Rocket Internet

Jumia ‘acknowledges success’ after just raising a nice fat $150 million

Jumia, which launched in only two years ago in Lagos, Nigeria, has just announced a new round of investments amounting to a fat €120…

Online booking startup ClickBus gets $10-million in funding

Online booking startup ClickBus has announced that it’s just received US$10-million from Latin America Internet Group, Tengelmann Ventures, Holtzbrinck Ventures and Rocket Internet. The…

Rocket Internet’s hungry Foodpanda gobbles up $60-million

Foodpanda, which also operates under affiliated brands Hellofood and Delivery Club, has raised US$60-million from Falcon Edge and Rocket Internet AG. The food delivery…

Global startup Easy Taxi bags $40-million in funding

Transport app, Easy Taxi, has secured US$40-million led by the Russian Phenomen Ventures and German Tengelmann Ventures. Backed by Rocket Internet, the startup operates…

Carmudi zooms in on Africa’s mobile generation with new Android app

Since it launched mid-2013, Carmudi has shown to be one of Rocket Internet’s fastest expanding startups. The online car classifieds startup has launched an…

Jumia opens up online marketplace in Nigeria to empower offline SMEs

After celebrating its 2nd year anniversary, ecommerce store Jumia Nigeria has now announced the launch of its online Marketplace where third-party merchants can leverage…

Meet SpaceWays, Rocket Internet’s latest startup for all your on-demand storage needs

The massively popular international tech startup incubator, Rocket Internet, has just dropped a new name onto its list of world-hungry startups, called ShapeWays. SpaceWays…

Social lending startup Lendico launches in SA, to finance the underbanked

Africa Internet Holding (AIH) recently announced the launch of Lendico in South Africa — a digital alternative to banks that enables investors to directly…

Lamudi urges further investment in emerging markets

African Internet Holding’s online real-estate startup Lamudi has responded to warnings of slow growth in emerging markets, saying that selected emerging markets remained promising locations for…

Lamudi is the largest real estate site in Uganda, credits emerging middle class

In October last year, Rocket Internet launched Lamudi, the real estate version of its “mudi” startup branches — Carmudi being its online vehicle shop…

Hellofood is now Rocket Internet’s fastest expanding venture

From Chile to Vietnam and Poland to Kenya, online food delivery marketplace Hellofood also known as Foodpanda has spread to a massive forty countries…

Rocket Internet continues its African onslaught with Jumia Uganda

Jumia, the Rocket Internet-driven “Amazon for Africa,” today announced that it will extend its services to Uganda. Jumia also operates in Morocco, Egypt, Nigeria,…

Ex-Rocket Internet crew all-in on Nigerian gift card startup Suregifts

While the idea of a gift card ecommerce startup isn’t exactly novel, Suregifts from Lagos, Nigeria, has the type of VC backing and founder…

Foodpanda chews down $20-million in funding, targets 40 new markets

Foodpanda and its affiliated brand, Hellofood, have received US$20-million in funding from a group of investors including Phenomen Ventures. This comes after it secured…

Lawyers and domains: Rocket Internet and Konga to face off

We told you things in Nigeria’s ecommerce space were about to heat up and at the center of the brewing storm is Konga and…

Carmudi Nigeria finds sweet spot as motor industry changes shape

Previously going by the name Carmido, Carmudi Nigeria is an online marketplace for vehicles that today announced it has hit a massive surge in…

Rocket Internet’s Lazada receives near $250-million from Tesco and friends

The Rocket Internet-backed Lazada is based in Singapore and operating in Southeast Asia, making it easier for people to buy and sell goods online….

Rocket Internet-backed Zalora Group secures massive $112-million fund

Rocket Internet’s Zalora Group which is considered one of Southeast Asia’s fastest-growing fashion & beauty online stores, has today announced it secured US$112-million of…

Failure to launch: 5 Rocket Internet projects that misfired in Asia

Rocket Internet, to employ a tried-and-true cliché, is a company that many tech industry watchers love to hate. On the surface, one can easily…

Rocket Internet’s Mexican ecommerce site Linio receives new 50M investment

Linio, a Mexico City-based ecommerce startup that is currently one of the leading and fastest growing in Latin America, has announced new investment from…

Rocket Internet-backed online vehicle marketplace Carmudi officially launches

It seems that Rocket Internet is establishing its commercial investments in areas outside of the usual fashion ecommerce startups more and more. The incubator…

5 reasons why Rocket Internet graduates become good entrepreneurs

We’ve seen our share of ex-Rocket Internet employees rocking the startup scene regions such as in Asia lately. They helped build companies like Zalora,…

Rocket Internet’s Lamudi launches real estate site for emerging markets

Looking to rent, buy or sell property? Lamudi is officially launching its operations in 12 counties across Asia, Africa and Latin America with more…

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