Rocket Internet
Rocket companies reap benefits of SEA Cyber Monday
Three online businesses report sales increases of up to 40% during campaign
Major jump in customers via mobile application also recorded
Lazada gets another US$250mil in funding
Lazada said it has raised a funding round from a group of investors including Tesco Plc, Access Industries, Investment AB Kinnevik and Verlinvest, adding approximately US$250 million to its balance sheet.
Rocket’s Zalora adds US$112mil to expansion fund
Rocket Internet’s Zalora has secured a USD112 million in funding, from privately held investor group Access Industries in addition to funds managed by US-based asset management firm Scopia Capital Management LLC and other institutional investors.
Rocket Internet alumni launch mobile P2P marketplace app in Singapore
Two former Rocket Internet senior executives from Latin America have launched Duriana, which they described as a “mobile-first, location-based, peer-to-peer marketplace application for Singapore.”
Rocket Internet companies begin their own ‘Cyber Monday’ in SEA
Rocket Internet e-commerce companies Foodpanda, Lazada and Zalora have launched what they’re calling the ‘Online Revolution,’ styled after the United States’ Cyber Monday, the biggest online shopping day which takes place every Monday after Thanksgiving.
Banking on Digital: The confluence of IT and marketing
Dinesh Lal Kumar kicks off a four-part series covering the challenges banks face in serving the digital consumer.
Disrupt #9: Is it game over for e-commerce?
With all the big foreign players coming into the e-commerce space, is it game over for domestic players? That will be the topic of discussion at the next DNA-TeAM Disrtupt session, on July 24.
Zalora makes further m-commerce moves with Android app
Zalora, a member of the Rocket Internet group, has expanded its mobile repertoire with the launch of its Android shopping app across the region.
Rocket Internet adds another US$500mil to war chest
Rocket Internet said it has raised a total of US$500 million from partners Investment AB Kinnevik and Access Industries since May 2012, representing the largest investment ever made in an Internet incubator and accelerator company.
Rocket Internet’s Easy Taxi receives US$15mil in new funding
Rocket Internet’s Easy Taxi, the Brazilian mobile taxi app company which last month rolled out its service in Malaysia, said it has secured another round of funding worth US$15 million from its original backer Latin America Internet Holding.
