30-11-2016 15:05 via news.yahoo.com

Rocket Internet narrows losses but growth stalls

By Emma Thomasson BERLIN (Reuters) - German e-commerce investor Rocket Internet reined in losses at its main start-ups in the third quarter but revenue growth slowed at meal box delivery business HelloFresh and online furniture site Home24. Founded in Berlin in 2007, Rocket has built up dozens of businesses, ranging from fashion e-commerce to food delivery, in an attempt to replicate the success of Amazon and Alibaba in new markets. As it seeks to prepare the start-ups for stock market listings
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