Tuesday, May 31, 2016

Rocket Internet's CEO Oliver Samwer on Q1 2016 Results - Earnings Call Transcript





Rocket Internet verringert seine Verluste

Rocket Internet SE and Global Fashion Group: They fell from three billion to one. Investors react in panic. 


All European countries fit in Brazil, Russia, Africa or Australia.
It means: If you want to replicate a big success in Brazil, it will be as hard as the same to replicate it in all European countries, but in this case with 1/8 of population and the majority of the persons DO NOT own or WILL NOT use a credit/debit card to buy online! They will prefer to research online and then buy offline.
Many if not most, USA, Canada or European businesses models are unfeasible in Latin American countries, African countries, Russia or even Australia. (transportation costs could be 10 times bigger than Europe)  All the domino should fall ...  when they run out of money! 

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