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Chip Shot: Intel Capital Invests in Brazilian E-Commerce

Brazilian fashion e-commerce websites Coquelux and have received investments from Intel Capital. Coquelux is an online shopping club that provides exclusive access to flash events where members can purchase discounted premium and luxury labels. is a social platform in which members create customized looks from more than two million labels and share them in the social network. The two investments build out critical components of the e-commerce ecosystem in Brazil, offering opportunities to create online experiences tailored specifically to interests, needs and cultural preferences. As one of the first technology venture capital organizations in Brazil, Intel Capital long ago recognized the need to stimulate the local creation of compelling online experiences to keep pace with Brazil’s rapid technology adoption. Since 1999, Intel Capital has invested approximately $75 million across the region. Full press release here.