3 results
- 16 Jul 2013
Rocket Internet is $Bn Company, World’s Largest Internet Incubator
Rocket Internet has announced that it has raised a total of $500 million from partners Investment AB Kinnevik and Access Industries since May 2012, representing the largest investment ever made in an…
- 20 Jan 2014
Online Cross-border Trade to reach $130Bn by 2020 - Report
The value of online exports in six of the top e-commerce markets will grow fivefold to $130 billion by 2020, with Britain currently generating the biggest online trade surplus by selling more goods…
- 30 Jun 2016
Falling Sales, Naira Devaluation Hobble Rocket Internet’s Growth
When German e-commerce investor Rocket Internet launched Jumia in 2012 as a would-be African Amazon, it was optimistic that a rapidly expanding middle class would quickly shift from street markets to…