BERLIN/FRANKFURT, Sept 3 (Reuters) – Europe’s biggest online
fashion player Zalando announced plans to list a stake in the
business in hopes of raising more than 500 million euros ($657
million) to fund further expansion.
Zalando said on Wednesday it wanted to list a stake of 10-11
percent on the Frankfurt stock exchange this year, which could
value the company at about 6 billion euros in one of Germany’s
biggest tech flotations for years.
BERLIN, Aug 28 (Reuters) – Zalando unveiled a new
advertising campaign, website, packaging and apps on Thursday -
and gave a deeper insight than ever before into the inner
workings of Europe’s biggest online fashion player as it
prepares for a likely listing.
At the German retailer’s first-ever news conference, in a
converted industrial building in trendy east Berlin, its three
management board members said the start-up launched in a
basement just six years ago was now growing up.
LONDON, Aug 21 (Reuters) – Online furniture retailer Home24,
a German-based start-up which hopes to challenge IKEA’s
dominance, is expanding to Belgium, its sixth market,
and plans to launch in other countries in the next year, its
managing director told Reuters.
Home24 was launched in 2011 by Rocket Internet, the venture
capital group which has founded dozens of start-ups in recent
years and is expected to list its shares in Frankfurt in coming
months, according to financial sources.