Ozon, Russia’s largest e-commerce company, recently raised $150 million in funding at a $700 million valuation. We asked CEO Maëlle Gavet about the monster financing round and Ozon’s plans.
Stockholm, Sweden-based mobile payments startup iZettle has raised 40 million euros in Series C funding as it gears up for expansion. We had a chat with CEO Jacob de Geer – see the video below.
As Berlin-based online retail juggernaut Zalando gears up for an IPO later this year, this morning the company reported solid financial results for the first quarter of 2014 - although it isn’t quite profitable yet either. Group revenues grew to 501 million euros, a 35% jump compared to Q1 2013 (372 million euros), although Zalando […]
Axel Springer, one of Europe’s largest media groups, has seen its revenue jump 4.4 percent to more than 692 million euros in the first quarter of this year. Notably, for the first time, digital activities made up more than half of the media giant’s revenue and earnings – a significant milestone. In related news, the […]
eMarketer has found that the adoption of tablet computers continues to rise steadily in the EU5, or the UK, Germany, France, Italy and Spain. The first three countries in particular are seeing an increase in usage, with the UK leading the pack. According to eMarketer’s latest estimates, the EU5 region’s tablet user base (that is, […]
Nokia today announced the launch of a $100 million ‘Connected Car’ fund in collaboration with its HERE daughter, to be managed by its venture capital arm, Nokia Growth Partners. Nokia says the new, dedicated fund will “identify and invest in companies whose innovations will be important for a world of connected and intelligent vehicles”. In […]
A recent surge in funding rounds – and one IPO – for Europe’s largest and fastest-growing online food ordering websites prompted us to take a deep dive into the seemingly hot category.