Acquisitions Rocket Internet intends to sell 8.8% of remaining stake in Lazada to Alibaba for $276millionBy Staff WriterJune 28, 2017 Rocket Internet has announced today it intends to sell its remaining 8.8% stake (fully-diluted) in…
Business Alibaba pays $1billion for Rocket Internet’s LazadaBy AdeOApril 12, 2016 In a bid to expand and penetrate South-East Asia’s e-commerce sector, China’s Alibaba has paid…
Business Rocket Internet’s Lamido to shut down in Asia; merges with Lazada.By Staff WriterMarch 12, 2015 Rocket Internet has announced that it will be closing down its Lamido operations in some…
