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The top 10 biggest investors in Rocket Internet
It’s well known that the Samwers, the brothers behind Berlin-based company builder Rocket Internet, have no trouble attracting large investments in their portfolio companies – particularly in their mainstay eCommerce firms. Now, Manager Magazine has
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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,
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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 »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,
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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 in core region
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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 first time
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Tengelmann Group invests millions in Rocket Internet’s Linio
Linio, Rocket Internet’s Amazon copycat in Latin America, today announced an ”eight digit euro” investment from German retail giant Tengelmann. The deal follows Tengelmann’s investment of a similar sum into Lazada, Linio’s sister company in Asia. Both
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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 identical to
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Zalando, Xing, Rocket, Groupon, Project A – the secret employee reviews of 5 notable German companies
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 employers on various factors such as work
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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 sources at management level have confirmed the Samwer brothers’
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