Berlin-based Incubator and the world’s largest internet company clone factory, Rocket Internet GmbH, is planning an initial public offering at $4 billion. Rocket internet is working with Berenberg, JPMorgan Chase & Co. and Morgan Stanley to make the Frankfurt IPO a success.
Rocket has investments in many companies worldwide such as Zalando, Just Eat Plc, Candy Crush maker King Digital and owns over 100 companies(Lamudi, Carmudi, Kaymu, Hellofood, Jumia, Jovago, Easy Taxi) in 50+ countries, Africa inclusive, which are run in partnership with Millicom and MTN and Asia’s Ooredo Telecoms.
According to a Bloomberg report
“We focus on what’s best for the company and that is concentrating on our operations, in order to build a business for the long-term,” Andreas Winiarski, a spokesman for Rocket said to BloomBerg yesterday. He declined to comment on a possible IPO. Representatives at JPMorgan, Morgan Stanley and Berenberg also declined to comment.
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