Rocket Internet Loss Widens Following Write-Downs - News Summed Up

Rocket Internet Loss Widens Following Write-Downs


BERLIN—Shares in Rocket Internet SE fell sharply Friday after the German startup incubator said its loss widened in the first six months of the year due to write-downs on its portfolio companies. The shares traded down more than 7% midmorning after falling as much as 11%. The after-tax loss for the January-to-June period was €617 million...


Source: Wall Street Journal September 02, 2016 07:21 UTC



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