Welcome to The Forum

Register now to gain access to all of our features. Once registered and logged in, you will be able to create topics, post replies to existing threads

Rocket Internet Faces New Setback With Loss Of Senior Managers


Ron Burgundy
 Share

Recommended Posts

The logo of of Rocket Internet, a German venture capital group is pictured in illustration photo in SarajevoBy Nadine Schimroszik and Emma Thomasson BERLIN (Reuters) - Germany's Rocket Internet is losing two senior managers, sources told Reuters, in the latest setback for a company that a year ago was considered one of Europe's best hopes for competing with global tech giants. Europe's largest internet firm, which has helped create a buzzing tech scene in Berlin, seeks to be a launch pad for stock market listings of start-ups ranging from online fashion to food delivery, but has seen its stock slide as plans to float its bigger investments have stalled. Rocket's strategy of rapidly expanding into scores of emerging markets raised the possibility that it could outflank the likes of Amazon and Alibaba as well as powerful venture capital firms.




View the full article
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share