Rocket's Global Fashion raises $364m. Group's valuation crashes more than 50% from last year

Rocket's Global Fashion raises $364m. Group's valuation crashes more than 50% from last year

The logo of of Rocket Internet, a German venture capital group is pictured in this September 24, 2014 illustration photo in Sarajevo. REUTERS/Dado Ruvic/File Photo

Rocket Internet SE, Germany’s highest-profile startup investor, contributed 68 million euros to a 330-million-euro ($364 million) funding round for its startup Global Fashion Group, completing a deal first announced in April.

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