Browsing Tag

rocket internet

22 posts
rocket internet

Rocket Internet records massive profit, outlines a €150Mn share-buyback plan

European company Rocket Internet has announced a share-buyback program. The company will…

Kinnevik to sell remaining stake in Rocket Internet over clash

Swedish investor Kinnevik has announced that it is selling its remaining 6.6%…

Delivery Hero is gunning for a $500Mn IPO in Germany this year

Berlin-headquartered Delivery Hero has revealed the details of its IPO plans. The…
rocket internet

Rocket Internet’s largest backer Kinnevik halves its stake in the company, share prices tank

Once recognised as the largest internet technology giant, Rocket Internet is standing…

Rocket Internet announces first engineering hub in Asia

Rocket Internet, in a bid to ramp up its focus in Asia,…
rocket internet

Rocket Internet’s investment arm closes $1 billion fund to invest in startups worldwide

Berlin-based internet giant Rocket Internet has announced that its investment firm Rocket…

Food delivery service HelloFresh mints a fresh $88Mn in equity financing

Berlin-based food delivery service HelloFresh has raised a fresh $88.5 million (€85…
foodpanda funding

Rocket Internet-backed food delivery startup Foodpanda acquired by Berlin-based Delivery Hero

In what can only be seen as an unexpected (or rather expected!?)…
foodpanda funding

Rocket Internet-backed Foodpanda unloads its Russian operations onto Mail.ru for $100Mn

In a faltering food-tech ecosystem, startups are either shutting shop due to…
rocket internet

Rocket Internet’s GFG closes $364Mn in a down round

Global Fashion Group, Rocket Internet’s consortium of online fashion businesses is continuing…
rocket internet

Rocket Internet Sells ‘Non-Core Takeaway Food Businesses’ In Spain, Italy, Brazil, Mexico For $140M To Just Eat

The world’s largest Internet platform outside the US and China, Rocket Internet,…

Amid Falling Fortunes, Rocket Internet May Shut Down FabFurnish And PrintVenue

Rocket Internet, the German investor and startup studio seeing continuous decline in…
jabong acquisition

Rocket Internet-Owned Jabong Is Apparantly Going Under The Hammer

Rocket Internet-owned online fashion retailer, Jabong.com is supposedly going under the hammer…
jabong acquisition

Jabong Founders Move Out, Global Fashion Group CFO Nils Chrestin Takes Over

As Rocket-Internet owned Jabong’s co-founders depart from the company, Nils Chrestin, who is currently…
tinyowl shuts down operations

[UPDATE] FoodPanda In Final Stages To Acquire Matrix-Backed TinyOwl : Report

UPDATE : Fellow writer Deepanshu Khandelwal now tells me, that sources from…