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kinnevik

Rocket Internet's Amazon clone Lazada lands $40m more, as Swedish retailer Kinnevik invests

thenextweb.com
There’s more huge funding news for Lazada, the Rocket Internet-backed Amazon clone for Southeast Asia, after the German incubator announced that the startup has secured more than $40 million in investment from Swedish retail giant Kinnevik. That investment was made during the last quarter when the startup also landed undisclosed...
Rocket Internet's Amazon clone Lazada lands $40m more, as Swedish retailer Kinnevik invests

JP Morgan Chips In For Another Rocket Internet Venture: Russian Fashion Site Lamoda

techcrunch.com
Less than a month after JP Morgan put an undisclosed investment into Zalando, the Zappos-like European shoe site from the Samwer brothers, the bank is taking an equity stake in another Rocket Internet fashion business: Lamoda.ru in Russia, a site with 5 million unique users and 500,000 “loyal customers,” a...
JP Morgan Chips In For Another Rocket Internet Venture: Russian Fashion Site Lamoda

Rocket Internet's Linio, The Amazon Of Latin America, Raises $26.5M From Summit Partners. Rinse And Repeat.

techcrunch.com
Another Rocket Internet-incubated e-commerce company gets a significant cash injection today: Linio, the so-called ‘Amazon of Latin America’, has raised a €20 million (~$26.5m) round from previous backer Summit Partners. It’s also the second investment for Linio this month after German retail company Tengelmann Group announced it had invested a...
Rocket Internet's Linio, The Amazon Of Latin America, Raises $26.5M From Summit Partners. Rinse And Repeat.

Russia's Avito Becomes World's 3rd Biggest Classifieds Site After Naspers Deal

techcrunch.com
South Africa’s Naspers has agreed to merge its two Russian online classified Web site with Avito in a $570 million deal that will make Avito the world’s third biggest classified site after Craigslist and China’s 58.com. As part of the deal, Naspers’ Web sites Slando.ru and OLX.ru will be merged...
Russia's Avito Becomes World's 3rd Biggest Classifieds Site After Naspers Deal

Mobly, Rocket Internet's Home Furnishings Site In Brazil, Raises Up To $20M From LatAm Media Giant Cisneros Group

techcrunch.com
Rocket Internet, the Samwer brothers’ Berlin-based incubator that runs a vast global empire of e-commerce startups, is picking up a new, sizeable investor in Brazil. The Cisneros Group, the Latin American media powerhouse that owns TV, digital, and other assets, is investing up to $20 million in Mobly, a Brazil-based...
Mobly, Rocket Internet's Home Furnishings Site In Brazil, Raises Up To $20M From LatAm Media Giant Cisneros Group
Rocket Internet-Backed FoodPanda Raises $26M As It Prepares For The Next Course In Its Food Delivery Ambitions
How Summit could bring some class to Rocket’s Westwing
Zalora, Rocket Internet's SE Asian Zappos Clone, Raises $100M More From Summit, Kinnevik And More

After one year, Airbnb rival Wimdu is big. How big? $132 million a year big

thenextweb.com
Airbnb competitor – and some would say clone – Wimdu has only been around for about a year, and it’s already a huge business. In fact, we caught up with Wimdu CEO Arne Bleckwenn at the London Web Summit earlier this week, and he told us that there’s a big...
After one year, Airbnb rival Wimdu is big. How big? $132 million a year big
Russian classifieds startup Avito.ru grabs $75M

Rocket Internet's New Site Reveals A Huge Global Cloning Operation In Full Flow

techcrunch.com
Rocket Internet, the secretive incubator vehicle and some-time clone factory piloted by the billionaire Samwer Brothers out of Berlin, is all of a sudden becoming more open about its activities. Local blog Deutsche Startups has noticed that instead of a pretty dull home page, Rocket’s site has now been spruced...
Rocket Internet's New Site Reveals A Huge Global Cloning Operation In Full Flow

Lazada, Rocket Internet's Amazon for Southeast Asia, raises $100m as it aims for profitability by 2015

thenextweb.com
Rocket Internet is bringing yet more investment to its e-commerce businesses in Southeast Asia, after Lazada — its Amazon-like marketplace service — announced the closure of a $100 million round of investment. The deal comes less than one month after its sister site — fashion store Zalora — also raised...
Lazada, Rocket Internet's Amazon for Southeast Asia, raises $100m as it aims for profitability by 2015
Funding Daily: Hannukah is over

Samwers' Online Shopping Mall Lazada Gets $40M From Kinnevik To Push The Amazon Model In Asia

techcrunch.com
Amazon’s global march has yet to take it into emerging markets like Vietnam and Malaysia, so the Samwer brothers have smelled an opportunity to build out their own version in the absence of Amazon itself. Lazada, an Asia-focused “online shopping mall” that has come out of the bothers’ German incubator...
Samwers' Online Shopping Mall Lazada Gets $40M From Kinnevik To Push The Amazon Model In Asia

The ethics of cloning: Why 'original' isn't always essential

gigaom.com
Another day, another massive wad of cash flying Rocket Internet’s way. This time it’s JP Morgan again, putting somewhere between $40m-$80m into the Samwer Brothers’ Lamoda fashion site. Lamoda is of course a Russian version of Rocket’s Zalando, which is in turn a clone of Zappos. JP Morgan has already...
The ethics of cloning: Why 'original' isn't always essential
The Samwers are trimming their portfolio: Here’s why
Groupon shareholder Kinnevik heads for the door

Dafiti, The Latin American Zappos, Raises Further $65M Led By Quadrant Capital Advisors

techcrunch.com
Following a $45m investment from J.P. Morgan Asset Management as recently as August, Dafiti, a Brazilian/Latin American Zappos, has added a further $65m to its coffers, bringing the total raised in less than two years since launch to a whopping $180m. Today’s round is led by New York-based Quadrant Capital...
Dafiti, The Latin American Zappos, Raises Further $65M Led By Quadrant Capital Advisors
Glossybox shines with $72.4M to beautify the world, 1 travel-sized product at a time
Clone factory Rocket finally comes clean

We want shoes and fashion, baby - JP Morgan invests in Zalando

venturebeat.com
US financial firm JP Morgan and Quadrant Capital Advisors are to become the latest investors in fast-growing Internet retail empire Zalando. Zalando broke the news today, with a brief press release announcing a successful conclusion of talks. The amount invested and terms are undisclosed, though a Zalando spokesperson told VentureVillage both new...
We want shoes and fashion, baby - JP Morgan invests in Zalando

Rocket Internet Raises Another $26M For Lazada, Its Asian Amazon Clone, As It Ramps Up Its Marketplace Ambitions

techcrunch.com
Rocket Internet is continuing its aggressive push in Asia, and is turning to more investment to do it: today the company announced that Lazada, its online shopping mall — think Amazon here — has picked up another €20 million ($26 million), this time led by Summit Partners. It will be...
Rocket Internet Raises Another $26M For Lazada, Its Asian Amazon Clone, As It Ramps Up Its Marketplace Ambitions

Rocket Internet-backed Namshi lands $13m to grow its online fashion store for the Middle East

thenextweb.com
Namshi, an popular online fashion store in the Middle East that was started by the Samwer brothers’ Rocket Internet accelerator, has raised $13 million in funding from growth equity firm Summit Partners. The private investment firm regularly backs Rocket Internet ventures, particularly in emerging markets: see its investments in Linio,...
Rocket Internet-backed Namshi lands $13m to grow its online fashion store for the Middle East
Fashion-Focused Blog Aggregator Bloglovin Raises $1M From Betaworks And Others

Rocket-backed online fashion store ZALORA goes full throttle, raises $100 million round

thenextweb.com
Holy monster funding round. ZALORA, the South-East Asian online beauty and fashion store started in 2012 by the Germany-based startup accelerator Rocket Internet, has raised $100 million (not a typo) from regular Rocket co-investors Summit Partners, Kinnevik, along with Verlinvest and Tengelmann Group. The rounds marks one of the largest...
Rocket-backed online fashion store ZALORA goes full throttle, raises $100 million round
Russia’s Avito.ru raises $75M for Craig’s List style classified ads
Fashion & beauty startup Zalora scores $100M investment to grow in south-east Asia

German high-end shopping club WestWing closes $50m funding round led by Summit Partners

thenextweb.com
Talk about record funding rounds. German high-end shopping club WestWing has taken on a whopping $50m funding round according to VentureVillage, with US firm Summit Partners joining existing funders Access Industries, Holtzbrinck Ventures, Investment AB Kinnevik and Rocket Internet in backing the site. WestWing adopts a familiar flash-sale shopping club...
German high-end shopping club WestWing closes $50m funding round led by Summit Partners

Avito.ru takes $75 million for Russian small web ads

paidcontent.org
Russia’s online listings market could be about to explode, and investors want a piece of it. Avito.ru, the country’s leading classified ads site, is taking a big $75 million venture round from Accel and Baring Vostock plus previous backers Kinnevik and Northzone. The company wants to add more primary e-tail...
Avito.ru takes $75 million for Russian small web ads

Tengelmann continues its Rocket Internet interest, this time investing $26m in Asian Zappos clone Zalora

thenextweb.com
Six months after JP Morgan pumped an undisclosed sum into Zalora, a Southeast Asia-focused Zappos clone launched by the infamous Rocket Internet incubator, news has emerged that the online footwear and fashion retailer has nabbed another funding round, this time courtesy of Europe’s Tengelmann Group. Zalora was launched in early 2012,...
Tengelmann continues its Rocket Internet interest, this time investing $26m in Asian Zappos clone Zalora
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