Global Savings Group achieves 3rd place in the Deloitte Technology Fast 50 award – Germany’s fastest-growing technology companiesThe Global Savings Group secures 3rd place in the Deloitte Technology Fast 50 2017 ranking. Deloitte awards the country’s 50 fastest growing technology companies based on revenue growth from the past four years on an annual basis.
Global Savings Group Secures USD 23M in Financing to Strengthen its Offering Outside of CouponingThe Global Savings Group, a leading global digital commerce platform for publishers, advertisers and consumers, has just secured USD 23m (EUR 19m) in financing. The funding comes from Holtzbrinck Ventures, Rocket Internet, Deutsche Telekom Venture Funds, ru-Net and Deutsche Bank.
Global Savings Group continuously on path of global Growth with record results and profits in 2016• New record result in operating business – Profitability in 2016 // • Total GMV up 99.4% to EUR 463m in 2016 // • Rebranding of CupoNation Group into Global Savings Group // • Continuous growth of global reach – Successful extension of brand portfolio
HelloFresh pursues global growth story with strong performance in Q2 2017• Continued strong revenue growth in Q2 2017 of 53% vs. Q2 2016 to over EUR 230 million // • Robust performance across all key performance indicators // • Consistent margin expansion vs. Q2 2016: gross margin up c. 2 points to 59%; adjusted EBITDA margin up c. 5 points
Online Cleaning Marketplace Helpling secures investment from Unilever VenturesHelpling, Europe’s leading marketplace for booking household services like home cleaning, has announced today that it has secured an investment from Unilever Ventures. The investment by Unilever, one of the world’s largest consumer goods companies, marks an important milestone in the home service industry.
Zipjet announces increased investment from HenkelZipjet, the on-demand laundry and dry cleaning service, today announces that existing shareholder Henkel increased its total investment in the business. Henkel’s Laundry & Home Care business unit has been a strategic investor in the startup since August 2016.
Global Savings Group is partnering with Tradera to strengthen the Nordic footholdThe Global Savings Group (“GSG”), a leading operator of a global online platform that curates and distributes shopping recommendations, deals, and discounts worldwide, has announced its partnership with Tradera, the leading online auction-style marketplace in Sweden, expanding its efforts in the Nordics.
Daraz and Kaymu become one e-commerce platformDaraz Group announced today that the union of the two e-commerce giants Daraz and Kaymu, last year, is now complete. Daraz and Kaymu Merges-Become One E-Commerce Platform. Going forward, there will only be one active website – www.daraz.pk – through which the e-commerce leader will continue to grow its seller and customer base.
Success of an On-Demand Staffing Platform in Singapore – Over 10,000 Downloads in Less than a Month of App ReleaseUShift (www.ushift.com.sg) released their App a month ago. The Singapore based company provides a platform that matches hourly-waged workers with employers in a fast and convenient way. UShift is part of the Asia Pacific Internet Group (APACIG), a Joint Venture between Rocket Internet and Ooredoo.
Cleaning Platform Helpling Rolls out its Global Brand to the UK and IrelandHassle.com, the European pioneer for booking a trusted and local cleaner online, today announced that the company has rebranded to Helpling in order to extend its market leadership in the UK and Ireland. This move takes place two years after Hassle.com was acquired by Helpling, Europe’s leading online marketplace for booking household services online.
Delivering cashless e-commerce in AfricaAfrica’s online retail sector presents an exciting opportunity for retailers to grow their businesses by connecting with new customers. According to Jumia, Africa’s number one online retailer, the e-commerce sector must focus on delivering a stronger consumer experience if it is to reach its full potential of developing into a $50 billion industry by 2018.
Delivery Hero announces acquisition of Middle Eastern delivery service CarriageDelivery Hero Group (“Delivery Hero”), the leading global online food ordering and delivery marketplace, announced today it has agreed to acquire* Carriage, a young and fast-growing food delivery platform based in Kuwait and operating in the Gulf Council Countries (GCC).
ZEN Rooms announces US$ 4.1M series A funding round to consolidate leadership in Asian budget accommodation market• ZEN Rooms successfully closed a US$4.1M Series A funding round to consolidate its leadership in the South-East Asian budget accommodation market, bringing total funding raised by the company to US$8M // • Financing comes from South Korea’s Redbadge Pacific and SBI Investment Korea, with participation from the Asia Pacific Internet Group (APACIG) // • Funding follows ZEN Rooms’ fast growth in the budget accommodation sector since launching early 2016
Delivery Hero announces strategic partnership with AmRestDelivery Hero GmbH (“Delivery Hero”), a leading global online food ordering and delivery marketplace, announced today that it has entered a regional partnership with AmRest Holding SE (“AmRest”), the largest publicly listed restaurant operator in Central Europe.