Rocket Internet, the German incubator that’s so often viewed as a tech ‘clone factory’, is furthering its efforts to grow a global e-commerce empire after announcing_plans to develop payment services for emerging markets. The company has_teamed up with Philippines-based telecom company PLDT — the owner of_mobile operator Smart — which will buy a 10 percent chunk of Rocket Internet for_€333 million, that’s approximately_$445 million. The deal gives a first glimpse at an official valuation for Rocket Internet, which is almost $4.5 billion. Last month, the Wall Street Journal reported that the firm_was considering an IPO in Germany at a valuation...
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