Friday, September 2, 2016
FT article: Shares in Rocket Internet fall after writedowns
Rocket Internet posts H1 2016 Euros 617 million (USD691 million) loss on GFG impairments
Rocket Internet clone empire, most complicated financial puzzle in the World?
They are full (in excess) of phantom companies, shell companies.
And not only they have lots of phantom companies, shell companies. There is a very complicated and intriguing interlace of them. (very suspicious situation)
There is a very intriguing interlace of "Jade xxxx GmbH.", "Brillant xxxx GmbH.", "Bambino xx V V UG", "VRB GmbH. & Co. B-xxx KG" and "Juwel xxx V V UG" and other companies !!!
Many if not most, USA, Canadian or European businesses models are unfeasible in Latin American countries, African countries, Russia or even Australia because transportation costs could be 10 times bigger than in Europe. http://onlinedatingsoundbarrier.blogspot.com.ar/2016/05/rocket-internets-ceo-oliver-samwer-on.html
All the domino should fall ... when they run out of money!!!