PricePanda Kicks Off Global Expansion in MexicoBerlin / Mexico City, 19th of November 2013 – PricePanda (www.pricepanda.com.mx), the leading price comparison website in South East Asia now starts its global expansion. First country on the list: Mexico. Being the second largest market in Latin America and offering a huge potential for economic development, it is no coincidence that Mexico is PricePanda’s first stop in Latin America.
Dafiti wins CNN Expansion AwardMexico City, November 11th, 2013. – Dafiti, the leading online fashion store for apparel, shoes, accessories, and beauty in Brazil, Mexico, Argentina, Chile and Colombia. Dafiti just won the CNN Expansion Award “Best e-business 2013” in the category “Entrepreneurship”.
PricePanda launches iOS AppNovember 8th 2013 – PricePanda, the leading price comparison website in South-East Asia, today launches its iOS app in Malaysia, Philippines, Indonesia and Singapore. Only a few weeks ago the company already introduced its app for Android. With their new app, PricePanda’s broad selection of prices and products in various categories such as Computers, Health and Beauty or Home Appliances is just a few clicks away. Now, online shopping in South East Asia becomes even easier and totally flexible.
Linio receives USD 50M investment from Latin Idea and existing blue-chip investorsMexico City, November 5th, 2013. - Linio, the leading and fastest growing e-commerce business in Latin America, today disclosed that Latin Idea, a prominent Mexico-based private equity fund, has joined the company as an investor. Existing investors – which include JP Morgan Asset Management, Investment AB Kinnevik, the Tengelmann Group, Summit Partners, and Rocket Internet – also participated in the financing round of USD 50M in fresh capital for Linio.
JUMIA LAUNCHES FTC APPARELMorocco, 29th October 2013; JUMIA, Africa’s leading online shopping destination, has announced its first in-house brand, FTC Apparel will be available online today. Designed as a capsule collection of women’s shoes, JUMIA has taken yet another step towards establishing itself at the forefront of online shopping in Africa.
Rocket Internet Extending Reach into Vehicle ClassifiedsBerlin, 28th of October 2013: Rocket Internet, the world’s largest Internet incubator, today announced its move into the Emerging Market Vehicle Classifieds space with its new venture Carmudi. www.carmudi.com is a vehicle marketplace offering sellers and buyers the ideal platform to find cars, motorcycles and commercial vehicles online.The platform has already launched operations in Mexico, Nigeria, Pakistan, Bangladesh and Myanmar, targeting almost 700 million people in all countries. Further c
Easy Taxi arrives in Hong KongHong Kong, 23nd of October 2013 - Easy Taxi, the world’s leading mobile taxi app, is now available in Hong Kong. Only a few weeks ago the company successfully introduced its service to the Philippines and Malaysia. With more than 60,000 taxi drivers in their network and 2,000,000 downloads and counting, Easy Taxi already has gained a strong presence in more than 40 cities across 15 countries.
iMENA & Rocket Internet Partner To Bring Mobile Taxi App To The Middle EastAbu Dhabi, 23rd October 2013 – Rocket Internet, the world’s largest internet incubator and iMENA Holding, the leading online investor and operator in the MENA region, announced a partnership to launch ‘Easy Taxi,’ Rocket’s mobile taxi app, in the Middle East. The partnership will see iMENA investing USD 7M into a new venture that will bring the successful app model to Middle Eastern customers, starting with Saudi Arabia, where the service went live today.
JUMIA is the first African company to win the World Retail AwardOctober 10th, 2013 - JUMIA, Nigeria’s #1 shopping destination, won “The Best Retail Launch of the Year” at the World Retail Congress in Paris yesterday. Through this distinction, JUMIA is the first African company to have won the most important retail award worldwide.
PricePanda releases mobile AppPricePanda, the leading price comparison website in South-East Asia, today launches its App in Malaysia, Philippines, Indonesia and Singapore. PricePanda’s App is available for all Android phones. With their new app, PricePanda enables their users to find the best offers for several thousand products and electronic gadgets on the go.
JUMIA partners mobile operator MobinilCairo, October 2nd, 2013 - JUMIA, Egypt’s #1 online retailer, celebrates one year anniversary and announces partnership with Mobinil, the Egyptian company for mobile services. In September 2012 JUMIA started the largest ecommerce website in the country: https://www.jumia.com.eg/ Twelve months later, the company has served over hundreds of thousands customers - shaping ecommerce in Egypt.
Phenomen Ventures leads new investment into HelloFreshBerlin, 30th of September 2013: HelloFresh, the eCommerce service which aims to give people the time, knowledge and ingredients they need to prepare delicious, home-cooked food has secured a new series C funding of USD 7.5m from Phenomen VC. Vorwerk Ventures and Holtzbrinck Ventures also participated in the round. Other existing investors include Investment AB Kinnevik and Rocket Internet. The total amount of funding for HelloFresh grew to USD 20m.
Ontario Teachers’ Pension Plan Invests USD 70 Million in Latin America’s Dafiti GroupSão Paulo, September 17, 2013 – The Dafiti Group, Latin America’s leading fashion e-commerce, today announced its largest funding worth USD 70 million from the Toronto-based Ontario Teachers’ Pension Plan (Teachers’), one of the world’s leading funds.
Hellofood Brazil takes over competitor Peixe Urbano DeliverySAO PAULO, September 16th, 2013 – Hellofood with its affiliated brand foodpanda is the largest group of online food ordering platforms worldwide: www.hellofood.com.br. After acquiring Jánamesa and MegaMenu, Hellofood performs the third acquisition in the Brazilian market with the taking over of Peixe Urbano Delivery. By doing this step Hellofood is offering access to more than 2,000 restaurants now and becomes a leading force in the online food ordering market in Brazil.
iMENA Holdings and Rocket Internet announce partnership for global online food ordering service Hellofood.com in the Middle EastiMENA Holdings, a leading regional group of consumer online businesses in the Middle East and North Africa (MENA) region, and Rocket Internet, the world’s largest Internet incubator, have announced the forging of a partnership for the online food ordering service Hellofood.com in the Middle East region. The announcement was made during a press conference held on (September 9, 2013) at the JW Marriott Marquis Dubai.
ABOUT ROCKET INTERNET
About Rocket Internet
Rocket Internet incubates and invests in Internet companies with proven business models. It provides operational support to its companies and helps them scale internationally. Rocket Internet focuses predominantly on four industry sectors of online and mobile retail and services that make up a significant share of consumer spending: Food & Groceries, Fashion, General Merchandise and Home & Living. Rocket Internet’s selected companies are active in a large number of countries around the world with more than 28,000 employees. Rocket Internet SE is listed on the Frankfurt Stock Exchange (ISIN DE000A12UKK6, RKET). For further information please visit www.rocket-internet.com.