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Amazon continues to dominate German e-commerce

Monday 26 May 2014 | 10:49 CET | News
Amazon's e-commerce revenue in Germany reached EUR 6.48 billion in 2013, according to a report by the Institute for Trade Research (IFH) on behalf of Focus magazine, said onlinekosten.de. Second came Hamburg-based Otto Group, with EUR 4.2 billion e-commerce turnover, up from EUR 340 million in the past four years. Berlin-based clothing retailer Zalando had EUR 850 revenue last year, up 500 percent since 2010. Zalando is planning a stockmarket launch his year. Amazon has almost doubled its turnover since 2010, and total e-commerce revenue in Germany has surged 58 percent in the same period.

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Categories: Internet
Companies: Amazon
Countries: Germany
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