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Home Posts tagged "Rocket Internet"

Rocket Struggles to Prove Its Profits Can Take Off

By Daniel Laury | tech news, Venture Capital | Comments are Closed | 18 July, 2016 | 0

Original Source: http://on.wsj.com/2a50vYb German tech company has created 100 startups, many of which remain unprofitable Rocket co-founder and Chief Executive Oliver Samwer once was hailed as Europe’s great hope at rivaling the startup prowess of Silicon Valley. These days, the 43-year-old and his executives are explaining why Rocket isn’t another tech-bubble bust. PHOTO: BRITTA PEDERSEN/DPA/ZUMA PRESSRead more

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