In a letter, Rocket Internet minority shareholder Scherzer & Co accuses the company of marking down startup valuations to buy out backers at “bargain prices”
Financial Times :
German startup factory Rocket Internet will delist six years after going public; its market value fell from as much as €6.7B at IPO to €2.6B, down 15% YTD
- Rocket Internet said it was offering investors 18.57 euros ($22.23) for each of their shares, lower than Monday's closing price of 18.95 euros.
Rocket Internet Capital Partners fund, operational since early 2016, says it reached $1B fundraising target; Rocket Internet committed $140M to the fund
If you thought the problems Rocket Internet has had bringing its portfolio of startups and its business overall into the black …
Global Fashion Group raises €300M+ from Rocket Internet, Kinnevik, others at €1B valuation, down from €3.1B a year ago
Rocket Internet's GFG pockets $340M+ at $1.1B valuation, down from $3.5B a year ago
Germany's HelloFresh raises $85M, values Rocket Internet company at $2.9B
Chris O'Brien / VentureBeat :
Rocket Internet is reportedly raising a €1 billion growth fund for late-stage investments
The word on the street is that Rocket Internet, the publicly-listed ‘Internet company builder’ out of Germany, is raising money for a growth fund of which the size could amount up to €1 billion.
Holtzbrinck Ventures Closes $331M Fund To Back More Consumer And E-Commerce Startups
One of the more prolific VCs in Europe with close ties to e-commerce startup factory Rocket Internet has closed another fund — its biggest yet — to back more consumer internet businesses in the region...