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 »
The Berlin clone factory’s simple payments service, Paymill, has picked up €10 million from Holtzbrinck and Sunstone. With Rocket’s many operations pulling in tens of millions in investment each month, the… Read more »
People love to hate clone artists like Berlin’s endlessly cash-hungry Rocket Internet, but is this really a clear-cut debate? And where should we draw the line? Read more »
It turns out you can’t conquer the whole world in one go after all. But, even if low margins have forced the Samwer brothers out of Istanbul, for now their successes… Read more »
Never ones to rest on their laurels, the Samwer brothers have launched their copy of hot payments service Stripe, while also partnering up with the cellular carrier Millicom for a fresh… Read more »
Germany’s Rocket Internet may have not made its big U.S. push yet, but one of its early plays — parenting subscription service Petitebox — has failed amid logistical problems. Will it… Read more »
The Samwer Brothers have stopped being furtive about the extent of their many clones, with a new site that lists their full portfolio as part of a wider rebrand. But what… Read more »
Rumors suggest the Samwer brothers are prepping a clone of hot payments startup Stripe to add to their copies of Square and BillMeLater – though it remains to be seen whether… Read more »