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OLIVER SAMWER
How three brothers turned cloning startups into a global empireGerman brothers Marc, Oliver, and Alexander Samwer became billionaires by cloning successful U.S. startups like eBay, Airbnb, and Amazon, a...- German startup factory Rocket Internet to delist to enable long-term investingIn its latest financial results, published in May, Rocket Internet said it had 1.9 billion euros of net cash as of April 30 and valued its ...
- Startups Rocket CEO Samwer looks at crafting new strategies for success“Investors now want to see Samwer write new success stories by starting or backing more companies that can succeed on a larger scale,” said...
- Delivery Hero Holding GmbH acquires FoodpandaDelivery Hero is also acquiring new markets with leading market positions further broadening its geographic footprint, he added.
- Rocket: Strategy of betting on entrepreneurs failed in IndiaRocket Internet infuses the startups with huge capital and increases the chances of success by giving the entrepreneurs a sense of security.
- Inside Rocket Internet’s Ailing Startup FactoryMangrove Chief Executive Officer Mark Tluszcz regrets getting involved with Rocket and says Nestpick’s survival is far from assured.
- Rocket's GFG raises $33 million amid Jabong sale talksExisting investors Kinnevik, Rocket Internet and Rocket Internet Capital Partners have participated in this round, the company said in asta...
- Internal audit finds lapses by ex-Jabong executives; transfer of logistics unit Gojavas under lensThe report also found that Sinha, Mohan and Malhotra had interests in third parties trading with Jabong, and that the allegation of collusi...
- Top political, business leaders discuss startupsAs part of the Viva Summit, over 5,000 startups will showcase themselves to leaders, investors and academicians, as per the event’s website.
- Bharti's Mittal, French President, top business leaders meet on startupsThe meeting was hosted ahead of the launch of the Viva Summit in Paris, which is touted as the “Davos for Start-upsand is focused on bringi...
- Jabong parent secures 300 mn euro fundingGlobal Fashion Group (GFG), parent company of online fashion portal Jabong, has secured a funding of 300 million euros (about Rs 2,282 cror...
- Jabong parent, GFG, raises EUR 300 million in fresh funding; Valuation plummetsPost the July 2015 round of funding, Kinnevik had increased its ownership in GFG to over 25%, while Rocket Internet's stake had come down t...
- Jabong gets $20 million to stay afloat for one more yearAccording to sources GFG has decided to inject additional funds into its lossmaking fashion ecommerce company Jabong to keep it afloat for ...
- Indian e-commerce most challenging in world: Lorenzo Grabau, AB Kinnevik"The Indian market is very exciting but it is also a place where there are a lot of talented local entrepreneurs and management teams with ...
- Cartisan gets funds to ride into new marketsThe funding, a first for the startup, will be used by the less than two month-old venture to expand into newer territories.
- Foodpanda may pick up stake in TinyOwl as part of $40-million dealTinyOwl, one of the fastest growing food ordering startups, has had a quick ramp-up after having started off in Mumbai in April 2014.
- Rocket Internet acquires majority stake in FoodpandaConfirming the development Foodpanda said with this fresh round it has now raised a total of over USD 200 million.
- Foodpanda gobbles up rival JustEat India; combined entity to have 250 employees in IndiaFoodpanda also acquired Room Service in Malaysia, City Delivery in Philippines, Eat Oye in Pakistan and Koziness in Hong Kong.
- Rocket Internet to merge Jabong with four global e-Commerce firmsThe deal is expected to close later in the year. GFG will focus on growth markets, covering 23 countries with a EUR 330 billion fashion mar...
- Samwer bros' Rocket Internet spending big bucks to gain foothold in Indian e-com industryRocket Internet GmBH - founded by siblings Marc, Oliver and Alexander Samwer - is often attacked for cloning successful US start-ups in eme...
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