MenuFashionUnited

rocket internet news and archive.

Rocket Internet posts rise in annual revenue and earnings

Management

Rocket Internet posts rise in annual revenue and earnings

Prachi SinghApril 4, 2019

Rocket Internet SE, in FY 2018 reported 45 million euros (50.5 million dollars) of consolidated revenue and a consolidated profit of 196 million euros (220 mi

Rocket Internet nine months revenues increase 17 percent

Report

Rocket Internet nine months revenues increase 17 percent

FashionUnitedNovember 30, 2018

German incubator and investor in internet and technology companies Rocket Internet said on Friday its nine months revenue for 2018 increased by 17 percent. Pr

Rocket Internet returns to net profit of 297 million euros in H1

Report

Rocket Internet returns to net profit of 297 million euros in H1

Prachi SinghSeptember 20, 2018

Rocket Internet SE in H1 2018 reported 24 million euros (28 million dollars) of consolidated revenue and a consolidated profit of 297 million euros (347 milli

Rocket Internet's chief financial officer Peter Kimpel resigns

Management

Rocket Internet's chief financial officer Peter Kimpel resigns

Prachi SinghAugust 20, 2018

Rocket Internet SE has announced that its chief financial officer Peter Kimpel will be leaving the management board of the company beginning of October 2018 t

Rocket Internet's select companies report positive Q1

Report

Rocket Internet's select companies report positive Q1

Prachi SinghMay 29, 2018

Rocket Internet SE reported consolidated revenue of 10 million euros (11.6 million dollars) and a consolidated profit of 75 million euros (87 million dollars)

Select companies under Rocket Internet manage to trim losses in FY17

Management

Select companies under Rocket Internet manage to trim losses in FY17

Prachi SinghApril 13, 2018

Rocket Internet SE's aggregate revenue across the selected companies in the focus sectors food & groceries, fashion, general merchandise and home & living gre

Rocket Internet manages to cut EBITDA losses by 48mn euros

Management

Rocket Internet manages to cut EBITDA losses by 48mn euros

Prachi SinghNovember 30, 2017

Rocket Internet has announced that its selected companies have taken further significant steps towards profitability. The aggregate adjusted EBITDA margin imp

Rocket Internet cuts losses, H1 revenues rise 29 percent

Report

Rocket Internet cuts losses, H1 revenues rise 29 percent

Prachi SinghSeptember 28, 2017

Rocket Internet said that its selected companies demonstrated further growth and improvement in profitability in the first half of 2017. Aggregate revenue acr

Alibaba invests 1bn dollars to acquire remaining stake in Lazada

Report

Alibaba invests 1bn dollars to acquire remaining stake in Lazada

Prachi SinghJune 28, 2017

Alibaba is all set to acquire Kinnevik and Rocket Internet’s remaining stake in online Southeast Asian platform Lazada for around 1 billion dollars. While K

Kinnevik sells remaining stake in Rocket Internet

Report

Kinnevik sells remaining stake in Rocket Internet

Prachi SinghJune 9, 2017

Kinnevik, the Swedish investment company that invested total 155 million euros (173 million dollars) in Rocket Internet between 2009 and 2013, has now sold it

Rocket Internet sells 51 percent of Namshi to Emaar Malls

Report

Rocket Internet sells 51 percent of Namshi to Emaar Malls

Angela Gonzalez-RodriguezMay 25, 2017

The online fashion sites group has sold a majority stake in its Middle East platform, Namshi, to Emaar Malls Group for 151 million dollars. The group unsucces

Rocket Internet manages to reduces EBITDA loss in FY16

Management

Rocket Internet manages to reduces EBITDA loss in FY16

Prachi SinghApril 25, 2017

Rocket Internet has said that aggregate revenue across the focus sectors food & groceries, fashion, general merchandise and home & living grew by 29 percent f

Rocket Internet’s group firms cut losses on higher revenue

Management

Rocket Internet’s group firms cut losses on higher revenue

Prachi SinghNovember 30, 2016

For the first nine months of 2016, Rocket Internet said that the aggregate adjusted EBITDA margin improved significantly at all selected companies from a weig

Indian e-commerce shake-up: Flipkart buys Jabong from Global Fashion Group

Management

Indian e-commerce shake-up: Flipkart buys Jabong from Global Fashion Group

Angela Gonzalez-RodriguezJuly 26, 2016

After months of fierce completion amongst big players of e-commerce in India, Flipkart-owned Myntra has confirmed the acquisition of Jabong from Global Fashio

Growth slows but Rocket Internet’s ‘Proven Winners’ shine

Report

Growth slows but Rocket Internet’s ‘Proven Winners’ shine

Prachi SinghDecember 16, 2015

Growth slows but Rocket Internet’s ‘Proven Winners’ shine

Rocket Internet’s 'proven winners' witness revenue rise in H1

Business

Rocket Internet’s 'proven winners' witness revenue rise in H1

Prachi SinghOctober 1, 2015

Rocket Internet’s 'proven winners' witness revenue rise in H1

New British womenswear label Finery London to launch in 2015

Fashion

New British womenswear label Finery London to launch in 2015

Vivian HendrikszNovember 20, 2014

New British womenswear label Finery London to launch in 2015

Rocket Internet posts robust growth in H1

Business

Rocket Internet posts robust growth in H1

Prachi SinghNovember 17, 2014

Rocket Internet posts robust growth in H1