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
The Samwer Brothers and Rocket Internet are not slowing down in the new year with the rollout of new online properties to further populate their e-commerce empire. What’s perhaps surprising, given the current economic climate in Europe, is that the latest effort is taking on the luxury goods industry: Emeza (sounds like Amaze-ah) follows in the footsteps of sites like Net-a-Porter by offering… → Read More
E-commerce, by its very nature, is an online business, but you can’t always get away from the expense of bricks and mortar entirely. And so it is with the Samwer brothers‘ Zalando, which originally launched as a Zappos clone but has since expanded from shoes into general fashion. It has announced that it’s secured long-term debt financing of €40.7 million (approx. $52.6m), from Commerzbank… → Read More
Zalando, the shoe and fashion e-commerce site originally started as a clone of Zappos by the Samwer brothers, is gearing up for another phase of growth. The company today announced that it has closed another round of funding, adding J.P. Morgan Asset Management and Quadrant Capital Advisors as its newest backers.
As with past rounds of financing — and as with many other Samwer investments … → Read More
As the competition looks set to turn up the heat, StylistPick, the fashion buying site backed by Accel Partners and Index Ventures, has appointed ex-UK editor of Marie Claire, Juliet Warkentin, as Chief Creative Officer and Co-Founder.
Most recently, Warkentin was Content Director at style trend analysis firm WGSN, while prior to this she has also held the role of Internet director at Arcadia… → Read More
Zalando, the Zappos clone started by the Samwer brothers through their investment vehicle Rocket Internet, has closed a new round of funding. The amount remains undisclosed but according to multiple sources it’s designed to supercharge the German e-commerce behemoth to the next level. Although speculative, when looking at the site’s traffic and data from similar sized companies, the… → Read More
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