Rocket Internet

As Rocket Internet struggles, its startup specialist Martin Johansen joins iflix
iflix has announced the appointment of Rocket Internet alumni and startup growth specialist Martin Johansen as its head of new markets.
Alibaba invests US$500mil in Lazada, buys 9.1% stake for US$137mil
Rocket Internet has agreed to sell a 9.1% stake, on a fully diluted basis, in Lazada to China’s Alibaba for US$137 million. Lazada and Alibaba also entered into a transaction that includes Alibaba’s investment of US$500 million in Lazada.
Lazada claims to be SEA’s No 1 e-commerce player
Lazada Group is claiming a total of US$1.3 billion of annualised GMV across its six SEA markets, saying this makes it the region’s biggest e-commerce player.
Furniture marketplace Fabelio aims to tap changing consumer behaviour
Jakarta-based Fabelio believes it has what it takes to become the biggest online furniture marketplace in Indonesia.
Week in Review: Formidable competitor to Lazada in Indonesia
The days when Internet companies dominated the e-commerce markets in South-East Asia may be coming to an end, writes Karamjit Singh.
Disrupting the beauty industry, out of Malaysia
Aiming to reduce market inefficiencies via disruption, Pawel Netreba left his job at Rocket Internet-backed foodpanda to build his own startup.
Rocket Internet-boosted Helpling maintains growth
DNA catches up with Helpling nine month after its acquisition of Singapore services startup Spickify.
Rocket Internet launches budget hotel network ZenRooms in SEA
APACIG, a joint venture between Germany’s Rocket Internet and Qatar’s Ooredoo, has announced the official launch of the budget hotel network ZenRooms in South-East Asia.
Vietnam’s taembe.com closes US$228K seed round
Vietnam’s taembe.com, an online baby retailer and marketplace for third-party sellers and second-hand goods for mothers, said that it had closed a US$228,000 seed funding round led by Swiss Founders Fund.
Lippo Group-supported Venturra launches US$150mil SEA tech fund
Jakarta-headquartered Venturra Capital, an independent venture capital fund sponsored by the Lippo Group – one of Indonesia’s largest real estate developers – has launched its US$150-million Venturra Capital Fund I.
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