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> With a €5bn market capitalisation, Rocket is Europe’s most valuable technology company. Seriously? I have no idea why they would say such a thing. I guess th
by rsp1984 11y ago
> With a €5bn market capitalisation, Rocket is Europe’s most valuable technology company.
Seriously? I have no idea why they would say such a thing. I guess they have a rather odd definition of "technology company".
- sellingshoes 11y agoInterestingly, the article claims Rocket is Europe's most valuable tech company, and makes no mention of the most successful former Rocket company: Zalando, which has a market cap above €7bn and went public around the same time as Rocket. Stock of Zalando vs. Rocket: http://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chfdeh=0&chdet=1445536800000&chddm=153871&chls=IntervalBasedLine&cmpto=FRA:RKET&cmptdms=0&q=FRA:ZAL&&fct=big&ei=Zd4oVszTBtCDsAHdpIrgCw http://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&c...
- adventured 11y agoThat is a very bogus claim. Even using a narrow definition of technology company, SAP has consistently been Europe's most valuable tech company. They're worth $91 billion, with $21b in sales and $4b in profit - they make Rocket Internet look like a piker. Even smaller companies like ARM are far beyond the size of Rocket. ARM is worth $22 billion, with $400m in profit.