Today in Germany: Scout24, Helpling

IMG_6090 - Version 3
IMG_6090 - Version 3


Helpling shuts its business in 4 countries and fires 20% of its staff

Rocket Internet’s cleaning service Helpling has raised over €56 million. After having launched in 14 countries, it now shuts down in Brasil, Sweden, Spain and Canada. Letting 1/5 of its staff go, is normal, said Helpling’s founder Benedikt Franke.
[Gründerszene] (German)

Scout24 goes public

German digital classified ads company Scout24 went public today. This gave the company an overall market value of about €3.2 billion.

Image: Some rights reserved by katerha