Zalando SE (ZAL)

Zalando, founded in 2008, is Europe’s biggest pure-play online fashion platform. Zalando is present in 23 European countries, and its major market is the DACH region, comprising Germany, Austria, and Switzerland, which accounts for slightly less than half of revenue. The company commands 4% of European apparel sales and 13.6% market share in European online apparel sales. It has 12 fulfilment centers and presents over 5,800 brands on its platform. In 2021, Zalando had 48 million active users (10% of the population in countries where the firm has a presence) and over 7 billion site visits.