Oct 26, 2016
#pizzabo #lastpizza in #bolotown
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#pizzabo #lastpizza in #bolotown
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#RocketInternet sells #LaNeveraRoja #Pizzabo , #hellofood Italy #foodpanda to rival #JustEat
It seams Germany’s Rocket Internet is looking to raise more funds, after successfully raising  $420 million , the company is now selling some of it’s none core businesses for €125 million.
The company announced the decision to sell its takeaway food ordering properties in Spain (La Nevera Roja), Italy (Pizzabo and hellofood Italy) and also it’s  foodpanda subsidiary in Brazil and Mexico, to it’s rival Just Eat for the sum of €125 million, in order to "reduce complexity". CEO of Rocket Internet, Oliver Samwer, said:Â
“The online takeaway market remains a core focus of Rocket Internet’s business strategy with the significant ownership in the market leaders Delivery Hero and foodpanda. Today’s transactions are clearly aimed at reducing the complexity of Rocket Internet’s network of companies.”
Co-founder and CEO of foodpanda, Â Ralf Wenzel, explained why they decided to sell the Latin America subsidiary:Â
“The divestment in Latin America allows us to focus on our key markets across Asia, the Middle East and Eastern Europe where foodpanda has a market leading position and to which we can now dedicate more resources and capital to grow our business and improve the efficiency of our operations."
Il marketplace digitale di consegna cibo rileva quattro attivit
Nice to see my country grew up quickly in the last year.