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Shares were up Funding Circle Ltd. Those share sales, and its divestment of Lazada Group SA to Alibaba Group Holding Ltd. Home24 sells its products in Brazil and seven European markets including Germany and France. and Goldman Sachs Group Inc. Home24 wants to use the IPO proceeds to invest in winning more customers in its existing markets, co-CEO Marc Appelhoff said Friday. Berenberg, Citigroup Inc. are arranging the Home24 sale.{/INSERTKEYS}{/PARAGRAPH} Now, online furniture sales are expanding in many markets around the world. That performance beats even that of online fashion retailer Zalando SE , which rose as much as 14 percent on its Frankfurt debut in October The debut is good news for Rocket Chief Executive Officer Oliver Samwer, who has backed the successful IPOs of food-delivery company Delivery Hero AG , which is active in more than 40 markets, and meal kit startup HelloFresh SE last year. The company targets reaching break-even on adjusted earnings within about 18 months. The German business has copied successful U. {PARAGRAPH}{INSERTKEYS}Home24, which sells home furnishings such as sofas and lamps via its websites and apps, rose to a high of 31 euros after setting a final offer price of 23 euros, near the top end of its range. Rocket before the share sale held 41 percent in Home The furniture seller allocated Rocket enough shares so that its holding remains above 30 percent, Appelhoff said. Last month, PayPal Holdings Inc. The startup is already investing in augmented-reality technology with an eye to further improve the buying experience, Appelhoff said on a call with reporters in May. Home24 plans to add showrooms in its other markets as well, Appelhoff said. internet companies by hiring staff, providing management know-how and funding initial marketing -- a formula that has turned its founders, brothers Oliver, Marc, and Alexander Samwer, into billionaires.