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Latest News & Analysis
Retail

Jumia Founder Rocket Internet Set to Found More Companies in 2019

Founder of Global Fashion Group and Jumia (potentially valued at over $1.6 billion in recent IPO), the German e-commerce investor plans to set up even more companies this year.

Retail

Jumia Founder Rocket Internet Set to Found More Companies in 2019

Founder of Global Fashion Group and Jumia (potentially valued at over $1.6 billion in recent IPO), the German e-commerce investor plans to set up even more companies this year.


Retail

Alibaba Bets on Frenchman to Lead High-Stakes Southeast Asia Expansion

Unusual choice Pierre Poignant named third CEO in nine months of Lazada, the subsidiary spearheading Alibaba's high-stakes Southeast Asia expansion.

Retail

Alibaba Bets on Frenchman to Lead High-Stakes Southeast Asia Expansion

Unusual choice Pierre Poignant named third CEO in nine months of Lazada, the subsidiary spearheading Alibaba's high-stakes Southeast Asia expansion.


Financial Markets

Rocket Internet to Invest in Firms That Can Conquer US

Chief executive Oliver Samwer said he would incubate and invest in firms trying to make it in the competitive US market.

Financial Markets

Rocket Internet to Invest in Firms That Can Conquer US

Chief executive Oliver Samwer said he would incubate and invest in firms trying to make it in the competitive US market.


Global Markets

Can Global Fashion Group Shed Its Turbulent Past and Become Profitable?

After a slew of challenges, the ex-Rocket Internet fashion e-commerce subsidiary is taking a more pragmatic view on the future.

Global Markets

Can Global Fashion Group Shed Its Turbulent Past and Become Profitable?

After a slew of challenges, the ex-Rocket Internet fashion e-commerce subsidiary is taking a more pragmatic view on the future.


Financial Markets

Dubai's Emaar Buys 51 Percent Stake in E-Commerce Site Namshi

Emaar Malls said it will buy a 51 percent stake in fashion website Namshi from Germany's Rocket Internet for $151 million as competition for technology deals heats up in the Middle East.

Financial Markets

Dubai's Emaar Buys 51 Percent Stake in E-Commerce Site Namshi

Emaar Malls said it will buy a 51 percent stake in fashion website Namshi from Germany's Rocket Internet for $151 million as competition for technology deals heats up in the Middle East.


Global Markets

Rocket's Global Fashion Cuts Losses Despite Tough Markets

The fashion retailer reined in losses in the fourth quarter as it increased efficiency across its regions despite tough economic conditions.

Global Markets

Rocket's Global Fashion Cuts Losses Despite Tough Markets

The fashion retailer reined in losses in the fourth quarter as it increased efficiency across its regions despite tough economic conditions.


Technology

Rocket Internet Shares Tumble After Kinnevik Sells Half of Stake

The company's shares have slid in the last year as many investors have become concerned over heavy losses and falling valuations for its key start-ups.

Technology

Rocket Internet Shares Tumble After Kinnevik Sells Half of Stake

The company's shares have slid in the last year as many investors have become concerned over heavy losses and falling valuations for its key start-ups.


Financial Markets

Rocket Internet’s Global Fashion Shrinks Losses on Cost Cuts

The adjusted loss narrowed to €32.3 million ($34.3 million) from €54 million a year earlier.

Financial Markets

Rocket Internet’s Global Fashion Shrinks Losses on Cost Cuts

The adjusted loss narrowed to €32.3 million ($34.3 million) from €54 million a year earlier.


Technology

Rocket Internet Trims Losses at Main Start-Ups

Rocket Internet said it had made progress to cut losses at its main start-ups and reiterated that it expected three of them to turn profitable by the end of 2017.

Technology

Rocket Internet Trims Losses at Main Start-Ups

Rocket Internet said it had made progress to cut losses at its main start-ups and reiterated that it expected three of them to turn profitable by the end of 2017.


News & Analysis

Rocket Internet Slashes Home24 Value in New Funding Round

Rocket Internet has lowered the value of one of its key portfolio companies by more than 50 percent in a new financing round, the latest setback the Berlin-based startup incubator.

News & Analysis

Rocket Internet Slashes Home24 Value in New Funding Round

Rocket Internet has lowered the value of one of its key portfolio companies by more than 50 percent in a new financing round, the latest setback the Berlin-based startup incubator.