Kinnevik reports Zalando numbers separately

Kinnevik reports Zalando numbers separately

Kinnevik, Zalando's most important shareholder, has released its Q1 2014 financial numbers today and it has kept Zalando's numbers separately, which is a new step towards the e-tailer's IPO. Zalando will release its numbers on 9 May.

IPO closeby

"Zalando is still a young company with the potential to deliver much more. However, Zalando has gone from strength to strength, achieving record-fast customer and sales growth", Kinnevik CEO, Mia Brunell Livfors, said. It has valued the company at 3.9 billion euro in its quarterly numbers, while it was only 2.8 billion euro one year ago.

 

Alongside Zalando, Kinnevik holding also has a stake in Tele2, Metro and RocketInternet among others.

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