Shares in the German e-commerce company Rocket Internet fell 14% after its main investor sold half its stake as the two firms have been increasingly becoming competitors. Sweden’s Kinnevik, which clashed with Rocket last year over the valuations of some of their joint investments, sold a 6.6% stake in Rocket […]
Germany
The German coalition government announced that from next year it will introduce legislation imposing on social networking sites fines for publishing false information in them. The fine’s value may reach even 500 000 euros. Announcement of the new regulations appeared in the commentary of Thomas Oppermann, the head of the […]
In its history this startup gathered $ 318 million, including $ 100 million from Goldman Sachs. On the other hand Delivery Hero, which bought Foodpanda shares from Rocket Internet, earned a total of $ 1.33 billion. Another consolidation on the market of on-line food ordering, during which a larger giant […]
The company, formerly known as Number26, now offers accounts in 17 European countries. Bank-based mobile application extends its services to Belgium, Estonia, Finland, Latvia, Lithuania, Luxembourg, Netherlands, Portugal and Slovenia. Like the Atom Bank in the UK and GoBank in the United States, N26 is a fully mobile bank. Opening […]
In 2020 Netflix wants to have 104 million users in markets outside the United States. In Poland, the service may be launched in the first quarter of 2015. After 7 years from the start in a particular country, Netflix will be present there in every third home – such an […]