Rocket Internet says 'proven winners' revenue tripled in Q1

[FRANKFURT] German e-commerce investor Rocket Internet's so-called "proven winners" portfolio of a dozen companies had average weighted net revenue growth of 217 per cent in the first quarter.

Rocket also said on Wednesday its last portfolio value had increased by 2.3 billion euros (S$3.43 billion) since its October initial public offering, and it was on track to start another four news companies this year, bringing its total to 10.

REUTERS