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Rocket Internet’s Payleven goes after “private user” market in the UK
Rocket Internet’s mobile payments company Payleven is opening up its chip-and-PIN device to private users in the UK, in a bid to capture individuals as well as larger businesses. Like other mobile payments services in Europe,
Read More »How much have Swedes Kinnevik invested in Rocket Internet to date? €1.1b and counting
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 few years, Kinnevik’s investments in
Read More »Rocket Internet’s HelloFresh teams up with dieting app Noom
HelloFresh, Rocket Internet’s recipe and ingredient delivery service, has partnered with weight-loss coaching app Noom to provide dieters with nutritionally controlled meals they can prepare themselves. New York-based Noom (which ironically reminds our team
Read More »Rocket Internet’s Linio raises €25m from Colombian beer barons
Rocket Internet’s Latin America Amazon Linio is continuing its fundraising run, with “up to €25m” from Colombia’s family-owned Santo Domingo Group. The news follows €20m from Summit Partners and an “eight-digit euro” sum from the Tengelmann Group,
Read More »Global Founders Capital and Rocket Internet: healthy distance or too close for comfort?
Following news last week of Oliver Samwer, Marc Samwer and Fabian Siegel’s new €150m VC fund, we take a closer look at the opportunities and challenges ahead: In Rocket Internet’s Berlin HQ reception, there’s
Read More »Rocket Internet’s Foodpanda eats up Hungarian food delivery site Ételvitel
Today Rocket Internet-operated Foodpanda has announced its takeover of Hungarian food delivery site Ételvitel KFT. The acquisition shows Foodpanda’s aggressive expansion in emerging markets is continuing at speed. Ételvitel KFT has reportedly over 200 partner restaurants
Read More »Rocket Internet rolls out real estate portal Vamido in Nigeria
Rocket Internet is strengthening its presence in Nigeria with the launch of real estate portal Vamido. The website’s domain is owned by the incubator’s holding company AIH (Africa Internet Holding), which is partially owned
Read More »Global Founders Capital: new €150m VC fund from Rocket Internet’s Samwer brothers
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 €150m fund for high-potential internet businesses. Global Founders Capital,
Read More »Forget Brazil – Mexico and Colombia are the new eCommerce frontiers
Instead of starting work on an “Airbnb for cats” or looking longingly at the US market, why not look to the vast, vibrant markets emerging further south? Jeremy Wilson explains why Mexico and Colombia
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