Fast-expanding German startup Rocket Internet is promising its new joint venture spinoff will launch one new company per quarter in Asia. Rocket has partnered with Qatari telco Ooreedo to launch an Asia-Pacific spinoff venture APACIG to launch new companies.…
A combination of low interest rates, a growing middle class, and the absence of strict regulations on car ownership has led tech companies to take a keen interest in the Indonesian market. Rocket Internet’s car classifieds site Carmudi has been operating in…
Vehicle marketplace Carmudi, which has presence in Asia, Africa and Latin America, is expanding in Southeast Asia, specifically the Philippines and Indonesia. The company said the automotive sectors in these countries are thriving. The Association of…