Saturday, August 16, 2014

Successful start-Forge: United Internet increases at Rocket Internet a – ABC Online

Successful start-Forge: United Internet increases at Rocket Internet a – ABC Online

Updated on Friday, 08.15.2014, 20:19
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Zalando and Westwing have grown over the Berlin Startup Forge Rocket Internet. Now the Internet service provider United Internet increases with the brands 1 &., A 1, GMX and Web.de at the IPO candidate

The Internet service provider United Internet invested in large scale in Rocket Internet. For 10.7 percent of the shares CEO Ralph Dommermuth will put a total of 435 million euros on the table, as the company announced after market close on Friday. The bulk of the money flows with 333 million euros in cash, the remainder is to be introduced on the common participation in a venture capital fund. The initial strength which had existed since 2007 long-term cooperation, it said.



Dommermuth pulls in a Supervisory

Dommermuth draws as United Internet-chief in the Supervisory Board of Rocket Internet a. United Internet also announced, due to the contribution of shares of common funds this year to take a Sonderertag of around 70 million euros in the books.

The company is mainly a so-called Internet incubator that brings startups on the way. Among the companies that have grown up with Rocket, including the fashion retailer Zalando.



At the market in the fall?

Rocket Internet should be according to the financial community on the stock market in the fall. Then the Samwer brothers aiming for a valuation of around five billion euros. For the Internet retailers and technology investments by Rocket work according to the company, more than 20,000 people in 100 countries.

Have Sales of the company as Zalora, Lazada, Westwing, Home24 and Hello Fresh in 2013 with more than 700 million Euro situated. The brothers Marc, Oliver and Alexander Samwer, the Rocket Internet founded in 2007, to use successful models as blueprints for their internet business and try that new markets to conquer

sporting goods manufacturer Puma -. Joining Borussia Dortmund?

          

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