IPO

Wait, Tingo who?

A clone factory label is not flattering, but the Samwer brothers wear it like a neon vest.

Nigerian electronic transaction switching and payment processing company, Interswitch Ltd, is planning to expand into new African markets with its initial public offerings (IPO) in London and Lagos by 2016.

Berlin-based Incubator and the world’s largest internet company clone factory, Rocket Internet GmbH, is planning an initial public offering at $4 billion. Rocket internet is working with Berenberg, JPMorgan Chase & Co. and Morgan Stanley to make the Frankfurt IPO a success. Rocket has investments in many companies worldwide such as  Zalando, Just Eat Plc, […]