DUBAI/WAM Solico Group, a food manufacturing company in the Middle East region, has launched SoFood, …
Read More »Rocket internet gets boost as its coupon startup has profit
Bloomberg Rocket Internet SE-backed e-commerce coupon business Global Savings Group became profitable for the first time, a boon for the Berlin-based startup factory that’s been under pressure to prove it can turn its units into money-making machines. Global Savings, about 40 percent owned by Rocket, said its gross merchandise value, a measure for sales it generates for retailers, about doubled …
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