Rocket Internet’s fashion e-commerce holding ‘Global Fashion Group’ has raised €300 million in funding at a €1 billion valuation.
Berlin-based, Rocket Internet-backed online furniture retailer Home24 has raised €20 million and reinforced its management team to get to profitability and to try and take on IKEA in Europe (via Reuters). The fresh capital comes from both existing and new investors, the company said in a statement. Christoph Cordes and Marc Appelhoff, respectively the CEO […]
Rocket Internet today announced that it’s selling its takeaway food ordering properties in Spain (La Nevera Roja), Italy (Pizzabo and hellofood Italy) as well as subsidiary foodpanda’s operations in Brazil and Mexico to rival Just Eat for €125 million to “reduce complexity”.
Spotcap, a fledgling Rocket Internet-backed fintech startup based in Berlin, has scored €31.5 million (roughly $34.3 million) in funding from Moscow, Russia-based private investment group Finstar.
Berlin-based Delivery Hero, the Rocket Internet-backed European online food ordering giant, has contracted Citigroup, Goldman Sachs and Deutsche Bank to advise on a potential public listing later this year, Bloomberg reports. Though everyone involved is keeping mum on the record, Bloomberg says its sources indicate that Delivery Hero may pursue an IPO in the fourth […]
The new ‘Rocket Internet Capital Partners’ today successfully held its first closing, Rocket Internet announced this morning, with total commitments of $420 million of which Rocket Internet proper contributed $50 million.
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