Revenue jumps at Rocket Internet’s top start-ups


By Emma Thomasson BERLIN (Reuters) – Sales growth accelerated at the top online start-ups owned by German ecommerce investor Rocket Internet during the first six months of 2015 and it said some will break even in two years. Rocket Internet, Europe's largest Internet company, is viewed as a launch pad for future stock market listings from online fashion to food delivery firms although several mooted initial public offerings have been put on ice recently. The company said its top 12 start-ups, or its "proven winners", saw average weighted net revenues jump 142 percent to 1.37 billion euros ($1.5 billion) in the first half, accelerating from growth of 82 percent in 2014 as a whole.

Read more…

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s