Rocket Internet Archives - Inside Retail Asia

Zalora Indonesia future under a cloud

Is Zalora Indonesia for sale? Fresh after selling off a chunk of the Philippines business, Rocket denies further Asian withdrawal.

Delivery Hero takes control of Foodpanda

Food-ordering service Delivery Hero has acquired Emerging Markets Online Food Delivery Holding, the parent of the Foodpanda business.

Easyship raises more funding

Logistics startup Easyship has raised an undisclosed amount of pre-series A funding from 500 Durians.

Alibaba leads $10m investment in fashion brand Grana

Fashion brand Grana is raising US$10 million in a Series A funding round led by Alibaba.

Revenue up 36pc for Zalora parent

With operating losses nearly halved, Lazada and Zalora parent Global Fashion Group has reported a 36.3 per cent rise in sales.

Foodpanda India looking to raise $50m

Foodpanda India, which last year faced allegations of internal fraud, is reported to be raising fresh capital.

UberEats Singapore hits the road

UberEats Singapore has launched, the ride-hailing app’s food-delivery service making its Asian debut.

Central Group Vietnam halts buying spree

Thai retailer Central Group Vietnam is putting the brakes on its acquisition spree to focus on consolidating profit.

CupoNation Malaysia takes off like a rocket

Following its launch, Rocket Internet’s shopping discount site CupoNation Malaysia is soaring.

Profitability path key, says WearYouWant CEO

Thailand’s online fashion and beauty marketplace WearYouWant has warned startups that investors are demanding a clear strategy toward profitability.

Lazada Malaysia claims double-digit growth

Online retailer Lazada Malaysia claims it had at least double-digit growth in sales last year, yet is still losing money.

New lifeline for sagging Rocket Internet fashion sites

Investors have injected US$339 million lifeline into GFG, which owns the struggling Rocket Internet fashion websites.