Zalando Services Revenues Grow by 93% This Half-Year

Today, Zalando published the company’s half-year results.

Zalando wants to grow by at least 22.5% in the full year, after growing by 21.5% in the first half of the year, with growth by 16.5% in the DACH region:

Zalando

Zalando grew slower also thanks to reduced marketing. Marketing made up only 7.3%, compared to 10.5% in 2016.

Zalando is going stronger into services and thus is investing more heavily in fulfillment:

Zalando-costs

Services keep growing strongly:

Zalando-Services

Last year, Zalando made €86 million (+145%) in revenues with “other services”. The latest half-year saw growth from €29.4 million to €56.8 million (+93%):

Zalando-revenues

On the M&A side, according to the half-year report (PDF), Zalando paid €26.7 million all in all for German brick-and-mortar sports retailer Kickz and Anatwine.

By Jochen Krisch and Marcel Weiß

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