Rocket Internet

Lazada to focus on winning in existing markets, no deal talks for now

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Lazada Malaysia CEO Hans-Peter Ressel on growth opportunities.

An employee at online retailer Lazada walks into the company's office in Jakarta, Indonesia April 15, 2016.  REUTERS/Darren Whiteside  - RTX2A348
Visual from Helpling website
Rocket-backed Helpling raises $10.7m led by Singapore’s APACIG

On-demand cleaning services platform Helpling has raised nearly $10.7 million (S$15 million) from existing investors, led by Singapore-based Asia Pacific Internet Group (APACIG), a start-up incubator established jointly by Rocket Internet and Ooredoo. Other investors in the Berlin-based start-up include Rocket Internet, Lakestar, Accel Partners, and Mangrove Capital. As per a TechCrunch… Read more »

South Korean 10,000 won note is seen on U.S. 100 dollar notes in this picture illustration taken in Seoul, South Korea, December 15, 2015. REUTERS/Kim Hong-Ji
Image from Zalora website.
The logo of of Rocket Internet, a German venture capital group is pictured in this September 24, 2014 illustration photo in Sarajevo.   REUTERS/Dado Ruvic/File Photo
Rocket Internet Logo
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Photo: Mint
India 2016: The highs and lows of venture capital industry

Adversity brings out the best or the worst in people. The downturn in India’s start-up funding market over the past 12 months brought out the worst in the founders of some of the country’s most valuable start-ups. Strapped for capital and under assault from foreign competitors with deep pockets, such… Read more »

kinnevik
Kinnevik CEO out after failing to win over tech sector

Lorenzo Grabau, a former Goldman Sachs banker who tried to push 80-year-old Swedish investment firm Kinnevik AB from TV and telecom investor to kingmaker of European internet businesses, was unceremoniously ousted as chief executive officer Wednesday. Grabau, a Rome-born manager who joined Kinnevik in 2011 and become its CEO in… Read more »

An employee at online retailer Lazada walks into the company's office in Jakarta, Indonesia April 15, 2016.  REUTERS/Darren Whiteside  - RTX2A348
Alibaba’s Lazada braces for a Southeast Asian brawl with Amazon

Alibaba Group Holding Ltd. and Amazon.com Inc. are about to clash in Southeast Asia. And Lazada Group SA, which Alibaba bought this year for $1 billion, will be right at the heart of that conflict. Southeast Asia’s largest e-commerce site is rolling out a series of initiatives in anticipation of the U.S…. Read more »