German e-commerce investor Rocket Internet’s (RKET.DE) so-called “proven winners” portfolio of a dozen companies had average weighted net revenue growth of 217 percent in the first quarter.

Rocket also said on Wednesday its last portfolio value had increased by 2.3 billion euros ($2.5 billion) since its October initial public offering, and it was on track to start another four new companies this year, bringing its total to 10.

(Reporting by Georgina Prodhan; Editing by Christoph Steitz)

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