Kinnevik's holdings is main investor and main partner of Rocket Internet GmbH.
Here are 2 docs of them:
http://es.scribd.com/doc/207889856/140214-Kinnevik-results-presentation-Q4-2013-pdf
http://es.scribd.com/doc/207889855/Kinnevik-Q4-2013-EN-pdf
They had invested in Rocket Internet GmbH.
and
They had acquired shares from several Rocket Internet GmbH.'s companies
"Rocket Internet is a company that incubates and develops e-commerce and other consumer-oriented online companies. Kinnevik owned 23.9% of the parent company Rocket Internet GmbH as per 31 December 2013 and works closely with the management of Rocket Internet in order to foster companies and develop them into leading Internet players."
"The Kinnevik online investments are mainly focused around e-commerce and market places. E-commerce is one of the strongest global growth trends in the world economy, and it is based on a shift in consumer behaviour which we believe is not a short term trend but represents a permanent change in consumer behaviour.
Within e-commerce, Kinnevik has focused its investments in the shoes and fashion segment through companies such as Zalando with geographical presence in Europe and companies such as Lamoda, Dafiti, Jabong and Zalora focused on emerging markets."
"most of the unlisted companies within Kinnevik’s online portfolio are still unprofitable. However, the larger companies in the portfolio are well capitalised and can afford continued investments until they reach break-even."
One Journalist said, last November 2013 when I told her about "Glossybox .... some international branches shut down" :
" I don't know if the site stats tell the whole story but I am not surprised to hear that some businesses in the Rocket empire are not flourishing. "
http://onlinedatingsoundbarrier.blogspot.com.ar/2013/11/glossybox-some-international-branches.html
other Journalist asked me about: "Start-up companies in general aren't profitable but hope to be at one stage."
I replied: That is exactly the problem. Their start-up companies are not designed to be profitable, and as they are copycats of U.S. companies, the main purpose is to be sold to the original company they had copycatted.
They always make unrealistic projections of sales: "For the Brazilian Amazon clone Linio the Samwers offer a return of 12 percent in 2017. The Amazon model generates 1.1 percent."
http://onlinedatingsoundbarrier.blogspot.com.ar/2014/02/secret-papers-how-samwer-bros-woo.html
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.
Some comments on the web say
" .... work so that it will sell 100 euro for 90 euro, so retract massive losses. This strategy is extremely fast gaining market share , displacing competitors , but it does not make money ! This is a Ponzi scheme , where today's bills are paid with tomorrow's growth ." translated from "funktionieren so, dass sie 100 Euro für 90 Euro verkaufen, also massiv Verluste einfahren. Mit dieser Strategie gewinnt man extrem schnell Marktanteile, verdrängt Mitbewerber, aber man verdient kein Geld! Das ist ein Schneeballsystem, wo Rechnungen von heute mit Wachstum von morgen bezahlt werden."
" ..... They steal the business ideas of others in other countries and then bring appropriate clones on the market. The companies are then usually sold to the original inventor of the idea again and dissolve into thin air " translated from "Sie klauen die Geschäftsideen anderer in anderen Ländern und bringen dann entsprechende Klone an den Markt. Die Firmen werden dann zumeist an den ursprünglichen Erfinder der Idee wieder verkauft und lösen sich in Luft auf. "
http://onlinedatingsoundbarrier.blogspot.com.ar/2013/10/a-coldsilent-war-and-forbidden-news-in.html
Remember what I always say:
The Simpsons, Apple, Facebook, LinkedIn, WordPress, Google, Hotmail, Yahoo, YouTube, Blogger, Wikipedia, Bing, Twitter, Skype are BIG successes, here, in Argentina!!!
I have the theory that if something is successful in Argentina, it could be a success in the World.
If it can NOT be a success here in Argentina, it will definitely NOT be a success in the World.
and
Please read:
http://onlinedatingsoundbarrier.blogspot.com.ar/2013/08/want-to-enter-south-american-market.html
http://onlinedatingsoundbarrier.blogspot.com.ar/2013/09/south-american-market-2-tips.html
http://onlinedatingsoundbarrier.blogspot.com.ar/2013/01/pre-paid-cards-or-virtual-charge-part-2.html
http://onlinedatingsoundbarrier.blogspot.com.ar/2010/03/latin-america-market.html
Last January I had to call local police (Argentinean Federal Police, Cybercrimes division) to denounce / suggest them to investigate Affinitas GmbH. and their local lawyers in a possible illegal association / illicit association and
suggest them to investigate Rocket Internet Argentina and local (PHANTOM ?) internet companies like HelloFood, Wimdu, EasyTaxi, Dafiti in a possible illegal association / illicit association for a Ponzi schema.
http://onlinedatingsoundbarrier.blogspot.com.ar/2014/02/seven-balance-sheets-rocket-internet.html
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