Stefan Nicola
Stories by Stefan Nicola
Flying taxi startups look to Asian markets for takeoff
Volocopter GmbH of Germany said Thursday it will open a landing facility in Singapore later this year for a trial flight.
After $10b share plunge, Wirecard’s CEO fights back questioning allegations
Braun said that a final report will be available in “a matter of weeks” and that he’s confident it will clear the company and its employees of w
Thiel-backed fintech startup N26 sees valuation jump to $2.7b after GIC-backed round
N26 raised $300 million from Insight Venture Partners, Singapore’s sovereign wealth fund GIC and several existing investors.
Takeaway to buy Delivery Hero’s German unit in $1b cash-cum-stock deal
In the largest deal so far in food delivery in the region, Delivery Hero will also be acquiring an 18% stake in its Dutch rival.
China’s Ping An buys stake in German fintech incubator Finleap
The Chinese behemoth’s $1-billion Global Voyager Fund led the investment round.
The startups Rocket CEO Samwer wants to become the next Zalando
Samwer wants Rocket to behave more like a VC firm and rely less on its earlier model of cloning successful US internet companies.
SoftBank Vision Fund in talks to invest in Germany’s used car portal Auto1
The investment would be SoftBank’s first major deal in Germany.
Rocket Internet-backed HelloFresh set to overtake rival Blue Apron in US
HelloFresh generated sales of 143 million euros ($169 million) in the U.S. in the second quarter, up from 120 million euros in the first three months
Rocket Internet gets unit boost as coupon startup turns profit
Global Savings is active in over 20 countries including Germany, India and Malaysia
What’s happening inside Rocket Internet’s ailing startup factory
Most Rocket startups have struggled, with at least a dozen closing and almost all losing money. On Sept. 2, the company issued its first profit warnin
