Rocket Internet-backed e-commerce platform Home24 is seeking between $178 and $235m as it prepares to float on the Frankfurt Stock Exchange.
Home24, a Germany-based online home products marketplace backed by e-commerce holding group Rocket Internet, revealed today that it plans to raise €150m to €200m ($178m to $235m) in an initial public offering.
The company will list on the Frankfurt Stock Exchange, and none of its existing backers intend to divest shares. The offering will take place in Germany and Luxembourg, with private placements outside those jurisdictions.
Founded in 2009, Home24 runs an e-commerce marketplace that lists a total of more…
