Nestpick raises €11 million series A round
Founded in the Netherlands, mid-term accommodation booking website Nestpick moved its HQ to Berlin when Rocket Internet jumped in as investor in December 2014, six month after its launch. Today, Nestpick announces a €11 million investment from Mangrove Capital Partners, Enern, and Rocket Internet.
Uber stops service in three German cities
Though its valuation grows and grows, legal issues are not getting less. As a consequence, Uber now shuts down in Frankfurt, Hamburg and Düsseldorf, leaving active operations in just Berlin and Munich. However, in Berlin it only works with the regular taxis, which makes the app similar to MyTaxi. Business in Hamburg is being paused, the company said, and will pick up as soon as a legal long term agreement has been found.