The Rise of Otto Group: A $15 Billion Giant in European E-commerce
Otto Group Founded in 1949 by Werner Otto, the Otto Group has grown into one of Europe’s leading e-commerce conglomerates, valued at approximately $15 billion. Initially, the company commenced operations as a mail-order business specializing in footwear, which provided a solid foundation for its future expansion. Over the decades, the Otto Group has diversified its…