Tuesday, April 25, 2017
Rocket Internet's (RCKZF) Q4 2016 Results - Earnings Call Transcript
Rocket Internet losses triple in 2016
It is clear they have plenty of cash to burn, perhaps no more than that!
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 compared to Europe!
All the domino should fall ... when they run out of money!
Kinnevik has finally lost patience. Rocket Internet SE Loses Biggest Investor
Rocket Internet. / All ventures are created using a complex system of shell companies. /
Rocket Internet SE: Der Fall Ikarus