Africa Internet Group, parent of Jumia, the leading ecommerce platform in Africa, secures over € 300M of funding from MTN, Rocket Internet, AXA and Goldman SachsAfrica Internet Group (“AIG”), the parent of Jumia, the leading ecommerce platform in Africa, has secured more than Euro 300 million in funding from new and existing investors, including the previously announced funding commitment from AXA, a worldwide leader in insurance and asset management. This new round of investment is led by existing investors including MTN and Rocket Internet as well as a new investor, Goldman Sachs. The funds will significantly strengthen the balance sheet of AIG ena...
Rocket Internet Decided to Use Up To EUR 150 Million for the Buyback of Convertible BondsThe Management Board of Rocket Internet SE ("Rocket Internet" or the "Company") decided to spend up to EUR 150 million on a program to repurchase senior unsecured convertible bonds due 2022 issued by the Company (ISIN DE000A161KH4) during 2016. Repurchases of convertible bonds under the program may commence immediately. Repurchased convertible bonds will be held by the Company or cancelled. The Company’s Supervisory Board approved the repurchase program.
Jumia and AXA partner to provide insurance products and services to African customersAfrica Internet Group (“AIG”), a leading e-commerce group in Africa, and AXA, a worldwide leader in insurance and asset management, today announced a partnership whereby AXA will become the exclusive provider of insurance products and services through Jumia and other AIG online and mobile platforms in Africa.
Online lending platform Spotcap raises EUR 31.5M in fundingSpotcap raises EUR 31.5 million in funding // Finstar Financial Group becomes new shareholder and strategic partner // Previous investor Holtzbrinck Ventures participates in financing round // Spotcap uses the funding to accelerate its global growth
Erster Abschluss des Rocket Internet Capital Partners Fund• Erster Abschluss des Rocket Internet Capital Partners Fund – Wachstumskapitalfonds mit 420 Millionen US-Dollar („First Close“) und einem Beitrag von Rocket Internet in Höhe von 50 Millionen US-Dollar • Fonds optimiert Kapitalbeschaffungsprozess der Portfoliounternehmen von Rocket Internet • Fonds ermöglicht den Rocket Internet Beteiligungen schnellere Finanzierung von Wachstumsmöglichkeiten und erhöht den Shareholder Value
9 Months 2015 Proven Winners Results Update• Rocket Internet’s Proven Winners with continued strong performance • Weighted top line growth of 120% in net revenues/GMV and further margin improvement for Proven Winners in the first 9 months 2015 vs. first 9 months 2014 • LPV at EUR 6.1bn • Appointment of Prof. Dr. Marcus Englert as Chairman of the Supervisory Board
CupoNation secures EUR 10m in Series B financing roundCUPONATION, a leading operator of digital destination platforms for offering the best in discounts & bargains across retail around the globe, just secured EUR 10m in a Series B financing round. The funding comes from Rocket Internet, Holtzbrinck Ventures, New Enterprise Associates (NEA), e.ventures, ru-Net, Deutsche Telekom Strategic Investments (DTSI), Silicon Valley Bank and Columbia Lake Partners.
Rocket Internet launches innovative hotel network ZenRooms across AsiaRocket Internet and Ooredoo-backed APACIG today announced the official launch of its latest venture, budget hotel network ZenRooms across South East Asia. ZenRooms aims to revolutionize the attractive but fragmented travel hotel accommodation market in the region by offering rooms starting as low as IDR 123,000. Launching with 250 properties in 8 cities across Indonesia, Thailand, Singapore, the company plans to quickly expand to other cities and countries. Building Asia’s leading budge...
Rocket expects up to 400% sales increase for frontier markets during Black FridayMassive sales, great offers and special deals: Rocket companies continue to establish Black Friday in emerging markets making the phenomenon accessible for millions of people across the globe. From Dafiti in South America to Daraz in Pakistan and Jabong in India, this year’s Black Friday is going to be a truly global - and online - event.
Rocket Internets Flüchtlings-Jobplattform everjobs.de kooperiert mit Kiron Open Higher EducationDie Jobplattform everjobs.de hat eine Kooperation mit der Studenteninitiative Kiron Open Higher Education geschlossen. Beide Projekte bieten gemeinnützige Hilfe für geflüchtete Menschen in Deutschland. Die Kooperation besteht vor allem in einer gemeinsamen Ansprache der Flüchtlinge und einer gegenseitigen Vernetzung vom akademischen Bereich hin zum Arbeitsmarkt.
NOAH 2015 to be fueled by Rocket Internet’s CATERWINGSOliver Samwer, CEO and founder of Rocket Internet, will today be attending the NOAH Conference 2015, as it kicks off in London. A long list of Rocket Internet startups will take part in the two-day conference, including CATERWINGS, which will be catering at the event.
Rocket Internet launches mobile classifieds platform in Pakistan: SparklistThe new mobile classifieds app, Sparklist, revolutionises the online shopping experience for second hand goods. Sparklist connects the most relevant buyers to the most relevant sellers through proximity sensitive listings, eliminating the nuisance of lengthy commute times. Not only does this model enhance social cohesion, it also keeps the wealth of any given community, within the community.
Rocket Internet Tochter HelloFresh plant BörsengangDie HelloFresh GmbH (umzuwandeln in die HelloFresh AG und gemeinsam mit ihren Tochtergesellschaften als „HelloFresh“ bezeichnet), eine Tochtergesellschaft von Rocket Internet SE („Rocket Internet“), bereitet – vorbehaltlich des Marktumfelds – den Börsengang (das „Angebot“) und das Listing ihrer Aktien im regulierten Markt (Prime Standard) der Frankfurter Wertpapierbörse vor.
H1 2015 Results Update• Rocket Internet’s Proven Winners and Emerging Stars performance on track • Strong weighted top line growth of 142% in net revenues/GMV and margin improvement for Proven Winners in H1 2015 vs. H1 2014 • Transition of Rocket Internet’s financial reporting to IFRS • Nine new companies launched YTD • LPV increase of EUR 3.4 billion since IPO
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.