Rocket Internet losses triple in 2016
http://ift.tt/2pj496o
http://ift.tt/2pgBcIo
It is clear they have plenty of cash to burn, perhaps no more than that!
Many if not most, USA, Canadian or European businesses models are unfeasible in Latin American countries, African countries, Russia or even Australia because transportation costs could be 10 times bigger than in Europe.
All European countries fit in Brazil, Russia, Africa or Australia.
It means: If you want to replicate a big success in Brazil, it will be as hard as the same to replicate it in all European countries, but in this case with 1/8 of population compared to Europe!
All the domino should fall ... when they run out of money!
Kinnevik has finally lost patience. Rocket Internet SE Loses Biggest Investor
http://ift.tt/2njF9LM
Rocket Internet. / All ventures are created using a complex system of shell companies. /
http://ift.tt/2m9zqI8
http://ift.tt/2eNXY6A
http://ift.tt/2mFM52j
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Rocket Internet SE: Der Fall Ikarus
http://ift.tt/2nTWBTX