February 15th, 2013

Berlusconi Outed As Investor In Square Clone Payleven While Rocket Internet’s Zappos Clone Zalando Hits Breakeven

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A double-dose of details today about the normally secretive e-commerce startups incubated by the Samwer bothers-backed Rocket Internet. Silvio Berlusconi was outed as one of the key investors in Square clone Payleven; and Zalando, inspired by Zappos in the U.S., is reporting 2012 net sales of €1.15 billion and reaching breakeven in its core markets of Germany, Austria and Switzerland. → Read More