Tengelmann Ventures invests millions into grocery startups ShopWings and BonativoTengelmann Ventures has become the first external investor in grocery startups ShopWings and Bonativo. Only a few months after launching in Munich and Berlin, ShopWings, the online supermarket for groceries, received a Series A funding of 12 million euros from Tengelmann Ventures, Rocket Internet and other investors. Bonativo, the online farmers’ market, also received a Series A funding of 3.2 million euros from Tengelmann Ventures and Rocket Internet.
Tengelmann Ventures investiert in Lebensmittel-Startups ShopWings und Bonativo in MillionenhöheDie Tengelmann Ventures tritt als erster externer Investor für die Lebensmittel-Startups ShopWings und Bonativo auf. Nur wenige Monate nach Geschäftsbeginn in München und Berlin, erhält ShopWings, der Online-Supermarkt für Lebensmittel, ein Series A Funding in Höhe von 12 Millionen Euro von Tengelmann Ventures, der Rocket Internet und weiteren Investoren. Bonativo, der Wochenmarkt im Internet, erhielt ebenfalls ein Series A Funding in Höhe von 3,2 Millionen Euro von Tengelmann Ventures und de...
Rocket Internet continues its global growth strategy and resolves on a capital increase of 12m new sharesRocket’s Management Board and Supervisory Board resolve on a capital increase /// Share capital will be increased from EUR 153,130,566 to up to EUR 165,140,790 by issuing up to 12,010,224 new no-par value ordinary bearer shares /// Private placement between February 12, 2015 and February 13, 2015 with number of shares to be issued and placement price expected to be announced on February 13, 2015 /// Existing investors Baillie Gifford and United Internet have already confirmed their participat...
London startup Bonativo launches online Farmers’ MarketBonativo (www.bonativo.co.uk) brings the farmers’ market online and provides Londoners with fruit, vegetables and other locally produced foods. On the website users can select from a range of over 500 products, which are exclusively sourced from local farmers and foodmakers in London and the surrounding countryside. 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 access to a much larger customer base...
Rocket Internet further strengthens its new Global Online Takeaway Group with strategic investment in the attractive Middle East online food takeaway marketRocket Internet announces the signing of the acquisition of 100% of Middle East online food takeaway market leader Talabat.com /// foodpanda announces the signing of the acquisition of 24h in the United Arab Emirates /// Rocket Internet increases the reach of its newly created Global Online Takeaway Group and becomes frontrunner in the attractive online food takeaway sector
nestpick poursuit son expansion en AllemagneBerlin, le 10 Février 2015 - nestpick, la plate-forme en ligne sécurisée de location de logement de moyen et long terme, se lance aujourd'hui en Allemagne. La startup berlinoise offre une solution adaptée aux jeunes de la génération internet sur un marché qui n’a pas su prendre le rythme de la révolution numérique. nestpick a été créé en mai 2014 par l’allemand Fabian Dudek et est soutenu par Rocket Internet, principal investisseur depuis décembre. Face à son succès incontestable aux Pays-B...
nestpick to launch in Germany in continued expansionnestpick (www.nestpick.com), the online platform for verified rental booking for mid and long term accommodation, launches in Germany today. The Berlin-based startup offers a solution for younger generations who require a 21st century solution to a market that has failed to keep pace in the internet age.
Rocket Internet’s foodpanda übernimmt 7 Wettbewerber in Asien• In Indien, Akquisition von JUST EAT Indien, und baut die Marktführerschaft in dem größten Essenslieferdienst-Markt aus, nach der Übernahme von TastyKhana im November 2014 • In Malaysia und Singapur, Akquisition von Room Service, eine Food Runner Marke • In den Philippinen, Akquisition von City Delivery, auch eine Food Runner Marke • In Pakistan, Akquisition von EatOye • In Hong Kong, Akquisition von Koziness • In Thailand, Partnerschaft mit Food by Phone
foodpanda acquires competitors in 7 Asian markets• In India, acquisition of JUST EAT India, expanding leadership in biggest food delivery market after acquiring TastyKhana in November • In Malaysia and Singapore, acquisition of Room Service, a brand of Food Runner • In Philippines, acquisition of City Delivery, also brand of Food Runner • In Pakistan, acquisition of EatOye • In Hong Kong, acquisition of Koziness • In Thailand, partnership with Food By Phone
Rocket Internet creates Global Online Takeaway Group combining its stake in foodpanda and newly acquired stake in Delivery Hero as well as La Nevera Roja and PizzaboRocket Internet identifies Food and Groceries as the next frontier of e-commerce /// Rocket Internet creates Global Online Takeaway Group combining its stake in foodpanda and the newly acquired stake in Delivery Hero as well as La Nevera Roja and Pizzabo /// Single largest investment of EUR 130 million in HelloFresh, market leader in subscription based grocery e-commerce increasing Rocket ownership to 52% /// Increase in ownership to a majority position in 2 out of 8 Proven Winners /// ...
HelloFresh GmbH Financing Round of EUR 110.0 million; Rocket Internet becomes majority investorExisting shareholders of HelloFresh GmbH agreed to invest a total amount of EUR 110.0 million in HelloFresh /// Rocket Internet AG participates with an amount of EUR 100.0 million /// This results in an increase in the last portfolio value of Rocket Internet’s stake in HelloFresh by EUR 273.3 million.
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.