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Germany-based Brands4friends, an online shopping club for fashion and lifestyle raised over €10 million in third-round funding recently. The round was led by Partech International, joined by Mangrove Capital Partners and Holtzbrinck Ventures. Brands4friends has seem the largest growth of financings in European e-commerce in 2008, as its membership seems to be growing with more than 1.2 million already in 15 months. The company will be using this funding to further expand its market leadership in Germany as well as internationally.

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