@TheNextWeb tweets related to: Latin America, Rocket, Internet, Tengelmann, Linio

Rocket Internet's efforts to kickstart its e-commerce focused-startups in emerging markets got a significant bump today after Linio, its Amazon clone specializing in selling consumer goods in Latin America, landed new funding. The deal was announced as an undisclosed '8-digit Euro sum', but sources at Rocket Internet tell us it is worth between $15-$20 million.
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Rocket Internet regular Tengelmann invests 'up to $20m' in Linio, its Amazon clone for Latin America http://t.co/B7tV9Rr3 by @jonrussell

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