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Submarino is an online retailer in Brazil selling electronics, fashion, beauty products, and home appliances.
Founded in 1999 in Sao Paulo, Brazil, Submarino operated an online retail platform for consumers and businesses and is now known as Americanas. Its offerings included electronics, fashion, beauty products, and home appliances, with sales through its own platform and third-party sellers. The company went public in March 2005, raising USD 175 mn. TH Lee Putnam Ventures and GP Investments exited through a secondary offering in April 2006.
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