ZALANDO prospectus before IPO

https://corporate.zalando.com/system/files/prospectus.pdf

My bet: AB Kinnevik plans soon a Global Fashion Group "GFG"  IPO, like Zalando AG.'s IPO, to recover all the money they had invested and get rid of Rocket Internet AG. as its partner.
I suspect no one of those companies are designed to be profitable ever. They have big losses because they sell below cost to gain traction. All cloned companies seem like bubbles. 

http://onlinedatingsoundbarrier.blogspot.com.ar/2014/09/i-agree-with-article-rocket-internet.html

Rocket Internet AG. / All ventures are created using a complex system of shell companies. /
Jade, Juwel, Brillant, Bambino, Platin and others.
See Jade 1076. GmbH. and Jade 1085. GmbH. as sample
http://onlinedatingsoundbarrier.blogspot.com.ar/2014/08/rocket-internet-ag-all-ventures-are.html
Secret papers: How the Samwer bros. woo investors.
http://onlinedatingsoundbarrier.blogspot.com.ar/2014/02/secret-papers-how-samwer-bros-woo.html
Some analysis and comments about "Frontal21-Doku: Die große Samwer-Show"
http://onlinedatingsoundbarrier.blogspot.com.ar/2014/08/some-analysis-and-comments-about.html
Rocket Internet AG. Q2 2014 financials via AB Kinnevik
http://onlinedatingsoundbarrier.blogspot.com.ar/2014/07/rocket-internet-ag-q2-2014-financials.html