German startup incubator Rocket Internet has priced its IPO at the high end of the earlier announced price range, giving it a valuation of approximately $8.5 billion. Rocket shares start trading tomorrow.
Confirmed (finally): Germany-based online fashion powerhouse Zalando is plotting an IPO in the second half of 2014, planning to list up to 11 percent of shares on the Frankfurt Stock Exchange.
German online fashion retail powerhouse Zalando says its group revenues have increased by almost 30 percent in the first half of this year, hitting more than 1 billion euros for the six-month period.
Online fashion store Zalando saw sales of up to 560 million euros in the second quarter of 2014 on strong mobile growth, and recorded revenues of more than 1 billion euros for the first half of the year.
A new report reveals that London is still the leader in FinTech in Europe. Liquid Labs co-founder and former investor Paul Jozefak looks at the city’s advantages and growing competition from Berlin.
After co-founding and serving as CTO of cloud platform company Heroku, Adam Wiggins sold it to Salesforce for a small fortune. Now, he spends his time in Europe, helping out startups. What gives?