Rocket Internet revenues surge for first nine months


Rocket Internet reported its net profit for nine months dropped on
Tuesday. Compared with the same period last year, revenues rose by 40
percent.

For nine months, the company’s net profit was 285 million dollar,
decreased from 296 million dollar last year. Furthermore, revenues surged
to 48 million dollar. Compared to 925 percent a year ago, the profit
margin of the company dropped to 594 percent.

Rocket Internet is a venture builder that builds online startups by
providing operational support and owns shareholdings in various online
retail businesses, including Zalora, Global Fashion Group, Dafiti, Lamoda.
The incubator and investor headquartered in Berlin, is currently listed in
Frankfurt.

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