Rocket Internet SE / Key word(s): Capital Increase

2015-06-08 / 07:45

Value increase of Delivery Hero

- Delivery Hero now valued at EUR 2.8 billion post money based on third party funding round

- The value of Rocket's stake increased by 35% (or EUR 279 million) relative to the cumulative investments in Delivery Hero

- Introduction of quarterly LPV report to provide further transparency

Berlin, Germany, 8th June 2015 - Rocket Internet SE ("Rocket", ISIN DE000A12UKK6, RKET) announces that Delivery Hero, a key company of Rocket's Global Online Takeaway Group ("GOTG"), has completed a new third party funding round at a higher valuation. GOTG is the global leader in the online takeaway market being present in 60 countries (excluding Africa Internet Group countries), processing around 120 million orders (based on an annualised December run-rate) and generating more than EUR 1 billion of GMV in 2014 (pro forma for acquisitions and on the basis of 100% aggregation of the individual KPIs). Following its recent acquisitions, Yemeksepeti and e-Food, the market leaders in Turkey and Greece, Delivery Hero has raised EUR 101 million to bolster its liquidity.

The financing round subscribed to by well-known new investors resulted in a new post money valuation of Delivery Hero of EUR 2.8 billion. Post this funding round, Rocket's fully diluted stake, held through GOTG, is 38.5% and its last portfolio value ("LPV") is EUR 1,079 million. This represents a significant value uplift of EUR 279 million or 35% relative to the cumulative investments in Delivery Hero.

Oliver Samwer, Founder and Chief Executive Officer of Rocket Internet, commented: "The investments by reputable investors exemplify the attractiveness of Rocket's assets. They demonstrate that the investments in Delivery Hero by the Global Online Takeaway Group, which is today the largest and only strategic shareholder in Delivery Hero, continue to look very promising. They also validate once again the LPV attached to Delivery Hero by renowned third party investors."

In order to make following Rocket's LPV development easier, we will publish an LPV report following the end of each quarter that shows the latest valuations, ownership stakes, resulting LPV, the month of the financing round, participation of third party investors and cash balances. You can access this report on the Rocket webpage under investor relations ( as of today. Also see the appendix to this release. This first report shows Rocket's LPV as of end of April which amounted to EUR 4.7 billion.

Rocket Internet would like to reiterate that it continuously reviews the performance, development and strategic options of its portfolio companies, including its Global Online Takeway Group. This includes an ongoing evaluation of a range of possible funding alternatives, including but not limited to Initial Public Offerings.


Press Contact Rocket Internet

Andreas Winiarski, Senior Vice President Global Communications
T: +49 30 300 13 18 68
E: [email protected]

About Rocket Internet
Rocket's mission is to become the world's largest Internet platform outside of the United States and China. Rocket identifies and builds proven Internet business models and transfers them to new, underserved or untapped markets where it seeks to scale them into market leading online companies. Rocket is focused on online business models that satisfy basic consumer needs across four main sectors: eCommerce, marketplaces, travel and financial technology. Rocket started in 2007 and has now more than 30,000 employees across its network of companies, which are active in more than 110 countries across six continents. Rocket Internet SE is listed on the Frankfurt Stock Exchange (ISIN DE000A12UKK6, RKET). For further information visit

This document is being presented solely for informational purposes and should not be treated as giving investment advice. It is not intended to be (and should not be used as) the sole basis of any analysis or other evaluation. All and any evaluations or assessments stated herein represent our personal opinions. We advise you that some of the information is based on statements by third persons, and that no representation or warranty, expressed or implied, is made as to, and no reliance should be place on, the fairness, accuracy, completeness or correctness of this information or opinions contained herein.
This presentation contains certain forward-looking statements relating to the business, financial performance and results of Rocket Internet SE, its subsidiaries and its participations (collectively, "Rocket") and/or the industry in which Rocket operates. Forward-looking statements concern future circumstances and results and other statements that are not historical facts, sometimes identified by the words "believes," "expects," "predicts," "intends," "projects," "plans," "estimates," "aims," "foresees," "anticipates," "targets," and similar expressions. The forward-looking statements contained in this presentation, including assumptions, opinions and views of Rocket or cited from third party sources, are solely opinions and forecasts which are uncertain and subject to risks. Actual events may differ significantly from any anticipated development due to a number of factors, including without limitation, changes in general economic conditions, in particular economic conditions in the markets in which Rocket operates, changes affecting interest rate levels, changes in competition levels, changes in laws and regulations, environmental damages, the potential impact of legal proceedings and actions and Rocket's ability to achieve operational synergies from acquisitions. Rocket does not guarantee that the assumptions underlying the forward-looking statements in this presentation are free from errors nor does it accept any responsibility for the future accuracy of the opinions expressed in this presentation or any obligation to update the statements in this presentation to reflect subsequent events. The forward-looking statements in this presentation are made only as of the date hereof. Neither the delivery of this presentation nor any further discussions of Rocket with any of the recipients thereof shall, under any circumstances, create any implication that there has been no change in the affairs of Rocket since such date. Consequently, Rocket does not undertake any obligation to review, update or confirm recipients' expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of the presentation.
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Additional features:

Document title: Rocket Internet SE LPV as of end of April 2015

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