Amsterdam-based travel e-commerce startup TravelBird scores €16.5 million from Rocket Internet

In a move that should surprise absolutely no one, Amsterdam-based TravelBird has raised more funding. Rocket Internet (through subsidiary Global Founders Capital) has increased its stake in the travel deal business to 25.2%, pumping 16.5 million euros into the company. Rocket’s investment now totals 32.1 million euros, together with earlier investments. TravelBird, which we just […]

Rocket Internet’s ‘Global Fashion Group’ gains an Amazon exec as CEO, a CFO and another €32m in funding

The Global Fashion Group, which is the generic name of the 7-month old holding company comprised of five of Rocket Internet’s fashion e-commerce companies (Dafiti, Lamoda, Jabong, Zalora and Namshi) targeting emerging markets, has announced that it has raised 32 million euros in further funding from Tengelmann Ventures and Verlinvest. The news comes as Rocket […]