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rocket internet

rocket internet latest

The Emirati, who made his name at Emaar, also has several other e-commerce plays going after acquiring a large stake in regional venture capital fund MEVP last Thursday. (File photo)
May 24th, 2017 - 01:29 GMT

Emaar's Alabbar Acquires Majority Stake in E-commerce Site Namshi

Emaar Malls has acquired a 51 percent stake in Namshi - the latest move by Emirati billionaire Mohamed Alabbar.
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Rocket Internet sees the app being connected to 60,000 to 70,000 cars in Saudi Arabia, and “tens of thousands” in the UAE.
October 24th, 2013 - 11:04 GMT

Taxi-ordering app raises largest investment in Middle East's mobile applications history

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