Global Fashion Group Receives Required Approvals

22 DECEMBER 2014, BERLIN
Summary
GFG receives fiscal and antitrust approvals /// First roll-up into GFG completed /// Completion of remaining roll-up transactions expected in Q1 2015

Rocket Internet today announced that following receipt of all rulings by fiscal authorities and all antitrust approvals required for the creation of Global Fashion Group (GFG), the first roll-up into GFG has now been completed. Completion of the remaining roll-up transactions is expected in Q1 2015.

GFG will operate across the five continents with a focus on growth markets, covering 23 countries with a EUR 330bn fashion market and population of over 2.5bn people who continue to move rapidly online and purchase via e-commerce. GFG will market a wide assortment of leading international apparel and accessories brands, a tailored selection of highly engaging internally developed brands and local assortments developed for specific ethnic markets notably in India, Indonesia and the Middle East.

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About Rocket Internet

About Rocket Internet

Rocket Internet incubates and invests in Internet companies with proven business models. It provides operational support to its companies and helps them scale internationally. Rocket Internet focuses predominantly on four industry sectors of online and mobile retail and services that make up a significant share of consumer spending: Food & Groceries, Fashion, General Merchandise and Home & Living. Rocket Internet’s selected companies are active in a large number of countries around the world with more than 28,000 employees. Rocket Internet SE is listed on the Frankfurt Stock Exchange (ISIN DE000A12UKK6, RKET). For further information please visit www.rocket-internet.com.

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