Oliver Samwer

Rocket Internet posts first-half loss of $691 million

Indiaretailing Bureau - September 4, 2016

German e-commerce investor Rocket Internet has posted a crash loss of 617 million Euros ($691 million) in the first-half 2016. This after heavy write-downs on companies in its portfolio, reviving concerns about the value of its investments. Shares of Rocket lost...

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