By Emma Thomasson BERLIN (Reuters) – Oliver Samwer and his brothers Marc and Alexander are on the brink of becoming Germany’s newest billionaires with the flotations of Rocket Internet and the European online fashion site Zalando it helped launch in 2008. The sons of a lawyer who encouraged them to read Germany’s Handelsblatt finance daily, […]
By Alexander Hübner FRANKFURT (Reuters) – German venture capital firm Rocket Internet and Zalando, Europe’s biggest specialist online fashion retailer, are both on the brink of announcing plans to list on the Frankfurt stock exchange, several sources with knowledge of the matter said. Both companies want to announce plans for initial public offerings (IPO) in […]
By Jonathan Gould FRANKFURT (Reuters) – German Internet service provider United Internet AG is investing 435 million euros ($582 million) for a 10.7 percent stake in venture capital group Rocket Internet, the companies said on Friday. Berlin-based Rocket Internet aims to create the largest Internet empire outside the United States and China, and it is […]
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