| Date | Title | Description |
| 29.10.2024 | Paretos: The Rising Star in Decision Intelligence | In the heart of Heidelberg, a storm is brewing. Paretos, an AI startup, has just secured €8.5 million in a Series A funding round. This isn’t just a financial boost; it’s a launchpad. With this capital, Paretos aims to solidify its position... |
| 28.10.2024 | German paretos secures €8.5M Series A | The Heidelberg-based AI startup paretos has closed its €8.5 Series A funding round. The funding is led by Acton Capital, known for its investments in companies such as Etsy, Cyberport, and HomeToGo. Existing investors UVC Partners and LEA P... |
| 28.10.2024 | German AI startup paretos raises €8.5 million to grow as a market leader in Decision Intelligence | The Heidelberg-based AI startup paretos, a market leader in Decision Intelligence, has successfully closed its Series A funding round, raising an additional €8.5 million. The funding is led by Acton Capital, renowned for its investments in ... |
| 31.08.2024 | Amazon and Inflection AI: Navigating the AI Landscape with Strategic Moves | In the fast-paced world of artificial intelligence, companies are racing to secure their positions. Amazon and Inflection AI are two players making significant moves that could reshape their futures. Both companies are leveraging partnershi... |
| 31.08.2024 | Amazon заключил коммерческое соглашение с разработчиком систем ИИ-автоматизации робототехники Covariant | Стартап из Bay Area, как объявляет Amazon, продолжит работать в привычном режиме. Финансовые условия соглашения не разглашаются.
Похожую сделку корпорация заключила в июне, когда наняла основателей Adept, схожего стартапа по ИИ-автоматизаци... |
| 28.05.2024 | Eficode acquires Jodocus and reinforces Atlassian Cloud skills and Atlassian partnership in Germany | Eficode acquires Jodocus and reinforces Atlassian Cloud skills and Atlassian partnership in Germany
Tue, May 28, 2024 09:55 CET Report this content Read original
Helsinki, Finland, 28 May 2024— Eficode has acquired Jodocus, the first cloud-... |
| 08.07.2023 | Crate And Barrel Takes A Purposeful Turn As Home Furnishing Demand Drops | Tyson Galleria Shop, VACourtesy of Crate & Barrel |
| 09.05.2023 | Otto Group Enters Strategic Partnership with Covariant to Power its Logistics Network with AI Robotics | Companies will begin by deploying more than a hundred robots
It’s no secret that the logistics industry is undergoing unprecedented change. To build a foundation for future growth, the Otto Group, the largest online retailer with European o... |
| 23.02.2023 | Otto Group revenue to shrink 2 percent | Otto Group has an expected revenue of 12 billion euros for 2022. This is a 2 percent decrease compared to the year before. In Germany, ecommerce sales fell as much as 8 percent, while international sales have increased.
The German Otto Grou... |
| 27.10.2021 | Корпоративные студии: зачем крупным компаниям свои фабрики стартапов? | Корпоративные студии: зачем крупным компаниям свои фабрики стартапов? |
| 27.05.2021 | Online fashion retailer About You plans blockbuster IPO for Q2, aims to raise €600 million in private placement of shares | Hamburg-based fashion e-tailer About You has announced its intention to list on the Frankfurt Stock Exchange as of Q2 of this year. With the listing, About You will also file an accompanying private placement reserved for institutional inve... |
| 15.03.2021 | Polish InPost acquires Mondial Relay | Polish parcel locker company InPost has acquired Mondial Relay, a major logistics company from France. InPost will pay 565 million euros to buy Mondial Relay and thus expand its international presence.
The acquisition follows after years of... |
| 04.09.2020 | Otto Group closes German returns-processing facility | Otto Group has announced the upcoming closure of the last returns-processing facility in Germany. The facility is operated by Otto subsidiary Hermes Fulfilment in Hamburg and will be closed down in the second half of next year.
The Otto Gro... |
| 11.02.2020 | Otto Group’s online revenues €8.1 billion in 2019 | The Otto Group saw its global online revenues increase to 8.1 billion euros in the 2019/2020 financial year. This is an increase of over 5 percent compared to the situation one year before.
In 2018, the Otto Group saw its ecommerce sales be... |
| 11.12.2019 | Otto Group sells Sportscheck | Galeria Karstadt Kaufhof has acquired multichannel retailer Sportscheck from the Otto Group. The Otto Group decided to sell its daughter company, because it thinks this gives Sportscheck the best possible chance of long-term business viabil... |
| 23.05.2019 | Otto Group’s online revenues increase to €7.7 billion | Otto Group, one of the world’s largest online retailers, saw its online sales increase to approximately 7.7 billion euros in the 2018/19 financial year. That’s an increase of 4.5 percent compared to the situation one year before.
Most of th... |
| 07.09.2018 | Dan Wagner tells his side of the story on the Powa Technologies collapse | Powa Technologies
Powa CEO Dan Wagner.
Dan Wagner is finally ready to talk about Powa Technologies again.
Payments business Powa, founded and ran by Wagner, was once worth $2.7 billion and raised over $200 million in debt and equity. But it... |
| 06.04.2018 | Otto Group’s online revenues increase to €7.8 billion | Ecommerce shows to be an increasingly important part of the Otto Group’s business. The company saw its online revenues worldwide increase grow 10.9 percent to 7.8 billion euros. In Germany, the online business of the Otto Group generated re... |
| 09.08.2017 | Otto’s subsidiary Bonprix expands to Norway | Fashion retailer Bonprix has opened an online store in Norway, which marks the 30th market where this German fashion brand has a presence. Within the Otto Group, Bonprix is now the most international brand and is also one of the Group’s l... |
| 19.05.2017 | Otto Group’s ecommerce revenue increases to €7 billion | The Otto Group saw its revenue increase by 3.4 percent during the 2016/2017 financial year. The turnover is now worth 12.5 billion euros, while the German retailer saw its EBITDA increase to 730 million euros, the highest level for many yea... |
| 05.04.2017 | Advent and Bain Capital to Acquire Ratepay | Advent International and Bain Capital Private Equity have signed an agreement to acquire Ratepay GmbH, the German online payment services arm of the Otto Group, for an undisclosed sum. It is planned that Ratepay will be integrated with Conc... |
| 29.03.2017 | Otto Group’s online revenue grows 10% to €7 billion | Otto Group saw its revenue increase by 5 percent and once again ecommerce was the growth driver for the international retail and services group. Online sales increased by just under 10 percent and was worth almost 7 billion euros last year.... |
| 24.02.2017 | Otto Group’s ecommerce revenue will grow to €7 billion | The Otto Group will raise its ecommerce revenues to almost 7 billion euros in the current financial year. The online retail and services business of the German company grew 615 million euros, which corresponds to a 10 percent growth.
The Ot... |
| 25.02.2015 | Otto Group plans more investments in ecommerce startups worldwide | In the coming financial year 2015/2016, the Otto Group plans a high double-digit million investment in the venture capital business. With this move, the international retail and services group will build on its position as one of the larges... |
| - | Otto Group’s revenue drops 9% | The German well-known Otto Group’s global ecommerce revenue is expected to reach 10.8 billion euros in the financial year of 2023, which ends today. This is a decrease of 9 percent compared to a year earlier. Unlike previous years, the decr... |
| - | Online fashion retailer About You plans blockbuster IPO for Q2, aims to raise €600 million in private placement of shares | Hamburg-based fashion e-tailer About You has announced its intention to list on the Frankfurt Stock Exchange as of Q2 of this year. With the listing, About You will also file an accompanying private placement reserved for institutional inve... |
