Naspers sells its stakes in European e-commerce firms Netretail and Heureka to Rockaway Capital for more than €200 million

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Rockaway Capital, a global investment firm based in San Francisco, Prague and Sao Paolo, today announced that it has reached an agreement to acquire 100% of Netretail, a big European online retailer, as well as online price comparison business Heureka.

Netretail is a leading online retailer in Central and Eastern Europe (CEE) with operations in the Czech Republic (, Slovakia (, Poland (, Hungary ( and Slovenia (

South African media conglomerate Naspers, which acquired Netretail in 2012, is selling the holding as well as Heureka in a transaction that it says on Twitter is worth $201 million.

Rockaway, meanwhile, calls it a €200 million acquisition and says the deal will help its combined e-commerce holding to reach €1 billion in revenue in the coming years.

The transaction is subject to antitrust clearance.

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