Ecommerce News

Germany

The Platform Group raises GMV by 47%

The Platform Group raises GMV by 47%

The Platform Group (TPG), the German company behind several vertical marketplaces, has significantly increased its trading volume, revenue, and profit in the first half of this year. The number of active customers and sales partners also grew strongly. By the end of this year, the group expects to have 16,500 partners, partly due to new acquisitions.

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3 million new customers for Zalando

3 million new customers for Zalando

Zalando once again looks back on a strong quarter, with higher revenue and increased profit. The number of customers is 3.1 million higher than in the second quarter of last year. The German company now serves 52.9 million consumers across Europe. With a new feed, Zalando aims to better engage and retain these users.

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German ecommerce continues to rise

German ecommerce continues to rise

“The upswing is here”, writes bevh above a report on online retail spending in Germany. According to the industry association, consumers spent 39.84 billion euros on products online in the first half of this year. This marks a 3.5 percent increase compared to the same period last year. The growth was even stronger in the second quarter.

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