US EditionGerman Ecommerce Continues to Rise
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German ecommerce continues to rise
“The upswing is here”, writes bevh above a report on online retail spending in Germany. According to the industry association, consumers spent 39.84 billion euros on products online in the first half of this year. This marks a 3.5 percent increase compared to the same period last year. The growth was even stronger in the second quarter.
German startups are experiencing a remarkable upswing: In the second quarter, local growth companies raised €2.4 billion in fresh venture capital. This represents a 45 percent increase over the previous quarter, according to new figures from the KfW development bank. Investments thus totaled €4 billion in the first half of the year, rising for the third consecutive half year. KfW Chief Economist Dirk Schumacher said the increase is particularly …
German start-ups collect 2.4 billion euros in the second quarter - number of "einhorns" with a valuation of more than 1 billion US dollars rises to 32 - a record - Further study by KfW Research: Foreign investors very interested in German start-ups - Between 2020 and 2024 investors from abroad invested 37 billion euros in local start-ups After a quiet first quarter, the German venture capital market (venturation)
KfW [Newsroom]Frankfurt am Main (ots) - - German start-ups collect 2.4 billion euros in the second quarter - Number of "single horns" with an evaluation of over 1 billion US dollars rises to 32 - a record - Further study by KfW Research: Foreign ... Continue reading here...Original content of: KfW, news transmitted by currently
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