Global Fashion Group, owned by Rocket Internet, has announced a strategic partnership with Emaar Malls, which have some of the biggest shopping malls like Dubai Mall in the region and owned by property developer Emaar Properties. Emaar Malls will acquire a 51% stake in Namshi, the leading online fashion retailer in […]
rocket internet
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 […]
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 […]
One of the leading global online food delivery services Foodpanda, according to Serbian startup blog Start-it, acquired leading Serbian online food service delivery company Donesi.com. As stated on their company site, Foodpanda is present in over 35 countries in the world, and also part of the well-known Rocket Internet company […]