[company_age]18.0[/company_age][employees]501-1000 employees[/employees][funding]private_equity[/funding][description]Privalia is a leading online fashion outlet in Europe and Latin America, offering its members access to top brands at discounts of up to 70%. Founded in 2006, the company operates in Spain, Italy, Brazil, and Mexico, boasting over 32 million members. Privalia's unique selling proposition lies in its flash sales model, where limited quantities of designer products are offered for a short period, creating a sense of urgency and exclusivity. This approach has propelled Privalia to become a major player in the e-commerce landscape, particularly within the fashion segment.[/description][ps]Online fashion outlet offering designer brands at discounts of up to 70%.[/ps]