Notorious “super-incubator” Rocket Internet is ramping up in the Middle East. Rocket and telecom provider MTN Group are partnering to form Middle East Internet Holding which will develop Internet businesses in the region. MTN plans to invest up to $410 million dollars into MEIH and Africa Internet Holding, which supports Rocket’s Internet companies in Africa.
Rocket Internet is increasing its focus on the Middle East after it announced plans to pump €300 million (around $410 million) in the region and Africa via two new projects with South Africa carrier MTN.
NOTE: TECHi Two-Takes are the stories we have chosen from the web along with a little bit of our opinion in a paragraph. Please check the original story in the Source Button below.
TECHi weighs both sides before reaching a conclusion.
TECHi’s editorial take above outlines the reasoning that supports this position.
Google was in a perfect position to dominate the mobile messaging and social networking markets while they were still in…
LeEco is one of the numerous smartphone companies that are pretty big in China, but virtually non-existent elsewhere. However, whereas most of…
Japan is already one of most tourism-friendly countries in the world, even going so far as to offer free Wi-Fi…
In case you haven't been keeping up with this week's batch of gaming rumors, images of the controller for Nintendo's next…
