Tuesday, April 12, 2016

Internet: Alibaba buys Rocket Company Lazada – ABC Online

Tuesday , 04.12.2016, 12:39
Thank you for rating!

0

Report Error
You have an error found?

Please select the relevant words in the text. With just two clicks you report the error of the editors.

The online retailer Lazada one of the most developed holdings of Rocket Internet. Now lossy company for the Chinese online giant Alibaba will be the springboard to Southeast Asia.

The Chinese Internet giant Alibaba accepts the online retailer Lazada from Berlin start-up factory Rocket Internet.

Alibaba will have more customers outside of China and allows control of the active in Southeast Asia company cost a total of about one billion dollars. Rocket Internet gets $ 137 million for a stake of 9.1 percent in Lazada and still retains a stake of nearly nine percent.

Another part of the deal is a capital of $ 500 million, the Alibaba ensures control , Overall Lazada was rated 1.5 billion dollars, the parties informed.

The British supermarket chain Tesco sold to the Chinese people a share of 8.6 percent for 129 million dollars and remains involved , but Alibaba has a right of preemption on the remaining holdings of Rocket and Tesco.

Rocket Internet builds startups in many countries, especially in the areas of online trading and services such as food delivery. Lazada was one of the most advanced projects of Rocket – but the previously write all red. The online retailer is active in Indonesia, Malaysia, Singapore, Vietnam, Thailand and the Philippines.

Latest figures from the end of September 2015, according to Lazada had 8.7 million customers to 2.7 million a year earlier , In the first nine months of the year, sales grew by 80 percent to $ 190.9 million. But This was accompanied by a jump in adjusted operating loss of 90.3 to 212.9 million US dollars.

Rocket Internet Chef Oliver Samwer explains always that online retailers in the first few years only in growth invest would, before they could get into the black. However, the company under the Rocket roof were on track. Declared a Lazada Deal Rocket Internet now, the overall assessment of the company is 15 times higher than that from the start-up developer invested capital of 18 million euros.

 

Thank you for rating!

0

LikeTweet

No comments:

Post a Comment