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ROCKET INTERNET PARTICIPATES IN FINANCING ROUND OF GLOBAL FASHION GROUP AND AGREES TO CONTRIBUTE ITS SHAREHOLDING IN TWO BRAZILIAN E-COMMERCE BUSINESSES (deutsch)

ROCKET INTERNET PARTICIPATES IN FINANCING ROUND OF GLOBAL FASHION GROUP AND AGREES TO CONTRIBUTE ITS SHAREHOLDING IN TWO BRAZILIAN E-COMMERCE BUSINESSES

DGAP-News: Rocket Internet SE / Schlagwort(e): Finanzierung

ROCKET INTERNET PARTICIPATES IN FINANCING ROUND OF GLOBAL FASHION

GROUP AND AGREES TO CONTRIBUTE ITS SHAREHOLDING IN TWO BRAZILIAN

E-COMMERCE BUSINESSES

01.07.2015 / 08:30

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ROCKET INTERNET PARTICIPATES IN FINANCING ROUND OF GLOBAL FASHION GROUP AND

AGREES TO CONTRIBUTE ITS SHAREHOLDING IN TWO BRAZILIAN E-COMMERCE

BUSINESSES

Berlin 1 July 2015 - Rocket Internet SE ("Rocket Internet") today announced

that it is participating in a EUR 150 million internal financing round in

Global Fashion Group ("GFG"). Rocket Internet will invest its pro rata

share of the financing round amounting to EUR 37 million and has undertaken

to guarantee an additional part of the financing round amounting to a

maximum commitment of EUR 49 million. Rocket Internet has furthermore

agreed to contribute the two Brazilian online fashion businesses Kanui and

Tricae from its Latin America Internet Group in a share for share

transaction to realize further synergies.

The financing round provides GFG with additional capital to solidify its

position as the leading emerging markets fashion e-commerce company. The

proceeds will mainly be invested to strengthen GFG's fulfilment, marketing

and product development as well as to build the infrastructure to

capitalize on the synergies between GFG's market-leading online fashion

businesses in Latin America, Middle East, Russia & CIS, India, South East

Asia and Australia.

Kanui is a sports and outdoor e-commerce business in Brazil founded in 2011

mainly focusing on the attractive surf and skate lifestyle verticals, but

also on regular fashion apparel as well as various sports equipment. Kanui

is growing rapidly and generated more than EUR 30 million of net revenues

in 2014. Tricae is a kids and baby e-commerce company in Brazil founded in

2011. It generated more than EUR 20 million of net revenues in 2014. The

two businesses will be integrated into Dafiti, GFG's market leader in Latin

America.

The financing round and the strategic acquisition value GFG in line with

the most recent investment, and imply a post-money valuation of EUR 3.1

billion. Rocket Internet will hold at least 24.2% of GFG after the

financing round and the strategic acquisition.

Romain Voog, CEO of GFG, commented: "The additional capital will give us an

exceptionally strong run-way and allow us to capitalize on the massive

growth opportunity of fashion e-commerce in emerging markets. In addition,

the strategic acquisitions of Kanui and Tricae enable the integration of

two great businesses that have a natural fit with our Latin American brand

Dafiti and are acquired at attractive terms."

Oliver Samwer, CEO and Founder of Rocket Internet said: "We continue to be

very excited about the prospects of international online fashion and GFG in

particular. Romain and his team have made great progress in integrating the

international businesses and the acquisitions of Kanui and Tricae will add

further to GFG's presence and ability to realize synergies."

Ends

Media contact

Andreas Winiarski, Senior Vice President Global Communications T: 49 30 300

13 18 68

E: [e-mail]

About GFG

Global Fashion Group (GFG) operates across four continents and 27

countries, employing over 9,500 people. With a focus on emerging markets,

GFG targets a EUR 630bn fashion market and over 2.5bn people who rapidly

continue to move online and purchase via e- commerce. GFG offers a wide

assortment of leading international and local fashion brands, as well as a

selection of internal brands. GFG invests consistently in delivering the

best customer experience, including last mile delivery networks where

necessary. Global Fashion Group was founded in 2011 by Swedish Investment

AB Kinnevik and German Rocket Internet SE. For further information visit

www.global-fashion-group.com.

About Rocket Internet

Rocket's mission is to become the world's largest Internet platform outside

of the United States and China. Rocket identifies and builds proven

Internet business models and transfers them to new, underserved or untapped

markets where it seeks to scale them into market leading online companies.

Rocket is focused on online business models that satisfy basic consumer

needs across four main sectors: eCommerce, marketplaces, travel and

financial technology. Rocket started in 2007 and has now more than 30,000

employees across its network of companies, which are active in more than

110 countries across six continents. Rocket Internet SE is listed on the

Frankfurt Stock Exchange (ISIN DE000A12UKK6, RKET). For further information

visit www.rocket-internet.com.

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01.07.2015 Veröffentlichung einer Corporate News/Finanznachricht,

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