CLOs on the Move

Otto Group

www.ottogroup.com

 
Founded in 1949 in Germany, the Otto Group is today a globally operating e-commerce and service Group with around 43,000 employees in 30 significant corporate groups, primarily present in the three economic areas of Germany, the rest of Europe, and the USA. Its business activities extend to the Platforms, Brand Concepts, Retailers, Services, and Financial Services segments. In the 2021/22 financial year (28 February), the Otto Group generated revenue of EUR 16.1 billion. With online sales of around EUR 12.1 billion, the Otto Group is among the world`s largest online retailers.
  • Number of Employees: 10K-50K
  • Annual Revenue: > $1 Billion

Executives

Name Title Contact Details

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Hepsiburada

As Hepsiburada of Turkey, we provide 50 million products in around 40 categories to our customers. We strive to meet the needs of 200+ million monthly visitors with our team connecting the Silicon Valley mindset with Grand Bazaar culture and blending data and experience. We lead the development of the online shopping industry with our marketplace model that brings together tens of thousands of SMEs, with the region`s largest Intelligent Operation Centre, and with our state-of-the-art R&D Centre where we focus on the technological innovations. We grow together with all our stakeholders through innovation and entrepreneurial spirit embedded in our DNA and spearhead the digital transformation in Turkey. We are building a giant ecosystem that benefits all our stakeholders, together with our various companies and subsidiaries such as Hepsijet, our delivery company bringing an innovative perspective to the logistics industry, Hepsipay, our digital payment services provider; Hepsiexpress offering grocery delivery directly to the customer door at their desired times; HepsiAd, our advertisement platform for brands; Hepsiglobal, providing the opportunity to become a global player through e-export and many more to our stakeholders… As a tech company, we focus on the transformative and constructive power of technology and contribute to social development, entrepreneurship, and innovation with our CSR initiatives. In this respect, through our Technology Empowerment for Women Entrepreneurs program launched in May 2017, we support women to establish and grow their businesses without charge. Founded in 1998 and operating under the Hepsiburada brand since 2001, we are proud to become the largest e-commerce platform in Turkey and the surrounding region. We continue our investments and strive to achieve our goal to become the largest tech company ecosystem across a wide range of geographic area and to serve 1 billion prospective customers.