BERLIN: Germanys ambitious start-up platform Rocket Internet made its high-profile arrival on the Frankfurt stock market yesterday but got off to a disappointing start as shares slumped in morning trading. Shares were issued at €42.50 (RM174 ) ” which would value Rocket at €6.7 billion, more than Lufthansa airline ” but lost six per cent in early trading. After more than five million shares had been traded in the first hour, the price was down 2.26 per cent to €41.54. Rocket Interent owns a range of businesses worldwide in e-commerce, online retail and Internet-based payment systems. AFP
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