Rocket Internet SE (RKET.DE)
Thu, Apr 4 2019
BERLIN German ecommerce investor Rocket Internet will set up more companies in 2019 than last year, it said on Thursday, as investors raise questions about the company's direction now most of its big holdings are listed or on track to go public.
BERLIN, April 4 German ecommerce company Rocket Internet said its stakes in unlisted ecommerce firms Global Fashion Group and Jumia, plus about another 200 smaller private start-ups, are worth about 1.2 billion euros ($1.35 billion).
BERLIN The chief executive of Rocket Internet is poised to pounce if the recent fall in tech stocks continues, putting to work the German ecommerce investor's 2 billion euros ($2.28 billion) of available cash.
* Listing gives capital diversity, helps with recruiting - CEO
BERLIN, Nov 30 The chief executive of German ecommerce company Rocket Internet still sees net benefits to being a public company even thought it has separately listed most of the companies it launched.