Loss-making Rocket Internet hopes to raise €1.6 billion

23 Sep 2014
According to Rocket Internet's IPO prospectus released today (PDF in English), the company expects to raise up to €1.6 billion ($2.1 billion U.S.) by issuing 33 million new ordinary shares at a price somewhere between €35.50 and €42.50 per share.<a href="http://a6a.0c6.myftpup


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Christo Volschenk

Christo Volschenk is managing editor of the news on Aimgroup.com and our senior analyst covering Naspers. He brings more than 31 years of experience in business journalism to the team - the last 18 years focused on classifieds and e-commerce. Apart from working closely with the AIM Group, Christo is a freelance journalist, content manager, and copy editor. Before branching out on his own, he spent 15 years with Naspers in South Africa as journalist, economics editor and online project manager. He now spends most his day editing the news reported by 23 colleagues in 23 countries from his base in Stuttgart, Germany.