Kinnevik

Rocket Internet revealed that two supervisory board members from long-standing investor Kinnevik are stepping down after the Swedish fund hit shares in the German e-commerce firm by cutting its valuation for joint holdings. According to a report in Reuters: Rocket...

Global Fashion Group, the e-commerce firm backed by Kinnevik and Rocket Internet, has secured a funding of EUR 300 million, which has been underwritten by Rocket Internet and other existing shareholders. As part of the transaction, Rocket Internet has agreed...