Ooredoo and Rocket Internet joined forces in August 2014 to create the Asia Pacific Internet Group (APACIG), a partnership that aims to build and fund online start-ups, with ventures ranging from online retail and marketplaces to classified services

Ooredoo has won the “TMT Innovation Award” during the TMT Mena Awards 2015 held recently in Dubai for its innovative partnership with Rocket Internet, a Germany-based incubator for online companies.
Ooredoo and Rocket Internet joined forces in August 2014 to create the Asia Pacific Internet Group (APACIG), a partnership that aims to build and fund online start-ups, with ventures ranging from online retail and marketplaces to classified services.
Since its launch, APACIG has become a leading online platform in Asia, building top Internet companies that have continued to grow and expand through 2015.
In addition to managing the operations of 14 companies across 15 markets within the Asia Pacific, APACIG has launched four new ventures in the past year: ShopWings, Printvenue, Helpling, and SpaceWays.
It also expanded its online jobs classifieds venture, Work.com.mm, in Myanmar into Sri Lanka, Cambodia, and Nepal under the Everjobs brand.
The company has also facilitated the merger of two of Asia Pacific’s leading online comparison shopping businesses, PricePanda and Getprice, under the “Next Commerce” banner with the aim of creating a market-leading network across the region.
Ooredoo Group CEO Dr Nasser Marafih said, “This award is a testament to the successful partnership we have established with Rocket Internet in 2014.
The attractiveness of this partnership is that it enables Ooredoo to enrich people’s lives in Asia, where there is a big entrepreneurship community and a notable need for funding and support.
“e-Commerce is part of Ooredoo’s strategy to invest in new businesses and develop ideas that will grow to become full-fledged businesses with continuous revenue streams.
We are delighted to be recognised for our efforts in supporting young entrepreneurs and seeing their brilliant innovations come to light.”




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