November 30, 2017 / 7:21 AM / in 17 days

Rocket Internet start-ups narrow losses

BERLIN, Nov 30 (Reuters) - German ecommerce investor Rocket Internet reported on Thursday that revenue at its leading start-ups rose 28 percent in the first nine months, while their losses shrank.

Rocket Internet, which invests in businesses from fashion and furniture e-commerce to food delivery, reported aggregate sales of 1.85 billion euros ($2.20 billion) and a consolidated loss of 44 million, down from 642 million a year ago.

Rocket Internet’s biggest start-ups, including HelloFresh and Delivery Hero, which listed earlier this year, had already reported quarterly figures.

$1 = 0.8427 euros Reporting by Emma Thomasson; Editing by Maria Sheahan

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