Berlin The startup forging Rocket Internet has retracted a loss last year.
The loss was almost EUR 198 million, as the Berlin-based company announced on Thursday. In the previous year a net profit of almost 429 million euro had been in the balance sheet. Currently make all young companies in which Rocket is involved, as the Kochbox provider Hello Fresh, the Food Delivery Service Delivery Hero and the furniture dealer Westwing and Home24, losses. According Rocket however continued growth of the largest investments. They had delivered last year on average 69.4 percent more. The company confirmed its intention to want to make profitable three of these startups to the end of 2017. ‘/ P>
Rockets business – the reasons of startups after the assembly line principle – takes a lot of money. Investors were last unsure whether it will succeed in the Group, this ever einzuspielen on sales and IPOs again. Last responded CEO Oliver Samwer on the downswing in the stock market, trying to get many small steps more order into the complex startup network. Thus Rocket separated in some markets of its food delivery services, repurchased convertible bonds and sold most of his stake in the Southeast Asian online merchant Lazada to Alibaba.
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