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Last update Dec 12, 8:03 AM CET
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Zalando SE Unsponsored ADR
11.30
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Overview

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Description

Zalando SE Unsponsored ADR represents equity interests in Zalando SE, a leading European online fashion and lifestyle platform, without the involvement of the company in issuing these receipts. Serving as an American Depositary Receipt, this financial instrument allows U.S. investors to gain exposure to Zalando SE's shares, which are originally listed on a foreign exchange, with transactions occurring in the US market. Zalando SE is renowned for its extensive array of clothing, footwear, accessories, and beauty products, sourced from over 4,500 global brands, catering to millions of customers across Europe. The company leverages a strong digital presence to provide personalized shopping experiences and innovative services like virtual fitting solutions and efficient logistics networks. In the financial markets, the unsponsored ADR enables enhanced liquidity and facilitates diversification for investors seeking to invest in the European retail sector, while bypassing the complexities of direct foreign stock acquisition. This ADR represents a strategic link to European consumer markets, reflecting its significance in connecting the American investment community to European retail and e-commerce growth.

About

CEO
Mr. Robert Gentz
Employees
16117
Address
Valeska-Gert-Strasse 5
Berlin, 10243
Phone
49 30 20968 1584
Instrument type
American depositary receipt
Sector
Consumer Cyclical
Industry
Internet Retail
Country
Germany
MIC code
XFRA
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