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Zozo acquires Lyst for $154 million

Apr 12, 2025

Acquiring Company

Zozo

Acquired Company

Lyst

ChibaLondonE CommerceMarketplaceFashionFashionRetail

Description

Zozo has acquired Lyst, a fashion marketplace, for $154 million in cash. Despite Lyst's previous valuation of $700 million, the acquisition reflects current challenges in the e-commerce sector. Zozo plans to continue operating Lyst as a stand-alone entity, retaining its CEO. The deal aims to expand Zozo's international presence in the fashion market.

Other recent acquisitions in E Commerce and Marketplace

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Zozo

Location

Chiba, Chiba, Japan

About

Zozo is a fashion and e-commerce business based in Japan. It owns several fashion brands and operates a prominent online marketplace. The company is known for its innovative approaches to fashion sales. Zozo aims to enhance customer experiences through technology.

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Frequently asked

Who acquired Lyst?

Lyst was acquired by Zozo, based in Chiba. The deal was reported on April 12, 2025. Zozo is a fashion and e-commerce business based in Japan. It owns several fashion brands and operates a prominent online marketplace. The company is known for its innovative approaches to fashion sales. Zozo is privately held and operates in E Commerce.

When did Zozo acquire Lyst?

Zozo's acquisition of Lyst was reported on April 12, 2025. Zozo has acquired Lyst, a fashion marketplace, for $154 million in cash. Despite Lyst's previous valuation of $700 million, the acquisition reflects current challenges in the e-commerce sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Lyst do?

Lyst is a high-end fashion marketplace that aggregates products from 27,000 brands. The company has gained popularity during the e-commerce boom and boasts a significant international presence. It is privately held, operating in Fashion, and is based in London.

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