New | Rocket Internet loan portfolio value rises by 2 billion euros since IPO

German e-commerce company Rocket Internet reported on Tuesday the loan portfolio value of its investments has risen by €2 billion since its initial public offering in October last year, due in part to its push into online takeaway delivery.

Ahead of its offering, the company had reported a loan portfolio value of €4.47 billion for its top 11 companies, which it describes as "proven winners". Rocket only discloses the financial performance of its top dozen or so companies.

Europe's biggest internet company said full-year 2014 sales of €104 million compared to €72.5 million in 2013.

For the handful of analysts who maintain estimates on the company, the consensus revenue forecast was €119.83 million for 2014.

Berlin-based Rocket, which holds mostly minority stakes in more than 100 start-ups it has funded since it was founded in 2007, only reports revenue from investments in which it holds a majority stake under German accounting rules.

Rocket said its "proven winners" portfolio of more established companies posted average weighted net revenue growth of 82 per cent. Revenue for its food delivery investment, Hello Fresh, grew almost fivefold to €70 million, making it the group's fastest growing company, it said.