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IPO around the corner? Zalando reports operating profit in Q2

The European e-commerce giant Zalando continued to grow strongly in the second quarter of 2014. Today the company announced that it reached group revenues of € 1,020-1,060 million in the first...

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Zalando claims to be on track for a profitable year 2014

Zalando SE, Europe’s leading online platform for fashion, today announced that it is on track for a profitable full year after a third quarter marked by continued above-market growth and strong gains...

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Munich: Rocket Internet’s Global Savings Group is profitable and expanding on...

The Global Savings Group (GSG), a leading global digital commerce platform for advertisers, just announced it became profitable in 2016, while also enlarging its service lines to its consumers and...

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Riga-based fintech startup Mintos reaches profitability as it eyes global...

Three years after launch, the Riga-based fintech startup Mintos has turned an annual profit for the first time. The company’s revenue increased more than four-fold in 2017 to over €2.1 million and net...

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Stockholm-based e-scooter operator Voi achieves profitability in June and...

Voi, the pan-European micro mobility startup, today announced that it has reached its first ever monthly profit at group level for the month of June, less than two years since it launched the e-scooter...

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Berlin-based fintech Solaris closes €38 million Series F with profitability...

The year 2022 put Solaris to the test. The company closed the fiscal year with net revenues of  €130 million, a growth of 30% compared to the previous year, but a loss of €56 million. The management...

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Copenhagen-based Podimo bags €44 million to lead the way in the spoken audio...

Podimo, one of Europe’s fastest-growing podcast and audiobook subscription service, announced a significant milestone with the successful closing of a combined funding round totaling €44 million from...

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