Zalando Q3 Revenue Rises 5.1% as B2B Revenue Jumps
Group revenue increased 5.1% to €3.17 billion and GMV rose 7.5% to €4.54 billion in the three months to September. B2B revenue jumped 27.9%. Zalando shares were up 1.9% at €27.51 in Frankfurt by 0919 GMT after falling nearly 5% earlier in the session.
The stock was up 1.9% at €27.51 in Frankfurt by 0919 GMT, having fallen nearly 5% earlier in the session.Group revenue increased 5.1% to €3.17bn in the three months to September, from €3.02bn a year earlier, while gross merchandise volume (GMV) rose 7.5% to €4.54bn.B2B revenues jumped 27.9% to €354…