Yuri Milner revealed as German business incubator's major investor
N 25 April 2013

Yuri Milner revealed as German business incubator's major investor

A presentation from Rocket Internet, a German business incubator, reveals Yuri Milner as one of the company's principal investors. The presentation, found by the German Manager Magazine, was made for future investors, and lists Rocket Internet's current shareholders. The entrepreneur is best known as co-founder of Russia's Mail.Ru Group digital empire.

Swedish firm Investment AB Kinnevik is the largest, having invested over a billion dollars in the project. It is followed by Yuri Milner's DST Global, whose investment was worth $315 m., according to Manager Magazine.

Specialising in online commerce, Rocket Internet has a vast investment portfolio that lists companies such as Zalando, Jabong.com, Lamoda.ru, Locondo, Iconic, Zanui and Groupon, among others.