Europe has been talking for weeks about the possibility that the Samwer brothers, Germany’s uber clonemeisters, may be taking some or all of their copycat empire public. Would it be a victory for Europe’s startups? Or confirmation that they lack imagination? Read more »
The Swedish investor has become a new backer of Billpay, a Samwer brothers operation and PayPal rival that’s talking expansion – but what kind? Read more »
Swedish investment group Kinnevik has cut its ties with Groupon, selling up its remaining stake in the daily deals company for $81.5 million — a shareholding that was valued at almost $200 million when the company went public in November. Read more »
After enduring a torrid few months, Groupon has confirmed a shakeup of its international business, bringing in a new chief to oversee operations outside America. But why has outgoing chief Marc Samwer been replaced? Read more »
Germany’s Samwer brothers are notorious as Europe’s chief cloners of web companies through their Rocket Internet vehicle. But we discovered their empire of e-commerce copycats is increasingly global, with companies operating in more than 50 countries worldwide. Read more »
Social gifts startup Wrapp says it is massively speeding up its expansion plans as a direct response to a copycat funded by the notorious German Samwer brothers — and the company’s CEO is warning retailers that doing business with the clone could prove costly. Read more »
It’s become almost cliche to say that the Samwer brothers, Europe’s most successful — and notorious — internet entrepreneurs are publicity shy. A series of exits to the likes of eBay and Groupon have made them millions, but they have tended to keep away from the […] Read more »