Zalando Revenue Gains 5 Percent in Q3 as Company Grows B2B Logistics Business

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Zalando Q3 2024 earnings are in: Revenues rose 5 percent as B2B logistics business grows and consumers spend more.

for the e-commerce firm, as the company bounces back from several quarters of losses following the pandemic boom in online shopping.

“Consumers love the quality brands we are adding, spend time with our exciting digital experiences, and embrace our expanding lifestyle offerings,” chief financial officer Dr. Sandra Dembeck said in a statement.“We believe ’s growth will accelerate from here, as the company continues to spend on marketing and enhance its competitive advantage on services.

Revenues in the firm’s consumer-facing shopping side increased 4.3 percent to 2.2 billion euros as it added half a million users to its ranks in the third quarter, for 50.3 million active users.

 

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