This deal will increase the size of Lamudi’s marketplace in the Philippines, one of the focus countries the company identified for its expansion.
It got Brazilian supermodel Alessandra Ambrosia onboard as part of a contract with Rocket Internet-backed ecommerce company Dafiti. Its next step: replicating this method in Asia.
Logistics are tough in the region’s large yet fragmented ecommerce markets. Companies like aCommerce offer end-to-end control, others find their niche.
After one year of operations, the Rocket Internet-backed startup now looks to capitalize on its key learnings from the industry.
Rocket Internet’s Amazon-esque Lazada saw more than US$350 million in consumer purchases in 2014.
Lippo Group’s latest ecommerce venture blows its nose with Benjamins, and claims a localized advantage over any other online retailer in the archipelago.
Rocket Internet’s online food ordering service Foodpanda revealed today that it has secured US$110 million in funding – far and away its biggest investment to date.
Private equity firms and venture capitalists are becoming more interested in exploring the lucrative potential of the region.
Spickify’s co-founder and CEO Hoe Yeen Teck will join Helpling as its new country manager.
Lazada Group’s CEO Maximilian Bittner gives a statement about the future of both ecommerce sites.
Rocket Internet's price comparison search engine PricePanda has new funding - and today it also acquired a rival Australian site.
Rocket Internet enters the online wedding market with an investment in Indonesia’s Bridestory. The online giant says an international expansion is next.
Rocket Internet churned out a new startup today with the launch of Everjobs. It’s a jobs classifieds site that launches first in Sri Lanka and Myanmar.
As with fundings done by Rocket Internet into its homegrown startups, the investment demonstrates its confidence in Carmudi.