Rocket Internet stems losses despite slower sales growth

Rocket Internet stems losses despite slower sales growth

Oliver Samwer, CEO of Rocket Internet, a German venture capital attends the shareholder meeting in Berlin, Germany, June 23, 2015. REUTERS/Fabrizio Bensch/Files

The major start-ups of international ecommerce investor Rocket Internet managed to reduce their losses in the first quarter, the German company said on Tuesday, although revenue growth slowed and even went into reverse at two general merchandise sites.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter