Zalando SE will be included in the DAX with effect from September 20. The online platform has been part of the MDAX since 2015 and is now, 13 years after the company was founded, part of the leading German index.
“We are proud of what the Zalando team has built up in recent years. Together we have developed a start-up that sold flip-flops from a basement into a Europe-wide platform with around 45 million customers . And the really great opportunities are still ahead of us, “says Zalando co-founder and co-CEO Robert Gentz.
Zalando, founded in Berlin in 2008, has grown steadily since its IPO and quadrupled its business between 2014 and 2020. Today Zalando has around 45 million active customers and offers over 4,500 brands and partners.
The company is relying on a platform strategy in order to continue to grow and advance the digitization of the industry. By 2025, Zalando aims to increase its gross merchandise volume (GMV) to more than 30 billion euros.
In addition, Zalando wants to achieve a long-term share of over 10 percent in the European fashion market, which has a volume of around 450 billion euros.
“Our success is deeply anchored in the Zalando culture, which is based on trust, transparency and entrepreneurship,” says co-founder and co-CEO David Schneider. “Customer focus and close partnerships are key factors for us to be successful. We are constantly testing and scaling new ideas in order to unlock the collective potential of the fashion industry.”
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