PYMNTS-MonitorEdge-May-2024

Rocket Internet

SPAC Led By Rocket Internet Co-Founder Files For IPO In $250 Million Deal
SPAC Led By Rocket Internet Co-Founder Files For IPO In $250 Million Deal
February 10, 2021  |  IPO

Rocket Internet Growth Opportunities Corp., a blank-check company whose management team includes members of Rocket Internet’s leadership, plans to go public on the New York...

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Rocket Internet Goes Private As Shares Shed Value
Rocket Internet Goes Private As Shares Shed Value
September 01, 2020  |  Markets

German tech incubator Rocket Internet, which had vowed to take on Silicon Valley, is now moving ahead with plans to go private after watching the...

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Five at Five: A New AI and FinTech Investment Push
Five at Five: A New AI and FinTech Investment Push
May 29, 2018  |  News

Rocket Internet Eyes AI, FinTech Investments Citing comments that Rocket Internet made after reporting earnings Tuesday (May 29), Reuters reported that CEO Oliver Samwer wants...

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Rocket Internet Eyes AI, FinTech Investments
Rocket Internet Eyes AI, FinTech Investments
May 29, 2018  |  Investments

Rocket Internet, the Germany eCommerce company, is aiming to invest in financial technology and artificial intelligence startups with the $3 billion in cash it has, reports...

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Alibaba Buys Daraz
Alibaba Buys Daraz
May 08, 2018  |  Retail

Chinese eCommerce giant Alibaba has acquired Daraz, Pakistan’s most popular online shopping destination, thus expanding its empire into South Asia. Daraz was founded by Rocket...

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HelloFresh Is Heading Toward An IPO
HelloFresh Is Heading Toward An IPO
October 10, 2017  |  Retail

Blue Apron rival HelloFresh has announced its plans for an IPO that could leave the Rocket Internet-launched firm with a $1.8 billion valuation, The New...

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Emaar Malls’ $151M Majority Buy of Rocket Internet’s Namshi
Emaar Malls’ $151M Majority Buy of Rocket Internet’s Namshi
May 25, 2017  |  Retail

Dubai-based e-commerce retailer Emaar Malls has been looking to expand its online presence for quite some time. Following a March bid loss of Souq to...

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UK’s OpenRent Secures Backing From Rocket Internet
UK’s OpenRent Secures Backing From Rocket Internet
March 06, 2017  |  Investments

U.K. online realtor OpenRent has received £4.4 million in backing from Rocket Internet’s venture capital arm Global Founders Capital. Founded in 2012, London-based OpenRent aims...

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Rocket Internet Fund Gets $1B To Invest In Startups
Rocket Internet Fund Gets $1B To Invest In Startups
January 20, 2017  |  Startups

Big news from German startup investment company Rocket Internet suggests it plans to come back strong in 2017. Rocket Internet just recently closed a new...

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