Wednesday, February 22, 2017

Kinnevik has finally lost patience. Rocket Internet SE Loses Biggest Investor

Rocket Internet AG. / All ventures are created using a complex system of shell companies. /
article: Rocket Internet SE: Is the Samwer model at the end?

It is said Samwer bros goes for ... real state! 

I do not think Samwer bros are puppets from AB Kinnevik. Samwer/Rocket used Kinnevik as stupids, only investors who put money. 

Full Year 2016 Results for Rocket Internet SE & Selected Companies will be available next ..... 27 April 2017!

 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. 

All European countries fit in Brazil, Russia, Africa or Australia.
It means: If you want to replicate a big success in Brazil, it will be as hard as the same to replicate it in all European countries, but in this case with 1/8 of population and the majority of the persons DO NOT own or WILL NOT use a credit/debit card to buy online!
They will prefer to research online and then buy offline.

All the domino should fall ...  when they run out of money! 

I wrote last July 2014:

Big investments, big losses 
As for the young Latin American Amazon clone, Linio, 2017 is set to be a good year – with estimated revenues of €281m, the Samwers claim that the return on sales will be an impressive 12%. This is a clear sign of the Samwers’ huge and rather unrealistic ambitions: by comparison, the company’s US original, Amazon, makes just  1.1% in returns. 
I suspect no one of the cloned companies by Samwer Bros. are really profitable or sustainable for the next 5 years, to until 2019 at least; and as they will not be able to sell to the original company they had copycatted, as they failed to sell Affinitas GmbH. to eHarmony Inc. last March 2012 and as the Management Team can not innovate in nothing because they are not entrepreneurs, they will collapse. All cloned companies seem like bubbles.

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