Page 31 - Rocket Internet News Today

Since opening her first storefront in Chicago’s Gold Coast neighborhood in 2001, Ikram Goldman has single handedly put America’s Second City on the fashion map. Her eponymous boutique, which moved to a bigger location in 2011, is home to some of the world’s most illustrious designers and their straight-off-the-runway designs–Goldman’s brand roster includes Comme des Garçons, Sacai, Givenchy, Valentino, Fendi, Stella McCartney, and more. Inside her lacquered, crimson-splashed shop wit...

Moonpig Soars After $672 Million IPO Amid Online Retail Boom Bloomberg 2/2/2021 Swetha Gopinath © Bloomberg A Moonpig logo on a mobile phone arranged in London, U.K., on Thursday, Jan. 21, 2021. Moonpig Group Plc said it intends to list in London, buoyed by an acceleration in online shopping amid the coronavirus pandemic. (Bloomberg) -- Moonpig Group Plc soared in its London trading debut after the online greeting-card company and its shareholders raised 491 million pounds ...

Nigerian digital bank Carbon hit $240M in payments processed last year, up 89% from 2019 In 2018, Carbon, a Nigerian fintech startup, made its financials public for the first time. Although typical for foreign private startups, it’s almost an anomaly in Africa. There have been rare cases in the past, for instance, when Rocket Internet had to include Jumia’s financials in its yearly reports after going public. At the time, the German investment outfit was a founding shareholder in the Africa...

Berlin Brands Group commits $302M to acquire D2C and Amazon merchants If the rise of direct-to-consumer businesses has been one of the big e-commerce trends of the last decade, then the growth of startups raising huge rounds to consolidate D2C players, to bring more economies of scale to the model, has definitely been a related theme of the past year. In the latest move, a startup out of Germany called the Berlin Brands Group has announced that it plans to invest €250 million (about $302 mill...

AC Milan signs Jeeny as official regional partner January 25, 2021 AC Milan and Jeeny have announced a multi-year partnership that will see the latter become the Official On Demand Transportation Partner of the Men’s and Women’s First Team in Saudi Arabia, Jordan and UAE. MILAN — AC Milan and Jeeny have announced a multi-year partnership that will see the latter become the Official On Demand Transportation Partner of the Men’s and Women’...

  Tat:BizPay allows business owners to convert their credit card limit into an interest-free cash flow stream for their business, for up to 55 days[1]. The platform will allow business owners to use their credit card to pay local vendors that do not accept credit card. Businesses now gain full control of costs, by eliminating fees and charges associated with other credit solution options.   Tat:BizPay provides greater flexibility, ease and speed to the payment of salaries, rent, and supplier...

Rocket Internet surges after Elliot Management takes 15% stake, complicating its plans to go private Matthew FoxDec 30, 2020, 00:49 IST FILE PHOTO: FILE PHOTO: Paul Singer, founder and president of Elliott Management CorpReuters Rocket Internet surged on Tuesday after it was revealed that activist investor Elliott Management, led by Paul Singer, took a 15.1% stake in the German-based tech startup incubator. The recent position by Elliott could complicate Rocket Internets previously announced ...

Opinions expressed by Entrepreneur contributors are their own. In the past decade, mobility in all corners of the world has changed quite significantly, with tech startups such as Uber, Didi and Grab and personal transportation solutions like e-scooters and Tesla’s autopilot system reshaping how humans go from one place to another. However, according to a myriad of climate change researchers, the recent developments in the mobility sector are far from sufficient to even slightly reduce the...

Gaucho Group Holdings, Inc.: Gaucho Group Holdings Appointments David Reinecke to Board of Advisors NEW YORK, NY / ACCESSWIRE / December 29, 2020 / Gaucho Group Holdings, Inc. (OTCQB:VINO), a company that includes a growing collection of e-commerce retail platforms with a concentration on fine wines, luxury real estate, leather goods, accessories, and luxury home items, today announces the addition of David Reinecke as a member of its Board of Advisors. Gaucho Group Holdings, Inc. believes Mr. ...

Breakingviews 3 Min Read Xavier Niel, founder and majority-owner of French broadband Internet provider Iliad attends the companys 2017 annual results presentation in Paris, France, March 13, 2018. LONDON (Reuters Breakingviews) - American cultural imports are often regarded with froideur in France. Recently, telecoms mogul Xavier Niel and banker Matthieu Pigasse received a warmer reception for their U.S.-style special purpose acquisition company focused on consumer goods. Despite the product�...