Dr Anton Rupert as a tobacco manufacturer, Remgro’s investment portfolio currently includes more than 30 investee companies. The Company is listed on the Johannesburg Securities Exchange (JSE ) operated by the JSE Limited in South Africa under the "Industrials – Diversified Industrials" sector, with the share code "REM ".
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Finance
Investment portfolio
- Lashou.com
Participated · Series C · Apr 2011
Lashou.com is a China-based group-purchasing website that launched daily-deal offerings across several categories. Formally launched in March 2010 in Beijing, it has grown to be one of the largest group-purchasing sites in China. Early product offerings included "Many Groups Per Day", "Lunch Killer Deals by the Seconds", and "Hotel Channels". The company completed a $110M Series C, bringing total capital raised to $166M. Founder and CEO Bo Wu said the new capital will be used to establish and expand call centers, improve the logistics system, and increase customer experience and satisfaction. The company is focusing on scaling operations and customer service to support growth in its marketplace.
Team
No current team members are available.