Friday, November 18, 2016

Rocket Internet SE reducing personnel in Berlin.

75 per cent fewer employees in the holding company.  But there is much more behind this.

Excellent and must read article: How Rocket Internet SE got entangled in its own web (in India)

Rocket Internet SE H1 2016

Rocket Internet SE has Euros 1.7 Billion cash to burn. (Inside Rocket Internet’s Ailing Startup Factory) 

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.

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