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Rocket Internet

Rocket Internet
Financial Markets

Rocket Internet Vows to Limit Losses After 2015 Cash Burn

German e-commerce firm Rocket Internet said it was on track to make three of its start-ups profitable by the end of 2017, and its losses should have peaked last year when its companies burned through 1 billion euros ($1.1 billion).

Financial Markets

Rocket Internet Vows to Limit Losses After 2015 Cash Burn

German e-commerce firm Rocket Internet said it was on track to make three of its start-ups profitable by the end of 2017, and its losses should have peaked last year when its companies burned through 1 billion euros ($1.1 billion).


Technology

Orange to Invest in Nigerian E-Commerce Group Africa Internet

French telecommunications company Orange is to invest 75 million euro ($85 million) in Nigerian e-commerce group Africa Internet Group and become a shareholder, the two companies said on Tuesday.

Technology

Orange to Invest in Nigerian E-Commerce Group Africa Internet

French telecommunications company Orange is to invest 75 million euro ($85 million) in Nigerian e-commerce group Africa Internet Group and become a shareholder, the two companies said on Tuesday.


Global Markets

Billionaire Henry Sy, Lazada Team Up on Philippine Online Retail

Billionaire Henry Sy has partnered with an online retailer backed by Germany’s Rocket Internet SE to target the rising number of consumers in the Philippines who shop using the Internet.

Global Markets

Billionaire Henry Sy, Lazada Team Up on Philippine Online Retail

Billionaire Henry Sy has partnered with an online retailer backed by Germany’s Rocket Internet SE to target the rising number of consumers in the Philippines who shop using the Internet.


Technology

Bits & Bytes | Smarter Smartwatches, Alibaba Bets $1bn, Start-Up Capital

Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.

Technology

Bits & Bytes | Smarter Smartwatches, Alibaba Bets $1bn, Start-Up Capital

Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.


Technology

Rocket Internet Fund Gives Start-ups Edge as Capital Dries Up

German e-commerce investor Rocket Internet has attracted $420 million to a new fund it hopes will speed up and simplify capital raising for its start-ups, potentially giving them an edge as investors become more cautious.

Technology

Rocket Internet Fund Gives Start-ups Edge as Capital Dries Up

German e-commerce investor Rocket Internet has attracted $420 million to a new fund it hopes will speed up and simplify capital raising for its start-ups, potentially giving them an edge as investors become more cautious.


Technology

Bits & Bytes | Rocket Internet Loses Managers, Smart Fabrics, Zappos Exodus

Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.

Technology

Bits & Bytes | Rocket Internet Loses Managers, Smart Fabrics, Zappos Exodus

Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.


Technology

Rocket Internet Faces New Setback with Loss of Senior Managers

Germany's Rocket Internet is losing two senior managers in the latest setback for a company that a year ago was considered one of Europe's best hopes for competing with global tech giants.

Technology

Rocket Internet Faces New Setback with Loss of Senior Managers

Germany's Rocket Internet is losing two senior managers in the latest setback for a company that a year ago was considered one of Europe's best hopes for competing with global tech giants.


Financial Markets

Zalando Lowers Profit-Margin Forecast Amid Customer Fraud, Costs

Zalando SE lowered its profit margin forecast for the year as higher delivery costs, marketing spending and lower-than-expected debt collection related to earlier customer fraud weigh on its profitability.

Financial Markets

Zalando Lowers Profit-Margin Forecast Amid Customer Fraud, Costs

Zalando SE lowered its profit margin forecast for the year as higher delivery costs, marketing spending and lower-than-expected debt collection related to earlier customer fraud weigh on its profitability.


Retail

Billionaires’ Startup Brings Black Friday to Pakistan’s Shoppers

The billionaire Samwer brothers want to help introduce Pakistan’s shoppers to a local version of Black Friday, the November sales binge that kicks off the year-end holiday retail season in the US.

Retail

Billionaires’ Startup Brings Black Friday to Pakistan’s Shoppers

The billionaire Samwer brothers want to help introduce Pakistan’s shoppers to a local version of Black Friday, the November sales binge that kicks off the year-end holiday retail season in the US.


Technology

Bits & Bytes | Tinker Tailor Closes, Apple Plunge, Rocket Value Rises

Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.

Technology

Bits & Bytes | Tinker Tailor Closes, Apple Plunge, Rocket Value Rises

Bits and Bytes is a weekly roundup of the most important news in the fast evolving fashion-tech space.