Zalando market cap development 2014-2023
The market capitalization of fashion e-tailer Zalando peaked in 2020 at 28.38 billion U.S. dollars. This came after a period of significant year-on-year growth in 2019 and 2020, at the height of the COVID-19 pandemic. High street store closures and mobility restrictions implemented due to the pandemic in many regions around the world resulted in huge growth throughout the e-commerce market, which may explain the German e-retailer's success in this period. Since 2020, the company's market capitalization has fallen in consecutive years, reaching 6.22 billion U.S. dollars as of December 2023.