Same-day grocery delivery startup ShopWings launches in SydneySydney, January 27th 2015 – ShopWings, the online supermarket with 2-hour delivery, launches in Sydney today. ShopWings delivers everyday products from local grocery stores straight to the customer’s doorstep. Users select their favourite shop (including ALDI, Coles and Harris Farm), pick their groceries on the website www.shopwings.com.au and the items arrive two hours after the order is placed or during a later 1-hour delivery window depending on the customer’s preference. ShopWings profes...
PLDT and Rocket Internet Agree to Create Philippines Internet GroupPLDT and the APACIG to create a joint venture with focus on online business development in the Philippines +++ New online enterprise will bundle activities of existing high-growth companies and numerous models to be launched in the coming years +++ Transaction closure planned for Q1 201
Bonativo brings the farmers’ market onlineToday marks the launch of Bonativo, the Berlin start-up bringing the farmers’ market online by delivering regional produce to Berliners. Users can choose from a range of more than 400 products that are sourced exclusively from local producers in Berlin and the surrounding area. The food products are then delivered straight to the customer’s doorstep. Bonativo gives users access to locally produced food without them having to wait for the next market day. At the same time, farmers are given ac...
Bonativo bringt den Wochenmarkt ins InternetMit Bonativo (www.bonativo.de) bringt von heute an ein Berliner Startup den Wochenmarkt ins Internet und versorgt die Berliner mit Lebensmitteln aus der Region. Über die Website können die Nutzer aus einem Sortiment von mehr als 400 Artikeln wählen, die ausschließlich von lokalen Produzenten aus Berlin und Umgebung stammen. Die Lieferung erfolgt bis vor die Haustür des Kunden. Bonativo ermöglicht Nutzern so den Zugang zu lokal produzierten Lebensmitteln, ohne vom nächsten Wochenmarkt abhängig...
Westwing Group GmbH Financing Round of EUR 25 millionWestwing Group GmbH Financing Round of EUR 25 million Berlin, Germany, 7th January 2015 – Existing shareholders of Westwing Group GmbH (“Westwing”) agreed to invest a total amount of EUR 25 million in Westwing. Based on this financing round, Westwing’s post-money valuation of EUR 353 million increases to EUR 449.2 million. Rocket Internet’s total shareholding (direct and indirect) in Westwing changes from 33.7% to 34.0% (capital increase and secondary transaction). This results in an increa...
PLDT and Rocket Internet create global Joint Venture for Mobile-First Payment Solutions with a focus on Emerging Markets// PLDT and Rocket create a global 50/50 JV for mobile-first payment services with a focus on emerging markets // JV combines key existing payment assets from both PLDT/Smart e-Money Inc. and Rocket // JV to leverage Rocket’s network of online companies in more than 100 countries and PLDT/Smart e-Money Inc.‘s pioneering mobile payments platform // Transaction planned to close in Q1 2015 //
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.
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.