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.
JUMIA, candidat du World Retail Award lance son application mobileAoût 27, 2013 - JUMIA, # 1 destination de shopping en Afrique de l'Ouest lance son application au Nigeria, au Maroc, en Côte-d'Ivoire et au Kenya. L’application de JUMIA est maintenant disponible pour tous les smartphones Android, appliquant le m-commerce en Afrique. Avec la nouvelle application, le choix de 50'000 produits de JUMIA est accessible en quelques clics et rend l’achat en ligne encore plus simple et totalement felxible.
World Retail Award nominee JUMIA releases mobile AppAugust 27th, 2013 - JUMIA, West-Africa’s #1 shopping destination, today launches its App in Nigeria, Morocco, Ivory Coast and Kenya. JUMIA’s App is available for all Android phones – enforcing m-commerce in Africa. With their new app, JUMIA’s selection of 50.000 products is just a few clicks away and makes online shopping even easier and totally flexible.
Rocket Internet raises USD 500 million for further global expansionBerlin, July 16th, 2013 – Rocket Internet announced today that it has raised a total of USD 500 million from partners Investment AB Kinnevik and Access Industries since May 2012, representing the largest investment ever made in an internet incubator and accelerator company. The funds will be used to further expand Rocket Internet´s world-wide network of successful internet start-ups.
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.