Clik here to view.
Rocket Internet’s rumoured IPO – would it be madness or genius?
The internet is abuzz with rumours, stemming from Brazilian-based blogger Thomas Baldwin, that Rocket Internet is preparing for an IPO. Baldwin, writing in his blog Tropical Considerations, claims...
View ArticleClik here to view.
Zalando, Xing, Rocket, Groupon, Project A – the secret employee reviews of 5...
Vienna-based employer assessment tool Kununu hit the headlines this week thanks to a multi-million acquisition by Xing. Similar to the US site Glassdoor, Kununu allows users to anonymously review...
View ArticleClik here to view.
Rocket Internet rolls out eBay copycats in Nigeria, Pakistan
Rocket Internet is returning to its roots with Kaymu and Azmalo, two eBay-like portals officially launched in Nigeria and Pakistan last week. The two sites are similar in design to eBay and almost...
View ArticleClik here to view.
British Princesses to grace Berlin startups Zalando and Soundcloud
Tomorrow will see royalty arrive in Germany – with Princess Eugenie and Princess Beatrice setting off on their 12 month so-called “GREAT Britain MINI tour” across the country. First stop: Berlin and,...
View ArticleClik here to view.
Image gallery – Princesses Eugenie and Beatrice visit Zalando and Berlin...
Yesterday, British Princesses Eugenie and Beatrice spent the first day of their German promo tour checking out Berlin startups Zalando, payango, Bigpoint and SoundCloud. The princesses are on their...
View ArticleClik here to view.
Zalando founders discuss €1bn revenue, return rates, IPO rumours
Rocket Internet’s eCommerce giant Zalando, with revenues now tipping over €1bn, is now almost on a par with the business it originally cloned – Zappos. The founders of Zalando, David Schneider, Robert...
View ArticleClik here to view.
Zalando doubles sales to €1bn, breaks even for the first time in home region
Rocket Internet’s online fashion retailer Zalando doubled its sales to €1 billion last year – and, while the Berlin-headquartered company still made a loss overall, it managed to break even for the...
View ArticleClik here to view.
Russian online retailing giant KupiVIP looking to raise $125m in 2014 IPO
Russian e-commerce giant KupiVIP is looking to raise $125m in an initial public offering next year to finance warehouse construction and expand its distribution network. The company has already had...
View ArticleClik here to view.
Zalando brings out new own-fashion brand Kiomi
Rocket Internet-backed online fashion retailer Zalando is launching another, independent brand of its own – Kiomi. Zalando, while still making a loss overall, broke even last year for the first time...
View ArticleClik here to view.
Rocket Internet’s “Asian Zalando” Zalora nets €20m from Tengelmann Group
Rocket Internet’s online fashion mega mall in Asia Zalora has received €20m in investment funding from German retail giant Tengelmann Group. Often compared to US pioneer Zappos, Zalora – launched by...
View ArticleClik here to view.
How much have Swedes Kinnevik invested in Rocket Internet to date? €1.1b and...
Judging by their 2012 annual report, Swedish investment company AB Kinnevik‘s holdings in the portfolio of Berlin-based venture builder Rocket Internet are becoming more and more important… In the past...
View ArticleClik here to view.
Rocket Internet’s huge ambitions: to “take down” Ikea
Rocket Internet’s Samwer Brothers have claimed that they want to “take down” Ikea and dwarf H&M in a controversial leaked document intended for investors. It’s a well-known fact that the Samwer...
View ArticleClik here to view.
VIDEO: Sequoia Capital partner Alfred Lin on Zappos, Zalando and solving hard...
“Alfred Lin has the Midas touch,” TechCrunch founder Mike Arrington wrote in 2009. “Every company he’s worked for has been acquired, and the smallest deal was $265m.” Foremost amongst those golden...
View ArticleClik here to view.
Rocket Internet’s Namshi gets $13m funding boost from Summit Partners
Rocket Internet-backed online fashion site Namshi has raised $13m from US growth equity company Summit Partners. The investment will be used to scale operations and establish the company in the Middle...
View ArticleClik here to view.
Rocket Internet’s Zalora bags $100m from Summit, Kinnevik and others
Big news from camp Rocket – Zalora (the Berlin-based company builder’s South-East Asian Zalando clone) has received $100m from Summit Partners, Investment AB Kinnevik, Verlinvest and Tengelmann Group....
View ArticleClik here to view.
Zalando’s logistics staff get wage rise – but still receive less than at Amazon
After Amazon Germany’s logistic centre staff went on strike earlier this week in a dispute over too-low wages, Zalando has announced its factory workers will receive a modest boost in pay rates....
View ArticleClik here to view.
Amazon Germany workers stage third strike over too-low wages
Unhappy Amazon Germany workers are today holding their third one-day strike this year, protesting for better pay and more benefits. The strike is being organised by union Verdi, with staff from...
View ArticleClik here to view.
Rocket Internet’s Lamoda receives “record-breaking”€130m to push eCommerce in...
Lamoda – Rocket Internet’s online fashion retailer in Russia and a sister company to Zalando – has announced a $130m funding round lead by Access Industries with Summit Partners and Tengelmann also...
View ArticleClik here to view.
Rocket Internet’s Australian eCommerce site The Iconic receives AU$28m funding
Rocket Internet’s Australian online retail platform The Iconic has announced a AU$28m (around €19.8m) funding led by Verlinvest. Existing investors AB Kinnevik (Rocket’s biggest investor) and Summit...
View ArticleClik here to view.
Rocket Internet reveals ambitions: new $500m funding and 200-250 companies by...
Was there ever any doubt? The Rocket Internet empire is built on Oliver Samwer’s ability to win over investors – and today, the Berlin-headquartered company builder revealed it had raised $500m from...
View Article