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 Internet’s GFC

 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