Rocket Internet Reports Continued Revenue Growth and Profitability Improvement for Selected Companies in 2016Aggregate revenue of selected companies grew by 29% to EUR 2.2 billion in 2016 versus 2015 // Aggregate adjusted EBITDA margin of selected companies improved by 16.4 percentage points from -31.3 % in 2015 to -14.9 % in 2016 // Rocket Internet released full year 2016 results in line with expectations // Rocket Internet remains well funded with an available gross cash position of EUR 1.5 billion
Winners of the Digital Top 50 Awards announcedWinners 2016: Everledger, Seerene, Hey Habito, Bragi, Peek Vision Foundation // Google, McKinsey & Company and Rocket Internet awarded prize to future Digital Market Leaders at the Slush conference in Helsinki // Winners were chosen in the categories B2B Start-up, B2B Scale-up, B2C Start-up, B2C Scale-up, and Tech for Social Impact
Rocket Internet SE: Selected Companies Grow Revenue and Continue to Reduce Losses on Path Towards Profitability• Aggregate net revenue of selected companies grew by 30.6% to EUR 1.58 billion 9M 2016 versus 9M 2015 // • Aggregate adjusted EBITDA margin of selected companies improved from -34.4% in 9M 2015 to -17.5% in 9M 2016
Rocket Internet SE: Key Portfolio Companies Continue to Advance Towards Profitability• Aggregate net revenues of key portfolio companies grow by 32% to EUR 1,043 million H1 2016 vs. H1 2015 // • Aggregate adjusted EBITDA margin of key portfolio companies improves from -32% in H1 2015 to -17% in H1 2016
Rocket Internet SE: Q1 Results of Portfolio Companies Show Significant Improvement• Net revenue grows by an average of 34% to EUR 532 million Q1 2016 vs. Q1 2015 // • Selected portfolio companies improved adjusted EBITDA on average by 23% on yoy basis // • Adjusted EBITDA margin improvement of 16 percentage points Q1 2016 vs. Q1 2015
Global Fashion Group Raises EUR 300 million in Funding Round• Rocket Internet SE (“Rocket Internet”) has committed to invest up to EUR 100 million of the EUR 300 million capital increase (the “Financing”) of Global Fashion Group S.A. (“GFG”) // • Rocket Internet expects to invest up to EUR 85 million including the conversion of an existing investment // • GFG with continued strong operating performance in Q1 2016 and a significant improvement of the Adjusted EBITDA margin by over 10 percentage points compared to Q1 2015
Rocket Internet Portfolio Companies Show Continued Growth and Improvement in Profitability in 2015• Continued strong average revenue growth across companies in focus sectors of 69.4% in 2015 // • Six percentage points average improvement in adj. EBITDA margin across companies in focus sectors // • Gross cash position of EUR 1.8 billion // • Rocket Internet SE 2015 full year results in line with expectations // • Rocket Internet sold a 9.1% stake in Lazada to Alibaba for USD 137 million, valuing the company at USD 1.5 billion (c. 15x multiple for Rocket Internet) //
Rocket Internet sells 9.1% stake in Lazada for USD 137 million-Rocket Internet has agreed to sell a 9.1% stake, on a fully diluted basis, in Lazada Group S.A. (“Lazada”) for a gross consideration of USD 137 million to Alibaba Group Holding Limited (“Alibaba”) -Lazada and Alibaba entered into a transaction that includes Alibaba’s investment of USD 500 million in Lazada -Alibaba will become Lazada’s new controlling shareholder -Rocket Internet’s retains a fully diluted stake after the transaction and taking into account Alibaba’s investment of new fund...
Africa Internet Group, parent of Jumia, the leading ecommerce platform in Africa, secures over € 300M of funding from MTN, Rocket Internet, AXA and Goldman SachsAfrica Internet Group (“AIG”), the parent of Jumia, the leading ecommerce platform in Africa, has secured more than Euro 300 million in funding from new and existing investors, including the previously announced funding commitment from AXA, a worldwide leader in insurance and asset management. This new round of investment is led by existing investors including MTN and Rocket Internet as well as a new investor, Goldman Sachs. The funds will significantly strengthen the balance sheet of AIG ena...
Rocket Internet Decided to Use Up To EUR 150 Million for the Buyback of Convertible BondsThe Management Board of Rocket Internet SE ("Rocket Internet" or the "Company") decided to spend up to EUR 150 million on a program to repurchase senior unsecured convertible bonds due 2022 issued by the Company (ISIN DE000A161KH4) during 2016. Repurchases of convertible bonds under the program may commence immediately. Repurchased convertible bonds will be held by the Company or cancelled. The Company’s Supervisory Board approved the repurchase program.
Jumia and AXA partner to provide insurance products and services to African customersAfrica Internet Group (“AIG”), a leading e-commerce group in Africa, and AXA, a worldwide leader in insurance and asset management, today announced a partnership whereby AXA will become the exclusive provider of insurance products and services through Jumia and other AIG online and mobile platforms in Africa.
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.