October 23, 2016 9:23 AM ET

Internet and Direct Marketing Retail

Company Overview of Otto (GmbH & Co KG)

Company Overview

Otto (GmbH & Co KG), together with its subsidiaries, operates as a retailing and services company primarily in the European Union, North America, and Asia. It operates through Multichannel Retail, Financial Services, and Services segments. The Multichannel Retail segment offers fashion, shoes and lifestyle products, furniture and home accessories, and toys, as well as consumer electronics, sports, and leisure products through e-commerce, catalogues, and over-the-counter retail. The Financial Services segment provides financial services, such as receivables, information, and liquidity management, as well as payment services. The Services segment offers various services in the logistics value ...

Werner-Otto-Strasse 1-7

Hamburg,  22179


Founded in 1949

50,000 Employees


49 40 64610


49 40 64618571

Key Executives for Otto (GmbH & Co KG)

Chairman of The Executive Board and Chief Executive Officer
Age: 60
Chief Financial Officer and Member of The Executive Board
Age: 45
Chief Executive Officer of Suisses International S A
Chief Executive Officer of Otto Group Russia
Head of Mergers & Acquisitions and General Counsel
Compensation as of Fiscal Year 2016.

Otto (GmbH & Co KG) Key Developments

JD.com, Inc. and Otto Group Establish Joint Venture to Provide B2C E-Commerce Services

JD.com, Inc. and Otto Group announced the establishment of a joint venture (JV) to provide B2C ecommerce services for international brands on the JD.com platform. Based in Germany, the new JV, Zitra, will serve as an accelerator for international brands looking to expand their sales on JD.com’s e-commerce marketplace by providing services including third party operation, marketing strategies, IT system handling, logistics and post-sale services.

Otto Reportedly Seeks Partner For Yapital

Otto (GmbH & Co KG) is reportedly further looking for a partner for Yapital Financial AG. Otto is casting about for financially strong allies to help it expand Yapital.

Otto Group Reportedly Buys €650 Million German NPL pool

Otto (GmbH & Co KG) has emerged as the buyer of a non-performing loan portfolio secured by German real estate assets with a face value of €650 million, PropertyEU has learned.

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