{"id":2240,"date":"2013-05-01T00:00:00","date_gmt":"2013-05-01T00:00:00","guid":{"rendered":"http:\/\/worldscreen.com\/tvlatina\/2013\/05\/01\/cisneros-group-invests-in-rocket-internet-outfit\/"},"modified":"2013-05-01T00:00:00","modified_gmt":"2013-05-01T00:00:00","slug":"cisneros-group-invests-in-rocket-internet-outfit","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tvlatina\/cisneros-group-invests-in-rocket-internet-outfit\/","title":{"rendered":"Cisneros Group Invests in Rocket Internet Outfit"},"content":{"rendered":"<p><span style=\"font-size: small\"><span style=\"font-family: Verdana\">MIAMI: The Cisneros Group of Companies has made an initial investment of $10 million in Mobly, a leading home-furnishing webstore in Brazil that is part of the Rocket Internet corporate portfolio. <\/span><\/span><\/p>\n<p><span style=\"font-size: small\"><span style=\"font-family: Verdana\">The total investment, made through Cisneros Interactive Group, could top $20 million in a year. Mobly launched in Brazil just about 18 months ago and already has more than 6 million visits per month. <\/span><\/span><\/p>\n<p><span style=\"font-size: small\"><span style=\"font-family: Verdana\">&ldquo;This investment is part of our commitment to diversify and strengthen our digital business network in the areas of e-commerce and digital advertising,&rdquo; said Adriana Cisneros de Griffin, the vice chairman and VP of strategy of the Cisneros Group.  &ldquo;Mobly is about to break into the traditional retail market of home furniture and d&eacute;cor and expand its dominance throughout Latin America, having the industry&rsquo;s leading selection of top-quality items, excellent customer service and fast delivery that&rsquo;s second to none.&rdquo;<\/span><\/span><\/p>\n<p><span style=\"font-size: small\"><span style=\"font-family: Verdana\">&ldquo;At Mobly, we offer quality products, in addition to a comfortable and pleasant shopping experience that&rsquo;s also fast and intuitive; the website has already surpassed the mark of 300,000 products sold and we closed our first fiscal year with a total revenue of $180 million in sales,&rdquo; added Victor Noda, Mobly&rsquo;s co-president, along with Marcelo Marques and Mario Fernandes.<\/span><\/span><\/p>\n<p><span style=\"font-size: small\"><span style=\"font-family: Verdana\">&ldquo;Brazil represents almost 65 percent of the e-commerce in the region and it continues to grow thanks to the progression of the country&rsquo;s middle class, the penetration of the Internet, and the surge of credit cards and other electronic payment methods.  It&rsquo;s a market with great potential,&rdquo; said Victor Kong, the chief digital officer of the Cisneros Group.  <\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MIAMI: The Cisneros Group of Companies has made an initial investment of $10 million in Mobly, a leading home-furnishing webstore in Brazil that is part of the Rocket Internet corporate portfolio. The total investment, made through Cisneros Interactive Group, could top $20 million in a year. Mobly launched in Brazil just about 18 months ago &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[],"class_list":["post-2240","post","type-post","status-publish","format-standard","","category-top-stories"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cisneros Group Invests in Rocket Internet Outfit<\/title>\n<meta name=\"description\" content=\"Cisneros Group Invests in Rocket Internet Outfit . MIAMI, May 1: The Cisneros Group of Companies has made an initial investment of $10 million in Mobly, a leading home-furnishing webstore in Brazil that is part of the Rocket Internet corporate portfolio. . 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