Rocket Internet to close grocery delivery service in Germany

July 15, 2015 publisher attorney-david, australia, business, darkode, delivery-since, indonesia, julian-castro, malaysia, online-fashion, rocket-internet, spokesman-said, the-integrity, venture-capital, vietnam, white-house

German start-up investor Rocket Internet is closing down its grocery delivery service Shopwings in Germany due to a lack of cooperation from retailers and regulatory hurdles. A Rocket Internet spokesman said the business that only launched last year in Berlin and Munich would focus instead on expanding in Australia as well as in Malaysia, Thailand, Vietnam, Indonesia and the Philippines. Europe's largest Internet company prides itself on needing only 100 days to go from concept to launch of a new firm, establishing dozens of start-ups from online fashion to home furnishings and food delivery since it was founded in 2007.

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Rocket Internet to close grocery delivery service in Germany