Rocket Internet Archives - Inside Retail Asia
Is Zalora Indonesia for sale? Fresh after selling off a chunk of the Philippines business, Rocket denies further Asian withdrawal.
Food-ordering service Delivery Hero has acquired Emerging Markets Online Food Delivery Holding, the parent of the Foodpanda business.
Logistics startup Easyship has raised an undisclosed amount of pre-series A funding from 500 Durians.
Fashion brand Grana is raising US$10 million in a Series A funding round led by Alibaba.
With operating losses nearly halved, Lazada and Zalora parent Global Fashion Group has reported a 36.3 per cent rise in sales.
Foodpanda India, which last year faced allegations of internal fraud, is reported to be raising fresh capital.
UberEats Singapore has launched, the ride-hailing app’s food-delivery service making its Asian debut.
Thai retailer Central Group Vietnam is putting the brakes on its acquisition spree to focus on consolidating profit.
Following its launch, Rocket Internet’s shopping discount site CupoNation Malaysia is soaring.
Thailand’s online fashion and beauty marketplace WearYouWant has warned startups that investors are demanding a clear strategy toward profitability.
Online retailer Lazada Malaysia claims it had at least double-digit growth in sales last year, yet is still losing money.
Investors have injected US$339 million lifeline into GFG, which owns the struggling Rocket Internet fashion websites.