Reginal Thomas
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Rocket Internet Is Looking To Raise 750 Million Euros In European IPO


Rocket Internet, a Germany based venture capital group, is going to unveil a plan to float a stake of 15% of the company in an IPO worth 750 million euros on Wednesday. Rocket Internet is looking to be the largest internet empire outside of the United States and China, replicating the success of other retailers such as Amazon.com and Alibaba.