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20 February 2023
FLEX. Logistics
We provide logistics services to online retailers in Europe: Amazon FBA prep, processing FBA removal orders, forwarding to Fulfillment Centers - both FBA and Vendor shipments.
Here are 10 facts about Otto.de:
- Otto.de is a German e-commerce company that was founded in 1949 as a mail-order retailer.
- The company is based in Hamburg, Germany, and operates in several other countries, including France, Italy, and Russia.
- Otto.de offers a wide range of products, including fashion, electronics, home goods, and toys.
- The company has over 6 million active customers as of 2021.
- In 2020, Otto.de's revenue was €3.5 billion (approximately $4.1 billion), and its net income was €57 million (approximately $67 million).
- Otto.de is known for its focus on customer service and convenience, offering features such as same-day delivery and easy returns.
- The company operates a marketplace where third-party sellers can offer their products to customers.
- Otto.de has a strong presence in the German market and has faced criticism over issues such as its pricing and delivery times.
- In 2018, Otto.de launched its own payment method, OttoPay, which allows customers to pay for their purchases in installments.
- Despite its challenges, Otto.de continues to be a major player in the German e-commerce industry, and it has plans to expand into new markets and categories in the coming years.