Venture capital and online retailing
Founded in Germany in 2007 by three brothers. Incubator and investor in internet companies, predominantly retailers.
|Rocket Internet SE||GER||website|
|Rocket Internet SE|
This company has been criticised for its "copycat" strategy of founding startups which replicate the business models of other established, successful companies. Since starting in 2007, Rocket has backed about 75 tech start-ups in more than 50 countries. Many of these start-ups are 'copied' business ideas applied in emerging markets.
Source: New York Times (2014)
|Subsidiaries||Global Fashion Group SA (20% owned)
- Internet Services Australia 1 Pty Ltd