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Name the internet company that has fallen to a fraction of its former value following increased competition, corporate losses, and a historic hack of its accounts?

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User Betina
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An interent company that has fallen to a fraction of its former value following increased competition, corporate losses, and a historic hack of its accounts is Rocket Internet. It's a company that specializes in web startups. The company lost $690 million due to online fashion startups.
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User Kamilz
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