at the very Core of it all … is Content!
31 MAY 2017, BERLIN Aggregate revenue of selected companies grew by 28% to EUR 617 million Q1 2017 versus Q1 2016 // Selected companies improved aggregate adjusted EBITDA margin by 7.9 percentage points to -14.7% in Q1 2017 // Rocket Internet remains well funded with an available gross cash position of EUR 1.5 billion …
• Global Fashion Group has successfully raised EUR 330 million from existing investors // • Rocket Internet invested EUR 68 million // • Post the funding round, Rocket Internet holds a stake of 20.4% in GFG Today, Global Fashion Group (“GFG”) announced a successful funding round of EUR 330 million, which has been subscribed by …
Oliver Samwer has transferred his stake in Rocket Internet to the Munich-based “Oliver Samwer Familienstiftung”, a family foundation governed by the laws of the Principality of Liechtenstein and subject to unlimited taxation in Germany. This means that all income of the foundation as well as all its distributions will be subject to taxation in Germany. …
Berlin, Germany, 17th September 2015 – Rocket Internet SE (“Rocket”, ISIN DE000A12UKK6, RKET) announces a EUR 75 million funding round for HelloFresh GmbH (“HelloFresh” or “the Company”) valuing the Company at EUR 2.6 billion, an increase in the valuation from the last funding round in March 2015 of almost EUR 2 billion. HelloFresh is the …
Rocket Internet SE (“Rocket Internet”) today announced that it is participating in a EUR 150 million internal financing round in Global Fashion Group (“GFG”). Rocket Internet will invest its pro rata share of the financing round amounting to EUR 37 million and has undertaken to guarantee an additional part of the financing round amounting to …
April 8, 2015 – Today, the Board of Directors of Global Fashion Group (“GFG”, the “Company”), the world’s leading emerging markets fashion e-commerce group, announced the completion of its merger, an additional EUR 32 million funding round and the appointment of Romain Voog (43) as CEO and Nils Chrestin (34) as CFO. Romain and Nils …
JUMIA announced a new round of investments amounting to EUR 120 million Today, JUMIA announced a new round of investments amounting to EUR 120 million. These investments, which were made by existing shareholders, strengthen the company’s position as the leading online retailer in Africa. Jeremy Hodara, co-CEO of Africa Internet Group said: “We are very …
Singapore: October 2014 – From rural Nepal to the metropolis of Singapore, there are creative ways to strengthen e-Commerce – and thus local communities. The Asia Pacific Internet Group (APACIG) is the largest internet platform in Asia. The group launches technologies and start-ups in frontier markets and is home to some of the most renown e-commerce brands in …
London, 3rd of July 2014 – SpaceWays (www.spaceways.co.uk), Rocket Internet’s new on-demand storage service, today launches its service in London. Targeting the city’s highly mobile population, SpaceWays moves beyond traditional self-storage companies to provide a flexible on-demand storage solution. For £6 per month, SpaceWays provides customers with a large heavy-duty box and a free pick-up …
An innovative move for small- and medium-sized enterprises Berlin, March 31th, 2014 – Zencap, the first digital credit marketplace for SMEs, starts its business in Germany today. Both small- and medium-sized companies are given the opportunity to receive financing from the Berlin start-up, quickly and hassle-free. Acting as a bridge between both sides, Zencap connects …