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.
Online lending platform Spotcap raises EUR 31.5M in fundingSpotcap raises EUR 31.5 million in funding // Finstar Financial Group becomes new shareholder and strategic partner // Previous investor Holtzbrinck Ventures participates in financing round // Spotcap uses the funding to accelerate its global growth
Erster Abschluss des Rocket Internet Capital Partners Fund• Erster Abschluss des Rocket Internet Capital Partners Fund – Wachstumskapitalfonds mit 420 Millionen US-Dollar („First Close“) und einem Beitrag von Rocket Internet in Höhe von 50 Millionen US-Dollar • Fonds optimiert Kapitalbeschaffungsprozess der Portfoliounternehmen von Rocket Internet • Fonds ermöglicht den Rocket Internet Beteiligungen schnellere Finanzierung von Wachstumsmöglichkeiten und erhöht den Shareholder Value
9 Months 2015 Proven Winners Results Update• Rocket Internet’s Proven Winners with continued strong performance • Weighted top line growth of 120% in net revenues/GMV and further margin improvement for Proven Winners in the first 9 months 2015 vs. first 9 months 2014 • LPV at EUR 6.1bn • Appointment of Prof. Dr. Marcus Englert as Chairman of the Supervisory Board
CupoNation secures EUR 10m in Series B financing roundCUPONATION, a leading operator of digital destination platforms for offering the best in discounts & bargains across retail around the globe, just secured EUR 10m in a Series B financing round. The funding comes from Rocket Internet, Holtzbrinck Ventures, New Enterprise Associates (NEA), e.ventures, ru-Net, Deutsche Telekom Strategic Investments (DTSI), Silicon Valley Bank and Columbia Lake Partners.
Rocket Internet launches innovative hotel network ZenRooms across AsiaRocket Internet and Ooredoo-backed APACIG today announced the official launch of its latest venture, budget hotel network ZenRooms across South East Asia. ZenRooms aims to revolutionize the attractive but fragmented travel hotel accommodation market in the region by offering rooms starting as low as IDR 123,000. Launching with 250 properties in 8 cities across Indonesia, Thailand, Singapore, the company plans to quickly expand to other cities and countries. Building Asia’s leading budge...
Rocket expects up to 400% sales increase for frontier markets during Black FridayMassive sales, great offers and special deals: Rocket companies continue to establish Black Friday in emerging markets making the phenomenon accessible for millions of people across the globe. From Dafiti in South America to Daraz in Pakistan and Jabong in India, this year’s Black Friday is going to be a truly global - and online - event.
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.