Zalando Continues Growth Focused on the European Market
Zalando Continues Growth Focused on the European Market

At the beginning of 2025, Zalando changed its approach and announced that they are developing a strategy to build a leading pan-European e-commerce ecosystem for fashion and lifestyle around two growth vectors: Business-to-Consumer (B2C) and Business-to-Business (B2B).

Banking Leads European Cloud Spending Growth
Banking Leads European Cloud Spending Growth

According to the IDC report, public cloud services spending in Europe will total $221 billion in 2025 and will reach $373 billion by 2028, recording a five-year (2023-2028) compound annual growth rate (CAGR) of 20%.

# TOP NEWS
# Business news
AMD Reports Lower Revenue and Profits in 2Q23
AMD Reports Lower Revenue and Profits in 2Q23

AMD announced revenue for the second quarter of 2023 of $5.4 billion, a gross margin of 46%, an operating loss of $20 million, a net income of $27 million, and diluted earnings per share of $0.02.

# In other news