×
4 003
Fashion Jobs
COTY
National Account Manager
Permanent · London
TK MAXX
Loss Prevention Officer-tk Maxx High Street Kensington-Full Time
Permanent · London
HARRODS
Uniformed Security Officer - Thatcham Distribution Centre
Permanent · THATCHAM
HARRODS
Senior CRM Retention Executive
Permanent · LONDON
JOHN LEWIS
Section Manager Stock And Inventory – Nights
Permanent · BLETCHLEY
SELFRIDGES
HR Administrator (Part-Time)
Permanent · ENDERBY
SELFRIDGES
Digital Personal Shopping Content Manager
Permanent · LONDON
EVERLAST GYMS
General Assistant - Everlast Fitness
Permanent · POOLE
EVERLAST GYMS
General Assistant - Everlast Gyms
Permanent ·
ZARA
Zara High Wycombe - General Manager
Permanent · HIGH WYCOMBE
NEXT
Operations Manager - Liverpool Aintree Retail Park
Permanent · LIVERPOOL
HEAD OFFICE
Senior Finance Analyst, Commercial Finance
Permanent · BRACKNELL
JOHN LEWIS
Section Manager Stock And Inventory – Nights
Permanent · BLETCHLEY
HOUSE OF FRASER
Loss Prevention Supervisor - House of Fraser
Permanent · READING
EVERLAST GYMS
General Assistant - Everlast Fitness
Permanent · CAMBRIDGE
BERSHKA
New Position - Bershka Operations Manager - Stratford
Permanent · LONDON
AVON
Internal Audit Manager Natura &CO
Permanent · LONDON
COTY
Trade Marketing Manager
Permanent · London
JOHN LEWIS
Section Manager Customer Delivery Hub
Permanent · LONDON
FLANNELS
Beauty Brand Manager – Pat Mcgrath Labs
Permanent · ROTHERHAM
CLAUDIE PIERLOT UK
Stock Contoller - Permanent - Selfirdges London
Permanent · LONDON
SELFRIDGES
Stock Operations Specialist - 37.5 Hours (Trafford)
Permanent · MANCHESTER
By
Reuters
Published
Apr 5, 2019
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Rocket Internet set to found more companies in 2019

By
Reuters
Published
Apr 5, 2019

German e-commerce investor Rocket Internet will set up more companies in 2019 than last year, it said on Thursday, as investors raise questions about the company’s direction now most of its big holdings are listed or on track to go public.

Lamoda is part of Global Fashion Group - Lamoda


“We expect to build more companies than in 2018,” Chief Executive Oliver Samwer told journalists, without giving a figure or a comparable number for 2018.

Rocket highlighted three start-ups with particular potential: Expertlead, a platform that helps companies find tech freelancers; B2B Food Group, a catering company for businesses; and Instafreight, a freight booking platform.

However, Samwer added he did not anticipate that any of its current smaller holdings would graduate to become more established companies this year.

He said Rocket had cash reserves of about 2 billion euros ($2.3 billion), similar to a year ago, showing it had not made major investments. But Samwer said the tech market moved fast and it needed the cash to be able to seize opportunities.

Rocket said its stakes in unlisted e-commerce firms Global Fashion Group and Jumia, plus about another 200 smaller private start-ups, were worth about 1.2 billion euros.

Samwer said Rocket had invested about 400 million euros in those companies, adding that about two-thirds of the estimated total value of its holdings in private companies were related to smaller firms.

Rocket has stakes in food groups HelloFresh and Delivery Hero, as well as online home furnishings sites Westwing and Home24, which all have been listed in recent years.

Jumia, its African ecommerce platform, filed last month for a New York initial public offering, which could value the firm at $1.6 billion or more. Global Fashion Group is also expected to pursue a listing soon.

© Thomson Reuters 2023 All rights reserved.