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 :
A look at Berlin-based Rocket Internet, as founder Oliver Samwer transforms one of Europe's most aggressive tech VCs into a more conservative investment house
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.
South African media and internet giant Naspers acquires another 13% stake in Berlin-based food delivery firm Delivery Hero for ~€660M from Rocket Internet
Naspers, the South African media and internet giant, has upped its stake in Delivery Hero, the Berlin based food-delivery giant …
Spotify, Deezer, Rocket Internet, others sign letter to European Commission urging antitrust action against Apple and Google
Financial Times :
Spotify, Deezer, Rocket Internet, others sign letter to European Commission urging antitrust action against Apple and Google
Brussels urged to take action against those abusing mobile and app store dominance — Read next … Spotify and a host of European internet businesses have called …
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
Alibaba takes a controlling stake in Rocket Internet's e-commerce platform Lazada for $1B, valuing it at $1.5B
Alibaba Expands in Southeast Asia With $1 Billion Lazada Deal — Control of Lazada adds operations in 6 Southeast Asia markets — Alibaba buying stock from Rocket Internet, Tesco, Kinnevik
Rocket Internet Sells Food Startups In Spain, Italy, Brazil, Mexico For $140M To Just Eat
The takeout shakeout continues apace. Since going public in 2014, Rocket Internet has been trying to simplify and reorganize the tangle of e-commerce startups funded and grown by the Berlin-based inc...