Saturday, February 16, 2013

Berlusconi Outed As Investor In Square Clone Payleven While Rocket Internet?s Zappos Clone Zalando Hits Breakeven

Rocket_Internet_logoA double-dose of details today about the normally secretive e-commerce startups incubated by the Samwer bothers-backed Rocket Internet. Silvio Berlusconi was outed as one of the key investors in Square clone Payleven; and Zalando, inspired by Zappos in the U.S., is reporting 2012 net sales of ?1.15 billion and reaching breakeven in its core markets of Germany, Austria and Switzerland.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/ljVYFku614w/

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