ABOUT YOU GmbH & Co KG Asset Profile

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Year established

2014

Location

Hamburg Germany

Primary Industry

Internet

About

Founded in 2014 and based in Hamburg, Germany, ABOUT YOU GmbH & Co KG operates an eCommerce platform. The company was founded by Sebastian Betz and Tarek Muller as a subsidiary of Otto Group. In June 2021, ABOUT YOU GmbH & Co KG raised EUR 842 million in an initial public offering, selling 36.6 million shares at EUR 23 per share on the Frankfurt Stock Exchange. The initial public offering valued the company at EUR 3.92 billion. ABOUT YOU GmbH & Co KG sells more than 350,000 fashion products such as clothing, shoes, and accessories from over 2000 brands through its online platform and mobile applications. The company also designs, manufactures, and sells fashion products through its in-house brand labels: ABOUT YOU and EDITED which operate in its eCommerce site and have separate physical stores retailing their products. ABOUT YOU also offers an application programming interface solution called ABOUT YOU CLOUD for online retailers to sell their products on its platform and a suite of advertising tools called ABOUT YOU MarketingSolutions for sellers looking to simplify marketing and advertising their products in its platform. ABOUT YOU’s revenue grew upto 57% in the corona pandemic with generating around EUR 1.17 billion as of 2021 February.

Current Investors

SevenVentures, German Media Pool

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Primary Industry

Internet

Sub Industries

Clothing, Footwear, Clothing Stores, Search Engines, Web Applications

Website

www.corporate.aboutyou.de

Verticals

E-commerce, Mobile Apps

Company Stage

Mature

Total Amount Raised

Subscriber access only

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