[Intersog Partner News] Windeln.de To Boost Online Shopping in Germany

We're happy to congratulate our former client Windeln.de on a huge milestone achieved - 4 year-old Germany’s equivalent of diapers.com closed a €45 million ($52 million) funding round on Monday, 19 January, bringing in roughly €85 million to company's funding.  The fresh capital would be used for brand's geographical expansion and funding potential acquisitions.

“We believe that consumers will continue to move away from stationary retail to online shopping,” said Martin Hintze, managing director of corporate equity investing at Goldman Sachs.

Also, it's interesting to note that in 2013, sales at Germany’s top 100 eCommerce shops grew 7.7% to €19.6 billion, according to retail-research institute EHI.

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Please read how we helped windeln.de create their first mobile app.

Source: The Wall Street Journal