Following this investment, in addition to United Internet (10.7%), shares in Rocket will be held by Investment AB Kinnevik (18.5%), Access Industries (8.5%), Philippine Long Distance Telephone Company (8.6%) and the Global Founders Fund (53.7%). United Internet runs internet services compnanies such as 1&1, GMX, WEB.DE, united-domains, Fasthosts, arsys, InterNetX, Sedo and affilinet and has over 6,700 employees. Rocket Internet’s, MTN’s and Millcom’s Africa Internet Holding (AIH) runs Jumia, Lamudi, EasyTaxi, Kaymu, Hellofood, Lendo, Jovago among others in Africa.  

Rocket Internet Sells 10 7  Stake to United Internet for  582 Million - 21