Thursday 24 May 2018
Rocket Internet

Rocket buys Kuwait food delivery firm Talabat

German e-commerce group Rocket Internet has agreed to buy Kuwait-based food delivery service Talabat for about €150 million  ($169.6 million) as part of efforts to create the biggest delivery network outside China. The m


Foodpanda gets $60 million in financing

Foodpanda, an online take-away food delivery company active in dozens of emerging markets including those in the Middle East, said it had raised $60 million in new financing from a group of investors including existing backer Rocket Internet AG.


iMena, Rocket to launch mobile taxi app

Rocket Internet, the world’s largest internet incubator and iMena Holding, the leading online investor and operator in the Mena region, have partnered to launch ‘Easy Taxi,’ Rocket’s mobile taxi app, in the Middle East.

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