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Zalando expands with an acquisition and more fulfillment

Zalando SE has big expansion plans for 2017. The Berlin-based web-only e-retailer, the second-largest e-retailer in Germany behind Otto Group, generated 3.64 billion euros ($3.86 billion) in sales last year, up 23.0% from 2.96 billion euro ($3.14 billion) in 2015. It said this week it will invest some of its profit—it had 120.5 million euro […]

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