Home24 GmbH Financing Round of EUR 15.9 millionExisting and new shareholders invest EUR 15.9 million in Home24 through capital increase and purchase of existing treasury shares /// Rocket Internet participates with EUR 10.0 million /// Home24’s post-money valuation increases to EUR 814.8 million /// LPV of Rocket Internet’s stake in Home24 increases to EUR 406.0 million
foodpanda group announces series of acquisitions in Europe+++foodpanda acquires Donesi.com in Serbia, Montenegro, and Bosnia & Herzegovina, Pauza.hr in Croatia and Netpincer in Hungary +++foodpanda establishes itself as market leader in each of these countries and targets market leadership across Eastern Europe
nestpick revolutionises the rental market for a new generationnestpick, the online platform for verified rental booking, launches in the United Kingdom, France, Italy and Spain today. The Berlin-based startup enables the younger generation to rent or let mid-term accommodation securely, quickly and conveniently.
Cleaning platform Helpling receives USD 17M in fundingHelpling, the most widely-available online platform for on-demand home services, has secured US$ 17M in Series A funding. The group of investors includes among others Mangrove Capital Partners, Phenomen Ventures, as well as Point Nine Capital and Lukasz Gadowski.
Lazada Group secures EUR 200 million of funding from Temasek, Rocket Internet, Kinnevik, Verlinvest and other existing investors• Lazada valued at EUR1 billion post this investment round • Lazada continues its strong growth with GMV approximately doubling since June 2014 • Lazada’s marketplace platform is a key driver of overall growth
Africa eCommerce Holding GmbH Financing Round of EUR 120 millionExisting shareholders of Jumia invest EUR 120.0 million in the company // Africa Internet Group participates with EUR 108.3 million // Remaining EUR 11.7 million provided by other existing shareholders // Jumia’s post-money valuation increases from EUR 212.5 million to EUR 445.0 million
PricePanda strengthened with new strategy for future expansionPricePanda, the leading price comparison website in Southeast Asia (SEA), has announced changes to its management and strategy. The current developments demonstrate a high commitment to the SEA region as one of the most promising emerging markets today, as well as a renewed effort to establish the brand in other promising Asian and Latin American markets.
ShopWings takes off in BerlinToday, same-day grocery delivery service ShopWings (www.shopwings.de) begins operations in Berlin. After launching in Munich this October, ShopWings takes on its second major city within the first month of operations. With its rapid expansion, the company is becoming a driving force in the emerging online grocery shopping industry in Germany. ShopWings delivers products from local grocery stores straight to the customer within two hours of an order being placed on its website. In Berlin, Shop...
Die Hauptstadt steht nicht mehr SchlangeAb sofort bietet ShopWings (www.shopwings.de), Rocket Internets Online-Supermarkt, seinen Service in Berlin an. Nach dem Beginn in München im vergangenen Oktober startet das Unternehmen binnen eines Monats in der zweiten deutschen Metropole und treibt somit die Entwicklung des Online-Lebensmittelhandels in Deutschland weiter voran. ShopWings ermöglicht seinen Nutzern, Supermarktprodukte online auszuwählen und für eine Liefergebühr von 4,90 Euro innerhalb von zwei Stunden direkt vor die Haust...
foodpanda and Delivery Hero close multiple acquisition-deals+++ foodpanda acquires Delivery Hero’s TastyKhana in India and fosters its leading position in one of the biggest food delivery markets worldwide +++ foodpanda acquires Delivery Hero’s Mexican business of PedidosYa, as well as SeMeAntoja and Superantojo, targeting leadership in the Mexican market +++ Delivery Hero acquires hellofood businesses in Argentina, Chile, Colombia, Ecuador and Peru, strengthening its position as a market leader in Latin America
H1 2014 RESULTS AND BUSINESS UPDATEStrong top line growth of 104% in GMV and margin improvement for Proven Winners /// Rocket Internet’s performance on track and in line with expectations /// foodpanda grew into the Proven Winners category /// “Travel” is a new attractive focus sector for Rocket Internet with TravelBird and Traveloka added to Emerging Stars /// 7 ventures launched YTD and 3 more models in preparation /// Continued investment in the Rocket Platform to support growth and expansion of network of companies; i...
Tripda, a Global Ride-Sharing Community, Makes its U.S. DebutOnline ride-sharing marketplace Tripda (www.tripda.com), which connects people who need rides with drivers who have empty car seats on long trips, will be making its U.S. beta launch this month. Debuting just ahead of the busy Thanksgiving travel week, Tripda will provide service in the very heavy Northeast and Midwest travel markets, and broadly in other cities early next year.
Laundry app ZipJet set to clean up busy LondonersZipJet www.zipjet.co.uk, Rocket Internet’s new laundry service, launches in London today. The new startup finally liberates Londoners from the tedious task of laundry. With jet speed, our pilots pick up your dirty clothing whenever and wherever you like and return them fresh and clean within 24 hours. The company is the third service-startup of Rocket Internet that has been launched in the last four months in London.
ABOUT ROCKET INTERNET
Rocket's mission is to become the world’s largest Internet platform outside of the United States and China. Rocket identifies and builds proven Internet business models and transfers them to new, underserved or untapped markets where it seeks to scale them into market leading online companies. Rocket is focused on proven online business models that satisfy basic consumer needs across three sectors: eCommerce, marketplaces and financial technology. Rocket was founded in 2007 and now has more than 25,000 employees across its network of companies, which operate in more than 100 countries on five continents.
Our e-commerce companies include retail companies in the areas of fashion, general merchandise, home and living, office supplies and food and groceries. Our marketplace companies seek to displace traditional supply chains by creating venues where buyers and sellers can transact directly, and include real estate and car online classifieds, travel and transport, and food delivery companies. Our third sector, financial technology, includes companies that focus on bringing together borrowers and lenders in regions and segments that are underserved by traditional banks, particularly in the consumer and small and medium-sized enterprise segments, and on facilitating payments.
As part of our global strategy, we have created regional Internet groups in Africa, Asia Pacific, Latin America and the Middle East in order to bundle local market and business model insights, facilitate regional commercial, strategic and investment partnerships, in particular with mobile telecommunication providers, enable local recruiting and sourcing and accelerate the regional rollout of our companies. We have developed proprietary technology where we believe it provides our companies with a competitive advantage. Our proprietary technology is highly flexible and scalable and provides our companies with significant cost and speed advantages, particularly during their initial rapid launch and rollout processes.
Our platform has enabled us to build a large, global network of companies and has historically put us in a position to launch more than 10 new companies every year through application of a standardized business model identification and development process. Every new company that we start accelerates the virtuous circle of synergy creation among our companies. The larger the size of our network of companies, the more significant our opportunity is to benefit from synergies and network effects with respect to our suppliers, solution providers, customers and employees.