German venture capital firm Rocket Internet and Zalando, Europe's biggest specialist online fashion retailer, are both on the brink of announcing plans to list on the Frankfurt stock exchange, several sources with knowledge of the matter said.
Tags: Rocket Internet
Just Eat to buy Rocket Internet's online food delivery businesses
Just Eat said that it has agreed to purchase Rocket Internet's businesses in Italy and Spain as well as Mexican and Brazilian arms from Foodpanda. The company believe that the acquired assets will help it to broaden its vision.
Rocket Internet cuts stakes in two lending sites: Spiegel
Rocket Internet, a tech investor focused on emerging market ventures, has reduced its stakes in two of its Europe-focused financial services start-ups after facing setbacks there, Germany's Spiegel magazine said.
Rocket Internet to launch another 10 start-ups in 2015
Rocket Internet (RKET.DE), the global e-commerce investor, expects to launch at least another 10 start-ups in 2015 and said it would work more closely with Facebook (FB.O) on advertising.
Rocket Internet prices share sale at top of range
Rocket Internet (RKET.DE), the global e-commerce investor, is selling its shares at 42.50 euros apiece, or the top of the price range, as investors flock to tap into a new wave of Internet start-up listings.
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Rocket Internet's Lamudi has received USD7 million funding from Tengelmann Ventures and other new investors left undisclosed, reported TechCrunch.
Investors which include Phenomen Ventures have given additional financing to the tune of $20 million to Rocket Internet-incubated foodpanda and its affiliate hellofood, TechCrunch reported.
PricePanda, a price comparison website, was able to get new funds from German retailer Tengelmann Group worth $3 million to expand the site to other South Asian markets, TechCrunch reported.
Germany-based incubator program Rocket Internet is planning to team up with telecom provider MTN Group to form Middle East Internet Holding (MEIH), which will invest $410 million to develop e-commerce firms in the region.
Lazada, the "Amazon of Asia" has raised USD250 million from Rocket Internet to mainstream the company's position as the largest online retailer in Southeast Asia.
German startup accelerator Rocket Internet raised USD112 million in new funding for online fashion retailers Zalora and The Iconic, making it the biggest single investment made for an e-commerce company in the Asian Pacific region.
E-commerce company Linio's USD50 million new investment would go towards company expansion. According to a VentureBeat report, e-commerce company Linio received an additional USD50 million in investment.
A Rocket Internet and iMENA Holding consortium would be marketing mobile app Easy Taxi to North Africa and the Middle East.
According to a report by Techcrunch, Prime Ventures provided a capital infusion of USD7 million to mobile games marketing platform AppLift.
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