Today in Germany: Rocket Internet, TVSmiles, Netstpick, Foodpanda

Screen Shot 2015-12-08 at 16.14.38
Screen Shot 2015-12-08 at 16.14.38


Oliver Samwer at TechCrunch Disrupt

“We basically build our own model. Choose a model that has network efforts more within a country, instead of globally. Secondly, not too cash intensive. Thirdly, a lot of other factors come into play and I think we try to avoid battlefields that are too intensive,” Rocket Internet CEO Oliver Samwer states in an interview with Mike Butcher. Below the TC article, you’ll find the video.

TVSmiles lets 20 people go

Berlin-based second screen app TVSmiles expanded to Great Britain earlier this year with fresh investment. Unfortunately, that didn’t work out as planned. With that event, 20 of 69 people have to leave the company.
[Gründerszene] (German)

Nestpick raises another €2 million

Berlin-based Rocket Internet-backed medium-rental startup Nestpick raises another €2 million for growth from Target Global and b-to-v Partners. Just last month, the startup announced a €11 million investment. The fresh cash will be used to improve customer experience.

Foodpanda sells Vietnam business to

Rocket Internet-backed food delivery platform Foodpanda sells its business in Vietnam to its competitor, which belongs to Dutch-based TakeAway also acquired Germany’s Lierferando last year.
The amount of the deal stays undisclosed.
[TechAsia], [Gründerszene] (German)

Image: Screenshot Video TechCrunch