Rocket Internet SE (RKET.HM)
Rocket Internet SE operates in the Investment - Banking & Investment Services industry of the Financial Services sector, headquartered in Berlin, BE, DE. The stock last traded at $20.80, up 2.97% on the session, giving a market capitalisation of $1.69B. Its beta of 0.24 implies it has historically moved less than the broad market.
Rocket Internet SE functions as an incubator, private equity, and venture capital firm, dedicating its resources to fostering and funding companies across all growth phases, from initial incubation and early-stage development to providing growth capital, late venture, and later-stage support for startups. The firm strategically invests in internet-centric businesses, with a particular emphasis on online and mobile retail services. Its investment mandate encompasses a broad spectrum of technology and internet-based enterprises. Key sectors of interest include financial technology (FinTech), software development, and the food and grocery sector, which covers everything from personalized fresh food delivery to online meal services. They also target fashion (especially online fashion in emerging markets), general merchandise (including online retail and marketplaces in emerging economies), international e-commerce for home and living products, and the travel industry (spanning online and mobile booking platforms, mobile data services, and complete package holidays). Additionally, Rocket Internet backs regional internet groups and explores new business opportunities and investments. Geographically, the firm's primary target regions are Europe, Africa and the Middle East, Russia and the CIS, Asia and Pacific (excluding China), and Latin America. Established in 2007 as Rocket Internet AG, Rocket Internet SE is headquartered in Berlin, Germany, and maintains a substantial international footprint with offices throughout Africa, Asia, Europe, North America, and South America.
Rocket Internet SE is most often compared with the following Financial Services names: