Germany-based, corporate-backed venture firm and incubator Rocket Internet hopes to launch at least 10 more startups in 2015, Reuters reported on Monday.
The firm also announced a strategic partnership with Facebook that will give Rocket access to new advertising features still being tested by the social media site.
Founded in 2007, Rocket Internet began trading on the Frankfurt Stock Exchange last month after raising €1.4bn ($1.8bn) in an initial public offering that valued it at €6.7bn.
Rocket Internet’s corporate stakeholders include internet services provider United Internet, telecommunications firm Philippine Long Distance Telephone Company, conglomerate Access Industries, and Holtzbrinck Ventures, the corporate venturing arm of publishing group Georg von Holtzbrinck.