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>> PHILIPPINES Latest News

DEC 31, 2013 - Forbes

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Keeping up with Rocket's Southeast Asian Adventures

Beginning with fashion site Zalora in the Philippines in late 2011, Germany’s Rocket Internet has since been hatching dozens of copycat e-commerce sites in Southeast Asia and the general vicinity--and quickly shutting down some of them. It’s invested at least $200 million already in Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam--perhaps up to $300 or $400 million if Rocket start-ups are spending tens of million of marketing dollars in each country, as rumored.      Rocket Internet's Start-Ups in East and Southeast Asia    (As for the general vicinity: Rocket startups ... Read More

Tags: Keeping up with Rocket's Southeast Asian Adventures,  Philippines Latest News