Zalando Reports 21.7 Percent Growth in First Quarter GMV
Zalando reported first quarter gross merchandise volume rose 21.7 percent to 4.3 billion euros. The result exceeded the 3.5 billion euros seen a year earlier.
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ZALANDO SE reported first-quarter gross merchandise volume rose 21.7% to 4.3 billion euros ($5.03 billion). This result exceeds the 3.5 billion euros in GMV recorded during the same period last year. Sustained double-digit growth suggests the retailer is capturing market share despite broader shifts in European consumer spending.
