Super incubator Rocket Internet entered the hotel business with the launch of Jovago, a hotel booking site based in Nigeria.
With more mobile phones than people, Latin America presents a significant and untapped opportunity for mobile commerce.
Sometimes you just have to celebrate.
Rocket Internet, love it or hate it, isn’t going anywhere and it has raised another $500 million in fresh capital.
Rocket Internet continues on its quest for world domination of e-commerce. The Iconic is the leading online fashion retailer in Australia, and wants to stay that way.
Guest Post Rocket Internet is portrayed as a “clone factory.” But Rocket wants to be the best at execution; hence, it innovates on the execution model rather than innovating on product.
Rocket Internet-backed Easy Taxi takes new funding to fuel international growth and gain marketshare before British competitor Hailo.
Malaysian e-commerce startup Lazada, founded by the Samwer brothers’ Rocket Internet, has raised $100 million in new funding to become a substantial online shopping player in Southeast Asia.
Hot Russian e-commerce startup Lamoda has raised an insane $130 million in funding.
It is indeed an honor when a year-old startup with two or three million dollars in annualized revenue scores a $100 million investment. An unusual honor, as well. But there’s method behind the madness.
Rocket Internet announced Namshi, its Middle Eastern online fashion retailer, has raised $13 million led by Summit Partners to sustain growth.
Foodpanda has raised $20 million to continue expanding its delivery service in emerging markets around the globe.
Guest Post We interview Oliver Samwer, the controversial cofounder of Rocket Internet.
Rocket Internet chief Oliver Samwer, his brother Marc, and former Delivery Hero co-CEO Fabian Siegel are teaming up to start Global Founders Capital: a new €150 million ($194 million) fund for high-potential Internet businesses.
E-commerce retailer Jumia takes investment to fuel its growth into new African markets.
Point Nine Capital closed its second fund, dedicated to supporting and nurturing European startups.
The Internet is abuzz with rumors, stemming from Brazilian-based blogger Thomas Baldwin, that startup accelerator Rocket Internet is preparing for an IPO.
European payments startup Paymill raises double digits round for to faciliate credit card transactions.
Monthly beauty subscription service Glossybox announces shipping its 2 millionth box and receiving $72.4 million in investment.
Asia’s answer to Amazon has raised a new $26 million in funding round by Germany’s Summit Parters.
Lazada, active in Indonesia, Malaysia, the Philippines, Thailand, and Vietnam, and described by tech press at launch as an “Amazon clone in Asia”, recently added fashion to its repertoire of consumer electronics, household goods, toys, and sports equipment.
Oliver Samwer is the German Internet mogul and multi-millionaire owner of startup incubator Rocket Internet, best known for his agressive cloning tactics and bullish management strategies.
U.S. financial firm JP Morgan is continuing to buy up stakes in select Rocket Internet online fashion retailers – first in Europe (Zalando), then in Brazil (Dafiti) and now in Russia, with Rocket’s Lamoda today announcing a cash-for-equity deal, terms undisclosed.
Payleven, the Square clone backed by the Samwer brothers’ Rocket Internet and formerly known as ZenPay and EvoPay, has moved extremely fast since starting up about four months ago.