Slide 1: 2015 Q1 Proven Winners Update
Presentation1 Agenda Page [PRESENTATION TITLE] April 2015 STRICTLY PRIVATE AND CONFIDENTIAL 2015 Q1 Proven Winners Update [CLIENT NAME] July 22nd, 2015
Slide 2: Disclaimer
Disclaimer This document is being presented solely for informational purposes and should not be treated as giving investment advice. It is not intended to be (and should not be used as) the sole basis of any analysis or other evaluation. All and any evaluations or assessments stated herein represent
Slide 3: Proven Winners Q1 2015 Results
Proven Winners Q1 2015 Results
Slide 4: Proven Winners with Significant Increase in Revenue/GMV
Proven Winners with Significant Increase in Revenue/GMV Revenue/GMV bridge excluding Food & Grocery € 52m € 590m(1) € 215m € 86m € 237m(1) Q1 2014 Fashion General Merchandise Home & Living Q1 2015 Source: Respective company’s unaudited consolidated financial statements based on IFRS and management r
Slide 5: Continued Strong Growth Across All Proven Winners
Continued Strong Growth Across All Proven Winners Net revenue / GMV Growth Q1 2014-2015 369% 363% 329% 225% 217% 148% 129% 128% 95% 81% 55% 39% 36% n.a. Overall Pro-forma weighted combined average(1) General Food & Grocery Fashion Home & Living Merchandise Source: Respective company’s unaudited cons
Slide 6: Strong EBITDA Margin Improvement as Proven Winners Scale
Strong EBITDA Margin Improvement as Proven Winners Scale Average Average (39%) (34%) Adj. EBITDA Margin Q1 2015 (36%) Adj. EBITDA Margin Q1 2014 (17%) (44%) Adj. EBITDA Margin(1) (44%) Percentage Point (26%) Improvement 5pp (7%) Q1 FY2015 / Q1 FY2014 (47%) (57%) (1) (49%) (35%) (1) (47%) (40%) (22%)
Slide 7: LPV Update as of End of June 2015
LPV Update as of End of June 2015 :in comparison to IPO EUR bn 1.2 6.1 +€2.3bn +€2.2bn +€1.2bn 0.2 4.8 DH, NR, 0.2 0.6 PB(1) 0.2 0.3 3.4 Proven Emerging Concepts Regional Strategic Other Total LPV Net cash Total LPV Winners Stars Internet Participations Investments (June 15) + Net cash Groups Notes:
Slide 8: LPV Distribution by Sector
LPV Distribution by Sector LPV EURbn 1.9 3% 2% 4% 7% 8% 38% Total LPV 12% 12% 14% 0.7 0.6 0.6 0.4 0.4 0.2 0.1 0.1 Travel Marketplace Financial General Others Regional Home & Living Fashion Food & Grocery Technology Merchandise Internet Groups Source: Company information Note: Fashion includes Global
Slide 9: Delivery Hero Maintains Strong Growth Trajectory in 2015
Delivery Hero Maintains Strong Growth Trajectory in 2015 Orders GMV (m) (EURm) Quarterly Quarterly 660 39 Already 65% of Already 69% of H2 2014 H2 2014 +201% +240% 303 295 16 17 98 5 2013A 2014A Q1 2014A Q1 2015A 2013A 2014A Q1 2014A Q1 2015A Source: Unaudited Delivery Hero information (management a
Slide 10: Delivery Hero
Delivery Hero Key Financials and KPIs Key Highlights FY FY Acquisition of Turkish market leader Yemek EUR m 2013 2014 Sepeti, Middle East market leader Talabat and GMV (EURm) 303 660 Greek market leader e-Food % YoY growth 117.9% Valuation at EUR 2.8bn based on last financing Net revenue 41.7 88.0 r
Slide 11: foodpanda
foodpanda Key Financials and KPIs Key Highlights FY FY Q1 Q1 Increasing importance of mobile with 8m EURm 2013 2014 2014 2015 mobile app downloads and 43% of all orders GMV (EURm) 6.5 116.7 n.a. 52.1 coming from mobile devices % YoY growth n.m. n.a. Improved retention for mobile and app Net Revenue
Slide 12: HelloFresh
HelloFresh Key Financials and KPIs Key Highlights FY FY Q1 Q1 Continued strong growth trajectory across all EURm 2013 2014 2014 2015 geographies with runrate of 50m servings in Net revenue 14.6 70.1 n.a n.a. May 2015 % growth 379.9% n.a. Entry into Belgian market in January 2015 Adj. EBITDA(1) (5.2)
Slide 13: Global Fashion Group
Global Fashion Group $ 27 >EUR 1.2bn EUR 164m >10.5m 21m markets ann. GMV Cash (end Mar-15) (1) customers ann. orders Source: Unaudited company information Note: KPIs except customers are based on Q1 2015 annualised; total customers excluding Jabong (1) Cash excludes EUR 150m funding round announced
Slide 14: Global Fashion Group
Global Fashion Group Q1 2015 Net revenue EURm 182 (1) (1) 46 45 44 (1) 28 (1) 18 Pro-forma combined (2) (2) (2) (2) BRL 147m RUB 3,205m INR 1,992m AED 76m Source: Respective company’s unaudited consolidated financial statements based on IFRS and management reports Notes: (1) Converted to EUR using 1
Slide 15: Dafiti
Dafiti Key Financials and KPIs Key Highlights FY FY Q1 Q1 Continued improvement in market position BRLm 2013 2014 2014 2015 and share Net revenue 419.3 592.2 105.8 147.5 % growth 41.2% 39.3% Acquisition of Kanui and Tricae improving Gross profit 143.0 222.4 38.0 48.6 scale (pro forma 2014 revenues c
Slide 16: Lamoda
Lamoda Key Financials and KPIs Key Highlights FY FY Q1 Q1 Further optimization of brand portfolio as RUBm 2013 2014 2014 2015 well as private label with focus on margin Net revenue 5,150.0 9,496.2 1,643.5 3,204.8 improvements % growth 84.4% 95.0% Gross profit 2,038.2 3,879.1 545.1 1,361.1 Investment
Slide 17: Jabong
Jabong Key Financials and KPIs Key Highlights CY CY Q1 Q1 Continued market leadership in online INRm 2013 2014 2014 2015 fashion with high brand recognition and Net revenue 3,442.9 8,114.1 1,466.3 1,992.4 exclusive lines % growth 135.7% 35.9% Successful extension of the delivery service Gross profit
Slide 18: Namshi
Namshi Key Financials and KPIs Key Highlights FY FY Q1 Q1 AEDm 2013 2014 2014 2015 Strong growth with significant margin Net revenue 53.2 167.7 23.5 76.2 improvement % growth 215.2% 224.8% Focus on expanding assortment with local Gross profit 24.3 91.0 12.0 40.8 and international brands % margin 45.
Slide 19: Zalora
Zalora Key Financials and KPIs Key Highlights FY FY Q1 Q1 Strong growth across all countries and EURm 2013 2014 2014 2015 continued market leadership in South East Net revenue 68.8 117.2 n.a. 44.3 Asia as well as Australia % growth 70.2% n.a. Gross profit 26.3 40.0 n.a. 15.4 Re-launched mobile apps
Slide 20: Lazada
Lazada Key Financials and KPIs Key Highlights FY FY Q1 Q1 USDm 2013 2014 2014 2015 Established itself as the main gateway to 94.8 383.8 45.3 209.5 South East Asia for international brands GMV and merchants, and its focus on cross- % growth 304.8% 362.8% border sales is continuing to drive Net revenu
Slide 21: Linio
Linio Key Financials and KPIs Key Highlights FY FY Q1 Q1 Focused efforts on growing the marketplace EURm 2013 2014 2014 2015 led to high growth in the gross merchandise value GMV 61.5 127.4 17.6 43.6 (GMV) and ca. 52% marketplace share in Q1 % growth 107.2% 147.7% Net revenue 47.9 61.9 12.5 20.0 Con
Slide 22: Jumia
Jumia Key Financials and KPIs Key Highlights FY FY Q1 Q1 Triple-digit growth rate driven by: EURm 2013 2014 2014 2015 GMV 34.7 94.5 13.1 56.1 Enlargement of the customer base % growth 172.0% 328.9% Expansion of product assortment and Net revenue 29.0 61.8 n.a. n.a. introduction of new brands % growt
Slide 23: Home24
Home24 Key Financials and KPIs Key Highlights FY FY Q1 Q1 Third quarter in a row with above 100% Y-o-Y EURm 2013 2014 2014 2015 growth Net revenue 92.8 160.1 26.3 59.8 % growth 72.5% 127.6% Continued focus on assortment and private Gross profit 36.2 58.9 10.9 21.4 label % margin 39.0% 36.8% 41.7% 35
Slide 24: Westwing
Westwing Key Financials and KPIs Key Highlights FY FY Q1 Q1 Continued strong growth driven by EURm 2013 2014 2014 2015 customer loyalty, marketing, and focus Net revenue 110.4 183.3 33.3 51.8 on assortment % growth 66.1% 55.4% Gross profit 44.9 79.3 14.8 20.9 Technology push, especially mobile % mar
Slide 25: Platform Update
“gf ROCKETINTERNET Platform Update
Slide 26: Rocket Internet Launched New Business Models in 2015
Rocket Internet Launched 6 New Business Models in 2015 Company Business model Launch countries Marketplace Marketplace for buying and selling Carspring used cars UK Marketplace for hair and Vaniday UAE, BR, IT, AU beauty bookings SoMuch Membership program for fitness, health, and well-being activiti
Slide 27: SkyRocket: New Unified Rocket Platform for Company Building
SkyRocket: New Unified Rocket Platform for Company Building Universal Platform decreases cost to enter new sectors Past Platform New SkyRocket Platform Unified Platform eCommerce Subscription Urban Delivery Module Module Module Market place eWallet Module Booking/Schedulin Module g Module Mobile fir
Slide 28: Financing Update
“gf ROCKETINTERNET Financing Update
Slide 29: Update on Recent Convertible Issuance
Update on Recent Convertible Issuance Transaction Volume: EUR 550m Maturity: July 22, 2022 Interest rate: 3% p.a. Conversion price: EUR 47.5 Dilution in case of conversion: 7% Pro forma cash post issuance: EUR 1.8bn 28
Slide 30: Update Financial Calendar
Update Financial Calendar Capital Markets Day in London 30th September Publication of H1 2015 interim financial 2015 statements 1st October Capital Markets Day in New York 2015 29