Rocket Internet

Lazada secures US$100mil in funding, launches mobile app
Online shopping mall Lazada has announced it has secured a new investor, Verlinvest, a Belgian family-owned, consumer-focused investment holding company in a recently closed funding round that injected about US$100 million of fresh capital.
Zalora gets US$100mil, e-commerce gauntlet thrown
The news last week that Zalora, which claims to be Asia’s fastest growing online beauty and fashion site, has secured fresh funding of US$100 million has sent shockwaves around the region, writes Karamjit Singh.
PeaceSoft targets to be e-commerce hub for Vietnam
Despite Rocket Internet coming into the Vietnam market in a big way in February last year, PeaceSoft group CEO Nguyen Hoa Binh believes he has the right strategy to counter the big-spending German company.
Zalora launches iPhone shopping app
Zalora has launched an iPhone shopping app that allows on-the-go shoppers across the region to seamlessly navigate over 500 brands and 15,000 products across the apparel, shoes, accessories and beauty categories.
Zalora secures €20mil investment from German retail giant
Online fashion and beauty retailer Zalora said it has secured a 20-million-euro investment from German retail giant the Tengelmann Group.
Where ideas don’t count; not at first anyway
The first Founder Institute boot camp attracted close to 100 participants, where the accelerator said its selection would be made based on founders having right set of aptitudes and character traits, not the strength of their ideas.
Are Malaysians ready for e-commerce?
Despite all the buzz around e-commerce in Malaysia, one dotcommer-turned-brick-and-mortar businessman remains skeptical.
Rakuten enters Malaysian e-commerce market in a unique way
Malaysia proved to be a unique challenge to Japan’s Rakuten, but was an attractive enough market for the globally successful e-commerce superstar to take risks it has never taken done before in any other country.
Apac Sale Group on regional ramp-up
With US$250 million in sales from Australia and New Zealand, Apac Sale Group is ready to take on Asia with Malaysia, Singapore and Thailand already on board and Indonesia, South Korea, the Philippines and Vietnam on the cards.
Lelong’s Richard Tan sees opportunity
Lelong.my founder Richard Tan acknowledges that the pricing landscape has changed dramatically with the entrance of Rocket Internet and its two properties, lazada.my and zalora.my, into the Malaysian e-commerce landscape, but he is adopting a "wait and see” attitude for now while stressing that his own premium e-commerce site, superbuy.my, can play the price game if it wants to.
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