Germany's Samwer Brothers Take Their Web Copycat Act Global
Oliver, Marc, and Alexander Samwer have had a rocky couple of years. The German brothers had built their startup incubator, Rocket Internet, into a billion-dollar business by staking, staffing, and helping to launch clones of American shopping websites such as EBay and Groupon tailored for European consumers. Often, they persuaded the knockoffs’ U.S. counterparts to buy their websites. In the past two years, the Samwers have been forced to rethink that formula since the flash-sales site Fab eclipsed Rocket’s imitator in Europe, Bamarang. Fab’s success prompted companies such as Airbnb to fight the clones instead of paying them off. The Samwers declined to comment for this story.
