Rocket Internet Sells Food Startups In Spain, Italy, Brazil, Mexico For $140M To Just Eat

 The takeout shakeout continues apace. Since going public in 2014, Rocket Internet has been trying to simplify and reorganize the tangle of e-commerce startups funded and grown by the Berlin-based incubator to make the main business more profitable. Today comes the latest move… Continue Reading

Car Rental Price Comparison Startup Happycar Picks Up Backing From Rocket Internets GFC

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 European car rental comparison startup — or self-styled metasearch engine — Happycar has raised a new $ 1.58 million round of funding. Notable backers include Global Founders Capital, the venture arm of German startup factory and e-commerce behometh Rocket Internet.… Continue Reading