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Rocket Internet mops up $1 bn to back startups globally

Thursday, January 19, 2017 | More »

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Rocket Internet SE, the German investment firm that has struggled with its bets on Indian companies, has raised $1 billion in a new fund to back Internet companies globally. The Rocket Internet Capital Partners fund is Europe’s largest fund focused on the Internet sector, the firm said in a statem...

Foodpanda

Rocket Internet-backed companies Delivery Hero & Foodpanda merge businesses

Delivery Hero Holding GmbH, which runs Delivery Hero, has announced the acquisition of Rocket Internet’s entire global operations of food delivery startup Foodpanda. The acquisition brings together two top food delivery startups based in Germany. After this acquisition, the combined group is expec...

10 December, 2016 | More »

Oliver-Samwer,

Rocket Internet marks first close of new fund at $420M

German e-commerce incubator-cum-investor Rocket Internet has raised $420 million in the first close of its new fund, with Rocket Internet itself is contributing about $ 50 million, to invest in European internet companies, it said Tuesday in an e-mailed presentation. Shareholders in Rocket Internet,...

20 January, 2016 | More »

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Rocket Internet expands online food ordering franchise in the Middle East with Talabat & 24h buys for over $170M

Emerging markets-focused incubator and investor in internet ventures Rocket Internet has struck two deals in the Middle East to boost its online food ordering business. The firm, whose food ordering franchise is housed under Foodpanda, a multi-location online food ordering marketplace (which operate...

11 February, 2015 | More »

Oliver-Samwer

Rocket Internet launching $970M IPO on Frankfurt Stock Exchange

German incubator cum investor in consumer internet ventures Rocket Internet AG has filed its prospectus to raise over €750 million ($970 million) through an initial public offering (IPO) on the Frankfurt Stock Exchange before the end of the year. The firm did not give details of the equity dilutio...

10 September, 2014 | More »

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Rocket Internet focuses more on execution than idea: Co-founder Oliver Samwer

Berlin-based Rocket Internet GmBH, a startup incubator known for cloning in new markets the successful consumer internet startups set up in the US, is focusing more on execution than ideas, according to its co-founder Oliver Samwer. In a ‘rare’ interview with Venture Beat, Samwer also noted that...

1 May, 2013 | More »