There are so many interesting stories out there, and unfortunately we don’t have the time to cover all of them. With our section “Worth reading”, we provide you once in a while with some links to interesting articles of other publications:
Ian Monk, a former UBS Executive who set his wife up with the Bathrooms.com website to keep her “from getting bored“, has sold a £7.5 million stake in the UK-based business to Lord Jacob Rothschild’s Augmentum Capital Fund. The deal values it at around £20 million. Read more and visit The Telegraph.
BlablaCar, a European carpooling marketplace that connects any driver with empty seats with paying passengers, has now launched its iPhone app in the UK. The app connects drivers who have spare seats with paying passengers. For further info about BlablaCar and its competitor Carpooling, visit TechCrunch Europe.
The Samwer brothers’ Swedish backer Kinnevik has spent €300 million on Rocket Internet over last quarter. In its 2012 Q1 results, Kinnevik reports an approx. €300 million investment in Rocket Internet and portfolio companies over the last three months, about the same (€305 million) that it invested over the whole of 2011. Read more by visiting VentureVillage (Update – February 2023: The articles seem to be out of use, and we therefore deactivated the original links).
GetTaxi has today announced the release of the second version of its cab-ordering iOS app, as it seeks to capitalize on its growth over the past two years. Founded in 2010, GetTaxi has since raised more than $10 million in funding, and its mobile apps now serve users in the UK, Israel and Russia. Find out more about GetTaxi on TheNextWeb.
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[…] programmers. So does think Rocket Internet, the german e-business reference in Europe, recently muscled with additional €300 million, who just opened a development center in […]