It has always been relatively difficult to get information out of Rocket Internet (RI). Until yesterday, that was. Now, some may complain of an information overload. But not us!
Here is what happened.
Every year Swedish investment firm Kinnevik invites investors to a "Capital markets day". This year it decided to call it the "Kinnevik Rocket Capital markets day" and to hold it in Berlin, RI'
After launching in Zimbabwe a few days ago, Rocket Internet's Lamudi has now launched in six new markets, namely Sri Lanka, Jordan, the Ivory Coast, Mozambique, Madagascar, and Mauritius, to bring the number of countries where the platform is available to 28 of which 15 are in Africa.
This launch will add listings to the platf
Rocket Internet's Lamudi expanded to Zimbabwe, pushing the number of countries in Africa, Asia and South America that it operates in to 25.
Founded in 2013, the real estate marketplace recently announced it had hit 250,000 property listings worldwide just six months after launch. Lamudi Zimbabwe will offer sellers, buyers, landlords and renters the ideal platform to find homes, land and commerc
First there was Millicom in South America, then MTN Group in Africa and now Ooredoo in Asia. All three are leading telecommunications companies in their regions; all three set up joint ventures with Berlin-based start-up expert Rocket Internet.
All in all there are four joint ventures aiming to “jointly develop ecommerce and other digital services” in their respective geographic regions. The 50
Rocket Internet's Carmudi, an auto classified platform in emerging markets, has added Ghana to its African footprint after Nigeria, to continue its global expansion.
Apart from Ghana, the site also launched in Vietnam and in the
Berlin-based start-up fundi Rocket Internet announced the launch of auto site Carmudi.com in the United Arab Emirates (UAE) today.
Rocket Internet has made several investments in the Middle East region before, including in retail site Namshi.com, food-ordering site Hellofood.com and the app Easy Taxi. It is also involved in a strategic partn
Real estate site Lamudi, backed by Rocket Internet, MTN and Millicon, today launched in the Philippines, Peru, Ethiopia, Indonesia and Zambia to strengthen its hand in the battle for domination of the real estate vertical in emerging markets.
The firm said Philippines, Peru, Ethiopia, Indonesia and Zambia have increasingly flourishing economies with booming real estate industries. These countri
Who owns the listings on classified platforms? Africa is in the middle of its first emotional debate about this topic in the real estate markets of Kenya and Nigeria.
Earlier this week Kenyan BuyRentKenya.com accused Rocket Internet's Lamudi of scraping its listings, including spelling errors and object IDs. Same seems to happen with OLX in Nigeria and other competitors. Lamudi denies the alleg