Friday, October 21, 2016
Rocket Internet SE ejected from India
http://economictimes.indiatimes.com/small-biz/money/rocket-strategy-of-betting-on-entrepreneurs-failed-in-india/articleshow/54973104.cms
Perhaps they will be ejected from Australia, Russia and many Latin American countries soon!
Rocket Internet SE has Euros 1.7 Billion cash to burn. (Inside Rocket Internet’s Ailing Startup Factory)
http://onlinedatingsoundbarrier.blogspot.com.ar/2016/10/rocket-internet-se-has-euros-17-billion.html
Many if not most, USA, Canadian or European businesses models are unfeasible in Latin American countries, African countries, Russia or even Australia because transportation costs could be 10 times bigger than in Europe.
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