Friday, August 8, 2014
Two articles about Rocket Internet's recent 10% acquisition by PLDT
"No IPO Needed: Rocket Internet's Samwer Brothers Become Billionaires On PLDT Investment" at Forbes
"Individuals close with Rocket’s plans note that the company is raising to possibly open 100 new startups in the next 18 months. To date, the Berlin accelerator has launched more than 75 different companies in Europe and emerging markets, including Zalando and Zalora, a fashion e-commerce company in Southeast Asia."
http://www.forbes.com/sites/ryanmac/2014/08/07/no-ipo-needed-rocket-internets-samwer-brothers-become-billionaires-on-pldt-investment/
and
"Philippine stake sale fuels Rocket’s developing world strategy" at Financial Times
I told Ms. Davies:
"Rocket runs more than 70 companies in 100 countries from Myanmar to Ukraine."
Do you have a complete list of those companies?
Name, year founded, revenue, profits, % of market share in the country where it operates
A recent article at Forbes says: "Individuals close with Rocket’s plans note that the company is raising to possibly open 100 new startups in the next 18 months. To date, the Berlin accelerator has launched more than 75 different companies in Europe and emerging markets, including Zalando and Zalora, a fashion e-commerce company in Southeast Asia."
extracted from the article "No IPO Needed: Rocket Internet's Samwer Brothers Become Billionaires On PLDT Investment" written by the Journalist Mr. Ryan Mac.
Perhaps it is only a big Ponzi scheme; those companies no designed to be profitable ever, only to be sold to the original company they had copycatted. They have a very complicated interlace of Juwel, Jade, Brillant and other shell companies Interpol is investigating as well.
http://onlinedatingsoundbarrier.blogspot.com.ar/2014/04/a-big-pandemic-of-brillant-jade-and.html
Please see also:
Bloomberg is reporting PLDT's direct investment into Rocket ahead of it's planned IPO.
http://onlinedatingsoundbarrier.blogspot.com.ar/2014/08/bloomberg-is-reporting-pldts-direct.html
Fab game over soon? death spiral?
http://onlinedatingsoundbarrier.blogspot.com.ar/2014/08/fab-game-over-soon-death-spiral.html
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