RKET.F - Rocket Internet SE

Frankfurt - Frankfurt Delayed Price. Currency in EUR
21.82
+0.28 (+1.30%)
As of 10:46AM CET. Market open.
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Previous Close21.54
Open21.38
Bid21.80 x 30000
Ask21.82 x 30000
Day's Range21.38 - 21.82
52 Week Range20.00 - 31.62
Volume33
Avg. Volume1,055
Market Cap3.334B
Beta (3Y Monthly)0.79
PE Ratio (TTM)10.83
EPS (TTM)2.02
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Reuters13 days ago

    Rocket Internet CEO ready to seize tech rout opportunities

    The chief executive of Rocket Internet is poised to pounce if the recent fall in tech stocks continues, putting to work the German ecommerce investor's 2 billion euros ($2.28 billion) of available cash. Oliver Samwer, whose investments in tech companies have made him one of Germany's richest men, said Rocket Internet's cash pile puts it in a good position, especially if the tech market falls by as much as half. Tech stocks, which have been a Wall Street favourite, have fallen in recent weeks after disappointing quarterly reports from Amazon.com Inc and Alphabet Inc prompted fears that a decade-old bull market may be ending.

  • Reuters13 days ago

    Rocket Internet CEO ready to seize tech rout opportunities

    The chief executive of Rocket Internet is poised to pounce if the recent fall in tech stocks continues, putting to work the German ecommerce investor's 2 billion euros ($2.28 billion) of available cash. Oliver Samwer, whose investments in tech companies have made him one of Germany's richest men, said Rocket Internet's cash pile puts it in a good position, especially if the tech market falls by as much as half. Tech stocks, which have been a Wall Street favorite, have fallen in recent weeks after disappointing quarterly reports from Amazon.com Inc and Alphabet Inc prompted fears that a decade-old bull market may be ending.

  • Financial Times13 days ago

    [$$] Rocket Internet swings into profit thanks to rising revenues at start-ups

    Delivery Hero saw revenues rise 52 per cent to €544m over the first nine months of the year, with HelloFresh posting an increase in revenues of 41 per cent to €918m. Westwing, which listed on the Frankfurt stock exchange in October, saw revenues rise 20 per cent to €175m, outpacing Home24, which posted an increase in sales of 13 per cent to €221m.

  • Reuters21 days ago

    Emerging market fashion ecommerce group preparing IPO - report

    Global Fashion Group (GFG), the emerging markets online fashion retailer set up by German ecommerce investor Rocket Internet and Sweden's Kinnevik, is planning a stock market flotation, a magazine reported on Thursday. GFG has previously said a public listing is one option open to the firm, but has not given specific plans. Rocket Internet, which holds a 20 percent stake in GFG, declined to comment.

  • With a new CEO and CTO in place, proptech startup Goodlord raises further £7M
    TechCrunch2 months ago

    With a new CEO and CTO in place, proptech startup Goodlord raises further £7M

    London ‘proptech’ startup Goodlord, which offers cloud-based software to help estate agents, landlords and tenants manage the rental process, has raised £7 million in Series B funding. The round is led by Finch Capital, with participation from existing investor Rocket Internet/GFC, and is roughly equal in size to Goodlord's Series A in 2017. In January, we reported that Goodlord had let go of nearly 40 employees, and that co-founder and CEO Richard White was leaving the company (we also speculated that the company's CTO had departed, too, which proved to be correct).

  • Reuters2 months ago

    Online furniture retailer Westwing to price IPO in upper half of range

    Westwing, the "home and living" company backed by Germany's Rocket Internet (RKET.DE), is expected to price its initial public offering in the upper half of its indicative price range, one of the bookrunners organising the flotation said on Friday. Citing strong demand, Westwing has already brought forward the listing date by two days to Oct. 9.

  • Reuters2 months ago

    Online furniture retailer Westwing to price IPO in upper half of range

    Westwing, the "home and living" company backed by Germany's Rocket Internet, is expected to price its initial public offering in the upper half of its indicative price range, one of the bookrunners organising the flotation said on Friday. It added that the books were covered throughout the revised price range. Citing strong demand, Westwing has already brought forward the listing date by two days to Oct. 9.

  • Wimdu, Rocket Internet's Airbnb clone, to shut down this year ' facing significant business challenges'
    TechCrunch3 months ago

    Wimdu, Rocket Internet's Airbnb clone, to shut down this year ' facing significant business challenges'

    Wimdu, a startup originally hatched out of the Rocket Internet startup factory in Berlin and modelled on the travel acomodation US startup Airbnb, announced that it would be shutting down at the end of 2018, citing "significant financial and business challenges." 100 employees based across Berlin and Lisbon will be affected by the decision, it said. The company has about 350,000 properties on its books and it is not clear whether Wimdu will work with any other organization to transfer those to another lettings platform. The news puts to an end a long-standing attempt by Rocket Internet, and then Novasol -- another property rental platform that acquired the company in 2016 -- to turn Wimdu into the Airbnb of Europe.

  • Reuters3 months ago

    Westwing sets IPO price range, seeks to raise 132 mln euros

    Westwing, the "home and living" company backed by Germany's Rocket Internet, said on Thursday it had set the price range for its planned initial public offering at 23 to 29 euros per share. The company, founded by former Elle journalist Delia Fischer, is seeking to raise 132 million euros ($154 million) in the offering of new shares as it taps into the desires of aspirational consumers - mainly women - with its online shopping club concept. Westwing is part of a wider trend that blends lifestyle and e-commerce and features companies like Hollywood actress Gwyneth Paltrow's Goop, and online luxury fashion retailer Farfetch , whose recent float drew strong interest.

  • Reuters3 months ago

    Rocket Internet prepares IPO for African platform Jumia -sources

    German start-up investor Rocket Internet is preparing its African online shopping platform Jumia for a possible New York listing in the first quarter of 2019 which could value the firm at about $1 billion, three sources close to the matter told Reuters. Citi, Morgan Stanley and Berenberg are coordinating the IPO, the sources said.

  • Reuters3 months ago

    Cash-flush Rocket Internet lifted by $175 million buyback plan

    German ecommerce company Rocket Internet responded to investor calls to use some of its 2.1 billion euro cash pile on Thursday with a plan to buy back shares worth up to 150 million euros ($175 million), 3.6 percent of its outstanding stock. Shares in Rocket, which had a shaky start after listing in 2014 but have risen by more than a third this year after the IPOs of start-ups Delivery Hero, HelloFresh and Home24, were up by 3.3 percent at 0716 GMT.

  • Rocket Internet Posts Hefty Profit, Buys Back Own Shares
    Bloomberg3 months ago

    Rocket Internet Posts Hefty Profit, Buys Back Own Shares

    Rocket Internet SE is on track for its first profitable year since 2014. Rocket, which reported net profit of 297 million euros ($347 million) in the first half, also announced a share buyback program of up to 150 million euros that starts today. The numbers are a boon to Chief Executive Officer Oliver Samwer, who is shifting Rocket to behave more like a venture capital firm, and relying less on its earlier model of cloning successful U.S. internet companies.

  • Reuters3 months ago

    Rocket Internet to buy back up to 3.6 percent of its shares

    German ecommerce company Rocket Internet will buy back up to 150 million euros ($175.25 million) worth of shares, or 3.6 percent of its outstanding stock, as it responds to investor calls to use some of its 2.1 billion euro cash pile. Rocket Internet had a shaky start after listing in 2014 but has seen its share price rise by more than a third this year after it listed a series of start-ups, Delivery Hero and HelloFresh last year, and Home24 in June.

  • Rocket Internet says CFO Kimpel has resigned
    Reuters4 months ago

    Rocket Internet says CFO Kimpel has resigned

    BERLIN (Reuters) - Rocket Internet's finance chief Peter Kimpel had resigned to pursue a new management challenge, the German company said in a statement on Monday. Kimpel, who joined Rocket from Goldman ...

  • Rocket Internet says CFO Kimpel has resigned
    Reuters4 months ago

    Rocket Internet says CFO Kimpel has resigned

    Rocket Internet's finance chief Peter Kimpel had resigned to pursue a new management challenge, the German company said in a statement on Monday. Kimpel, who joined Rocket from Goldman Sachs in 2014 and ...

  • Barclays Hires CFO of Berlin's Tech Star to Run Germany
    Bloomberg4 months ago

    Barclays Hires CFO of Berlin's Tech Star to Run Germany

    Barclays Plc has tapped Rocket Internet SE’s chief financial officer to lead its German operations, according to people with knowledge of the matter. The British bank will soon name Peter Kimpel as head of Germany as early as next week, the people said, asking not to be identified discussing private information. Kimpel joined Rocket as CFO four years ago, according to the company’s website.

  • Reuters4 months ago

    Online furniture retailer Westwing targets late 2018 IPO - sources

    Online furniture retailer Westwing, backed by German ecommerce investor Rocket Internet , is reviving plans for a Frankfurt stock market listing which may come in late 2018, people close to the matter said. The company, which in 2016 shelved its initial public offering (IPO) plans, may sell shares worth about 100 to 150 million euros ($116-$174 mln) - mostly newly issued ones, they said. Westwing may be valued at 400 to 450 million euros in a potential deal, the people said.

  • Should You Buy Rocket Internet SE (ETR:RKET) At This PE Ratio?
    Simply Wall St.6 months ago

    Should You Buy Rocket Internet SE (ETR:RKET) At This PE Ratio?

    This article is intended for those of you who are at the beginning of your investing journey and want to better understand how you can grow your money by investingRead More...

  • Rocket Scores Best IPO as Online Furniture Seller Soars in Debut
    Bloomberg6 months ago

    Rocket Scores Best IPO as Online Furniture Seller Soars in Debut

    Home24 SE rose as much as 35 percent on the online furniture retailer’s first day of trading in Frankfurt, the best ever share debut for a startup backed by Rocket Internet SE. Home24, which sells home furnishings such as sofas and lamps via its websites and apps, rose to a high of 31 euros after setting a final offer price of 23 euros, near the top end of its range. The debut is good news for Rocket Chief Executive Officer Oliver Samwer, who has backed the successful IPOs of food-delivery company Delivery Hero AG, which is active in more than 40 markets, and meal kit startup HelloFresh SE last year.

  • Rocket CEO Samwer Becoming Bolder in U.S. After HelloFresh Boost
    Bloomberg6 months ago

    Rocket CEO Samwer Becoming Bolder in U.S. After HelloFresh Boost

    Rocket Internet SE Chief Executive Officer Oliver Samwer used to shy away from backing European startups trying to make it in the competitive U.S. market. Rocket will incubate and invest in more companies “that can be No. 1 in the U.S.,” after HelloFresh SE turned into the top meal kit service in that market, Samwer told shareholders at the company’s annual general meeting Friday in Berlin. While Samwer used to copy successful U.S. startups and try to replicate their success elsewhere, his ambitions are bigger now.