AAA Joanne Faulkner – Page 56

JP Morgan extends Rocket spending

 US financial firm JP Morgan has continued backing Germany-based incubator Rocket Internet’s portfolio, with its latest investment, a stake in Lazada, the Southeast Asian equivalent of Amazon. VentureVillage reports (from a source at Rocket Internet) that the investment is a double-digit million sum. This would bring JP Morgan’s total reported recent investment in Rocket to… Continue reading JP Morgan extends Rocket spending

Geopost delivers for Worldnet Direct

Geopost, an express delivery service owned by the second largest postal group in Europe, La Poste, has invested in International logistics provider Worldnet Direct, the UK division of US shipping company Worldnet Shipping. The UK-based Worldnet Direct, which is primarily a fashion shipping specialist, has developed a service for online retailers which will fully launch… Continue reading Geopost delivers for Worldnet Direct