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The Berlin-based company said it placed 12.01
million shares at 49 euros each in order to allow it to pursue
its strategic goals. Rocket has burned through around 1 billion
euros ($1.14 billion) of the 1.4 billion-euro raised via its IPO
in October.
The total proceeds were calculated before any deductions for
commissions and expenses.
Shares of the Berlin-based company fell 7.8 percent in early
trading to 49.50. The 12 million new shares, which will begin
trading on 17 February, represented a 7.8 percent increase in
the company's capital base.
At current levels, the stock is trading 16 percent higher than
its initial floatation price of 42.50.
Over the past week alone, Rocket has announced around a dozen
separate investments in online food and groceries businesses in
markets worldwide as part of a plan to assemble the largest
online takeout food delivery network outside China.
Among the biggest transactions were a new, 30-percent stake in
former rival Delivery Hero, for which Rocket paid 496 million
euros, and an additional 130 million euros paid to raise its
stake in groceries firm HelloFresh to 52 percent.
On Wednesday, Rocket said it was acquiring another food takeway
delivery firm, Kuwait-based Talabat, for around 150 million
euros.
While Berlin-based Rocket sees itself as building an e-commerce
operating empire, some investors prize it as a launchpad for
future stock market listings of everything from online fashion
to home furnishings to personal finance firms.
(Reporting By Eric Auchard; editing by Thomas Atkins)
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