Tag: Rocket Internet


Carmudi breaks through 100,000-barrier with listings

Carmudi breaks through 100,000-barrier with listings

Rocket Internet's global auto marketplace Carmudi on Sunday announced it had crossed 100,000 listings globally, just five months after its launch.The online marketplace also said it operated in 12 countries and 40 cities, but said it was targeting to be live in at least 30 countries by the end of 2014.In a statement, Stefan Haubold, global managing director and co-founder of Carmudi, said,



All you ever wanted to know about Rocket Internet, and then some

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'


Lamudi launches in six new markets

Lamudi launches in six new markets

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 hastily expands into Zimbabwe

Rocket Internet’s Lamudi hastily expands into Zimbabwe

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



Rocket Internet partners with yet another telcom giant

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


Carmudi’s global footprint grows again

Carmudi’s global footprint grows again

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 


Rocket Internet start-up Carmudi arrives in UAE

Rocket Internet start-up Carmudi arrives in UAE

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


Rocket Internet’s Lamudi launches in five new markets

Rocket Internet’s Lamudi launches in five new markets

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


Rocket Internet’s Lamudi accused of scraping in Africa

Rocket Internet’s Lamudi accused of scraping in Africa

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



Bekker’s baby bites him in the back

In the past week Johannesburg-based multinational telecommunications firm MTN Group jumped in bed with start-up expert Rocket Internet and Millicom International to create a very formidable classifieds competitor for, among others, Naspers in Africa and the Middle East.Read the MTN Group media statements