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PLDT, Smart firm up partnership with Rocket Internet in Germany

Published on Aug 29, 2014

Top officials of PLDT, Smart Communications and Germany-based global internet company Rocket Internet met in Berlin this week to discuss strategic and operational matters following PLDT's recent €333 million investment in Rocket Internet, largest and fast-growing retail e-commerce player outside the United States and China. A Philippine-based global joint venture between the two groups is also being set up to focus on mobile commerce and mobile payment solutions for emerging markets. In photo at the Rocket Internet head office shows, from left, PLDT President and CEO Napoleon Nazareno, Rocket Internet Founder and CEO Oliver Samwer, PLDT Chairman Manuel Pangilinan, Smart Chief Wireless Adviser and PLDT-Rocket Internet JV Head Orlando Vea, and Rocket Internet Group Managing Director Alexander Kudlich.

Photo shows (from left) PLDT president Napoleon Nazareno, Rocket Internet founder Oliver Samwer, PLDT chairman Manuel V. Pangilinan, PLDT-Rocket Internet JV head Orlando Vea and Rocket Internet group managing director Alexander Kudlich.
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