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Another new chapter is opening up for
Rocket Internet, the incubator started and run by the Samwer Brothers in Germany. The company is today announcing that
PPR,?luxury and sport & lifestyle group, is taking a ?10 million investment in Bigfoot I, the Rocket holding company that controls Russian fashion commerce site
Lamoda, South American fashion site
Dafiti and also has a stake in
Namshi, the Samwer's fashion effort in the Middle East. It's the first strategic investment made in a Rocket e-commerce startup by a fashion operation.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/_iqEUXDNQ0M/
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