Ooredoo, Rocket Internet join forces to fund Asian internet businesses

Qatar’s primary telecom carrier Ooredoo is the latest to make a bid for a slice of Asia’s ecommerce pie. The Doha based telecom company, which was earlier known as earlier known as Qatar Telecom or QTel, has teamed up with Berlin’s Rocket Internet to launch a 50:50 joint venture called Asia Internet Holdings. The entity will create and develop online businesses in Asia.

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