A few months before its lukewarm IPO late last year, Germany’s Rocket Internet took a $446 million investment from the Philippine Long Distance Telephone Company (PLDT), the largest telecoms operator in… Read more »
Rocket Internet’s upcoming IPO looks to be a barnstormer. As reported by Reuters on Wednesday, the flotation on the Frankfurt Stock Exchange next month is already fully subscribed, and the German… Read more »
The e-commerce and financial technology company wants to become “the world’s largest internet platform outside of the United States and China.” Read more »
The PLDT deal is largely about developing mobile and online payment technologies for emerging markets, but it also gives the market a hint at Rocket’s worth ahead of a rumored IPO. Read more »
Germany’s Samwer brothers are notorious as Europe’s chief cloners of web companies through their Rocket Internet vehicle. But we discovered their empire of e-commerce copycats is increasingly global, with companies operating… Read more »
German clone factory Rocket Internet, the incubator run by the controversy-courting Samwer brothers, has reportedly chosen its next target: white hot payment service Square. Read more »
Social gifts startup Wrapp says it is massively speeding up its expansion plans as a direct response to a copycat funded by the notorious German Samwer brothers — and the company’s… Read more »
It’s become almost cliche to say that the Samwer brothers, Europe’s most successful — and notorious — internet entrepreneurs are publicity shy. A series of exits to the likes of eBay… Read more »
Germany’s Rocket Internet — an incubator notorious for its habit of copying other businesses — rarely opens its doors. But we got a rare peek inside one of its new projects,… Read more »
The team behind design sales site Fab.com was outraged to discover a U.K.-based rival that seems to mimic not only their business but also their look. But outrage may not be… Read more »