BERLIN, Sept 10 (Reuters) – German venture capital group
Rocket Internet, which has launched dozens of online start-ups
in recent years, announced plans on Wednesday to raise about 750
million euros ($970 million) by listing a stake as it rides a
wave of e-commerce flotations.
The announcement comes just a week after Zalando, Europe’s
biggest online fashion player that Rocket helped launch, also
announced its intention to float, meaning the two companies will
be competing for investors at the same time.