An investment fund, Alven Capital, has injected 2.5 million Swiss francs (€2.0m-$2.7m) into what is described as the leading e-commerce site for footwear in Switzerland, koala.ch. Set up one year ago by two former officials of eBay, Valentin Cogels and Matthias Fröhlicher, koala.ch has attracted more than 600,000 visits in less than one year. It was expecting sales of more than CHF 1 million (€817,700-$1.1m) for its first full year of operation. The range has been expanded, and the web shop now offers nearly 800 styles by some 60 brands.

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