Ecommerce

Fund Focus: Cocoon Capital abandons traditional VC approach as it targets B2B startups

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Founders Klippgen & Blakey have 30+ years of early-stage investing experience.

India: Myntra co-founder Ashutosh Lawania quits

Online fashion retailer Myntra on Thursday named marketing chief Gunjan Soni the new head of Jabong, a rival it bought last July, and said its co-founder Ashutosh Lawania has quit to start a new venture. The Flipkart-owned company is in the process reshuffling its top deck following the departure of… Read more »

Delivery Hero acquires Rocket Internet-backed Foodpanda

Delivery Hero Holding GmbH on Friday announced the acquisition of Rocket Internet SE-backed Emerging Markets Online Food Delivery Holding S.à r.l, which owns food delivery startup Foodpanda and the deal brings together two of the largest players in the food delivery space. The acquisition will increase Berlin-based Rocket Internet’s stake in… Read more »

Indonesia: President Joko Widodo launches online marketplace for farmers

Indonesian President Joko Widodo has launched an online marketing system (e-commerce) for agricultural products, in an effort to cut the long distribution chains from farmers to consumers. The agricultural e-commerce is part of the ‘Synergized-Actions for the People Economy’, a program that synergizes three ministries – the Communication and Information… Read more »