JPM, London fund invest $20 mln in Dubai e-commerce firm

DUBAI - J.P. Morgan Chase and Blakeney Management have invested over $20 million in a Dubai-based e-commerce firm which sells designer clothing, a sign that global investors are interested in the Middle East's nascent online shopping sector. namshi.com Namshi, a start-up launched late in 2011, aims to benefit from growth in the number of Internet users around the region."We realised very early that there is a gap in the market for fashion e-commerce in the region," said co-founder and managing

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