Meal delivery startups are mushrooming all across the globe as consumers spend less time shopping and more time cooking. Berlin’s HelloFresh just raised $50 million – CEO Dominik Richter tells us why.
Philippine Long Distance Telephone Company (PLDT), the largest telecommunications company in the Philippines, is buying a 10 percent stake in German tech startup incubator Rocket Internet. PLDT acquired the stake through a 333 million euro (approximately $445 million) directed share issue subscribed for in cash, thus valuing the Samwer brothers’ e-commerce focused “company cloning factory” […]
With more than 500 million euros in revenue in Q1 2014, online fashion giant Zalando is gearing up for an IPO. A presentation from its biggest backer, Kinnevik, tells us more about its current size and scale.
Rocket Internet calls itself the world’s largest Internet incubator, with companies like Zalando and others growing fast under its wings. But how big is Rocket, really? Investor Kinnevik spills the beans …