Rocket Internet SE (RKET.DE)
19 Jan 2018
Thu, Jan 18 2018
BERLIN German online furniture retailer Home24, in which Rocket Internet is a major investor, is preparing a stock market listing in early summer, Manager Magazin reported on Thursday, citing unidentified company insiders.
* Rocket Internet owns 43 pct stake (Adds details, background, shares)
BERLIN, Jan 18 German online furniture retailer Home24, in which Rocket Internet is a major investor, is preparing a stock market listing in early summer, Manager Magazin reported on Thursday, citing unnamed company insiders.
BERLIN Germany's Rocket Internet needs to hold on to its mountain of cash so it can compete with rivals from the United States and China and pounce when investment opportunities arise, the chief executive said in an interview.
* SAYS LEONARD BLAVATNIK REDUCES STAKE TO 2.99 PERCENT FROM 4.99 PERCENT Source text for Eikon: Further company coverage:
BERLIN Oliver Samwer, the founder and chief executive of Rocket Internet, has bought another 33.83 million euros ($39.91 million) worth of shares in the German ecommerce investor, according to a regulatory filing on Thursday.
* ROCKET INTERNET CEO SAYS THE LIKELIHOOD FOR DIVIDENDS IS LOW, SEES MORE BIG INVESTMENTS IN FUTURE
BERLIN German ecommerce investor Rocket Internet pushed into 2018 a target to turn a profit at some of its leading start-ups as it reported a 28 percent jump in nine-month revenue on Thursday.
* ROCKET INTERNET CFO SAYS TARGET FOR SOME COMPANIES TO BE PROFITABLE BY END OF 2017 MAY SLIP BY A COUPLE OF QUARTERS
BERLIN, Nov 30 German ecommerce investor Rocket Internet reported on Thursday that revenue at its leading start-ups rose 28 percent in the first nine months, while their losses shrank.