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Latest News on Rocket Internet
Showing of 0 - 10 from 14 results
Rocket Internet - Total results - 14
May 30, 2018
Germany's Rocket Internet is looking at investing $3 billion in financial technology and artificial intelligenceRocket Internet, which had a shaky start in 2014 as its start-ups made big losses, saw its share price jump last year.
Dec 20, 2017
Ola buying Foodpanda’s India business comes as a big relief for German tech incubator Rocket InternetWith the declaration, the domestic ride-haling company Ola is trying to re-enter the online food delivery segment
Oct 13, 2017
MobiKwik appointments new business head; aims at $500 billion in digital payments by 2020"I am excited to join MobiKwik Payment Gateway at a time when mobile digital payments are at an inflection point," said Rukaiya Rangwala.
Jun 07, 2017
German food takeaway firm Delivery Hero prepares to issue shares worth 450 million eurosDelivery Hero has grown rapidly and now employs over 6,000 people, providing a digital platform to order meals from 150,000 restaurants in 40 countries.
May 10, 2017
European Commission is working on a initiative to tackle unfair practices by tech companies like Google and AppleThe Commission said that initial findings of an investigation launched last year showed platforms were delisting products or services without due notice
Jun 19, 2016
Foodpanda automates order flow, eyes profits in next 3 yearsOnline food ordering platform Foodpanda, which was under fire for laying off over 300 employees earlier this year, has implemented a near complete automation of its order flow to become more operationally efficient with lower staff levels, a top company executive said.
May 02, 2016
Jabong parent gets 300 million euro funding from Rocket InternetThe parent company of online portal Jabong, Global Fashion Group (GFG), has secured funding of 300 million euro from Rocket Internet, a company statement said.
Apr 14, 2016
Rocket Internet says making progress to limit lossesGerman ecommerce firm Rocket Internet said it was on track to make three of its start-ups profitable by the end of 2017 as it reported revenue rose 69 percent in 2015 to 2.4 billion euros ($2.70 billion).
Apr 13, 2016
Alibaba buys control of Lazada in $1 billion bet on SE Asia e-commerceAlibaba Group Holding Ltd has agreed to buy a controlling stake in Southeast Asian online retailer Lazada Group for about $1 billion, its biggest deal overseas, as the Chinese ecommerce giant seeks fertile new turf while growth slows at home.
Apr 07, 2016
Kishore Biyani-led Future Group buys online furniture store FabFurnishRetail giant Future Group has confirmed acquisition of online furniture store FabFurnish. This is the first online acquisition that the Kishore Biyani-led group has made.