The average lifecycle of a car in 2014Berlin, January 31st 2014 – Worldwide spending in the automobile industry and the rising intensity of global competition has triggered an increase in the average lifecycle of cars. According to a research by Polk carried out in 2013 the average age of vehicles which is 11.4 years is continuously growing. Today new cars are kept for at least 6 years (in comparison to 2003 which was 4 years) before it is handed over to a new owner.
Lamudi Launches Optimized Mobile WebsiteBerlin, 30th January 2014 – Lamudi, the leading real estate classifieds player in Asia, Africa and Latin America, today announced the launch of its enhanced website for mobile use via iOS and Android. Now Lamudi´s nearly 1M monthly visitors in all 16 countries throughout the world can easily look for real estate offers on the go.
World Bank Group’s IFC invests €15 million in Latin America’s DafitiSão Paulo, January 28, 2014 – The Dafiti Group, Latin America’s leading fashion e-commerce, today announced an equity investment of €15 million from The International Finance Corporation (IFC), a member of the World Bank Group and the largest global private sector development institution. In three years, the Dafiti Group was able to attract USD 275 million in funding from investors, including anchor investor, Investment AB Kinnevik, as well as JP Morgan, Quadrant Capital Advisors and Teachers...
PricePanda receives USD 3M from Tengelmann GroupBerlin/Singapore, 27th of January 2014 – PricePanda, South East Asia’s #1 price comparison platform, secured USD 3M from Tengelmann Group. Other existing investors include Investment AB Kinnevik and Rocket Internet. This will allow PricePanda to reshape the e-commerce landscape in further countries in the upcoming months.
Carmudi continue their rapid global expansion in SEAJakarta / Manila, January 24th 2014 – Carmudi, the rising classifieds player in the automotive industry in Asia, Africa and Latin America now continue their global expansion in South East Asia (SEA). The next countries on the list: the Philippines and Indonesia, which are known to be the most aspiring markets in SEA in the online realm offering a huge potential for economic growth.
¿Cuánto costaría vivir en la Residencia Oficial de Los Pinos?Ciudad de México, 20 de enero de 2014 – De acuerdo con estimaciones de Lamudi, el portal inmobiliario líder en México, la Residencia Oficial de Los Pinos costaría 1,800 millones de pesos. Los Pinos, con 56 mil metros cuadrados construidos es cuatro veces más grande que la Casa Blanca. El costo comercial por metro cuadrado es de 32 mil pesos, tomando en cuenta el costo promedio en la colonia San Miguel Chapultepec, que es donde se ubica Los Pinos. En comparación, la casa más grande del catálog...
PricePanda passes over 1,000,000 people to online partner shopsBerlin/Singapore January 17th 2014 – PricePanda, the leading price comparison website in South-East Asia, has converted over 1,000,000 million people to shop online all over South-East Asia since its launch in 2012. This milestone is just the first step into the start of a successful new year. This year, e-commerce will continue to be one of the fastest growing markets in South-East Asia and especially the online marketers will see great potential in this region.
Southeast Asia’s Biggest Online Shopping Mall Further Invests in mCommerceSingapore, 16th January 2014 – Lazada, Southeast Asia’s biggest online shopping mall, today announced the expansion of its mobile repertoire with the launch of an app for iPhone and iPad across the region. This launch follows Lazada’s recent investment round of approximately US$ 250 million from investors including retail giant Tesco.
ZALORA to Launch MarketplaceSingapore, Wednesday 15th January 2014; ZALORA, Asia’s leading online fashion destination, has announced it will be launching ZALORA Marketplace in the first half of this year. With over 15 million visits per month to ZALORA, Marketplace will give independent fashion designers and sellers the opportunity to instantly expand their business to ZALORA’s massive customer base and will greatly increase the product assortment available to customers.
Overseas Filipino Workers Get Ready For ChristmasChristmas is coming up and people are getting themselves prepared for the holiday season. In 2013, smartphones and video game consoles have proved the most popular with consumers. According to the price comparison website www.pricepanda.com.ph, the top five searched products in November and December were:
Nigerian Vehicle Marketplace Records Five Digit Growth in AfricaLagos, December 12, 2013: Online marketplace Carmudi has exploded in popularity just two months after launching, showing promising signs for Nigeria’s automotive industry. Officially launched in October across three continents, www.carmudi.com.ng is fast positioning itself as an industry leader in Africa - and consumers are responding. Monthly visits to Carmudi Nigeria (formerly known as Carmido) have increased by a massive 35,000% since April 2013 making the Nigerian website the fastest grow...
Lazada receives approximately US$250 million of funding from Tesco, Access Industries, Kinnevik and VerlinvestSingapore, 9/12/2013 – Lazada, Southeast Asia’s largest online shopping mall, raises a large funding round from a group of investors including Tesco PLC, Access Industries, Investment AB Kinnevik and Verlinvest, which adds approximately US$250 million of cash to Lazada’s balance sheet.
Breaking own SEA funding record: USD112M for ZALORA GroupSINGAPORE, 4th December 2013 – ZALORA Group, Southeast Asia’s fastest-growing fashion & beauty online store, has secured a USD112 million (SGD139 million) round of funding. The fresh capital represents the largest single investment ever made into a SEA online fashion retailer and comes from privately held investor group Access Industries, funds managed by US-based asset management firm Scopia Capital Management LLC and other institutional investors. Thereby, ZALORA breaks their own record set...
5 Reasons Why The Global Real Estate Market Will ChangeIn October 2013 Lamudi (www.lamudi.com), the leading real estate classifieds player in emerging markets, launched operations in 13 countries worldwide. Now, the company already registered several million search requests worldwide. There are five reasons why the real estate market will change in Latin America, Africa and Asia:
Angriff auf Banken: Marktplatz bringt Kreditnehmer und Anleger zusammenLendico ist ein Marktplatz für Kredite von Mensch zu Mensch Konsum- und Investitionskredite zwischen 1.000€ und 25.000€ ab 2,99 % Eigener Algorithmus zur Bewertung des Kreditrisikos in Echtzeit Typischer Rocket Internet-Ansatz: Start in Deutschland, schneller globaler Rollout
PM: Mit Lendico macht Rocket Internet Banken KonkurrenzLendico ist ein Marktplatz für Kredite von Mensch zu Mensch / Konsum- und Investitionskredite zwischen 1.000€ und 25.000€ ab 2,99 % / Eigener Algorithmus zur Bewertung des Kreditrisikos in Echtzeit / Typischer Rocket Internet-Ansatz: Start in Deutschland, schneller globaler Rollout
Press Release: Rocket Internet targets market for peer-to-peer lending with the launch of LendicoLendico enables quality borrowers to get loans at interest rates as low as 2.99% // In-house designed formula to evaluate each borrower’s credit risk // Cooperation with renowned partners and a German bank // Rocket Internet-rollout: starting point in Germany and fast internationalization to come
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
ABOUT ROCKET INTERNET
About Rocket Internet
Rocket Internet incubates and invests in internet and technology companies globally. 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 33,000 employees. Rocket Internet SE is listed on the Frankfurt Stock Exchange (ISIN DE000A12UKK6, RKET). For further information please visit www.rocket-internet.com.