Rocket’s holding course


Berlin-based e-commerce investor Rocket Internet, which has Lazada among others in its stable, says profitability takes time as it’s in the business of building companies, and not M&As.

GERMAN e-commerce investor Rocket Internet expects three of its top online start-ups to break even by the end of 2017 and pledged not to raise more capital or make big acquisitions for a few years.

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