12 results found for "home24"

Third-party sellers on the curated Home24 marketplace have generated more than 100 million euros in sales. The marketplace was launched in 2022. Since then, the marketplace has grown steadily.

Furniture and houseware retailer Home24 is expanding its marketplace to more European countries. The platform for third-party sellers launched in Germany this summer. By the end of 2022, it will enter Austria, France and Switzerland.

European online furniture store Home24 has acquired Returbo, a German ecommerce company that sells overstock, promotional and second-hand goods and returns. The two companies already worked together since last year, but now Rocket Internet's portfolio company took over Returbo.

Online furniture store Home24 will launch a shop in Italy. This marks the seventh shop in Europe and is already the third one this year. Together with this expansion news, Home24 also presented its half-year figures for the first half of 2014. Things look well for the online furniture shop.

Home24, the online furniture company from Rocket Internet, has doubled the number of its customers to 1 million and had started with optimizing and redesigning its online store so customers get more inspiration when buying furniture online.

The Rocket Internet powered European online webshop for furniture is preparing to enter the Swiss market. The company continues to increase its international presence with a particular focus on European markets. At the same time its increasing the size of its product assortment to more than 50,000 items, making it one of the webshops with the broadest range of furniture, lamps and home accessories available across continental Europe.

Home24 celebrated its 500,000th customer this week. The online shop for all things furniture is only one and a half years active, but it’s getting bigger and bigger every month. Nowadays they sell more than 40,000 products ranging from furniture to cupboards en fireplaces.

Consumers all over the world prefer to buy furniture and appliances offline, as is seen in the fact that only 14 percent of total revenues were generated via online sales in 2020. The German furniture market is very offline focused, yet Otto.de is the biggest online store with net sales of 1.5 billion euros.

Last year, German consumers spent 3.7 billion euros on furniture and houseware online. This is an increase of 9.6 percent compared to the situation in 2015. Germany is one of the largest online furniture markets in the world and is expected to grow 10 percent annually for the next five years. The largest online furniture retailers in Germany have a total turnover of over 1.4 billion euros.

The largest online furniture retailer in Germany is not a known company name from the furniture industry, but mail order company Otto. With approximately 600 million euros in sales in the past fiscal year, Otto was without doubt the online furniture market leader in Germany. It's four times as big as competitor Ikea.

Ikea is a strong household name in the furniture industry. But online it's a different story. It seems the Swedish company has missed the ecommerce boat. For years it ignored online retail, while focusing solely on sales happening in-store. But recently Ikea has been leaning more towards the online channel, as profit is slowing. Can it still succeed online?

Holtzbrinck Ventures has announced the first and final close of its latest fund, with 285 million euros of commitments. With its six fund the venture capital investment firm attracted capital from several investors. This money will be used to back more consumer internet businesses, with an emphasis on ecommerce, ranging from around 500,000 euros to 40 million euros per round.