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Fashion E-Tailer About You Eyes 4B Euro Valuation in Frankfurt Listing

Fashion E-Tailer About You Eyes 4B Euro Valuation in Frankfurt Listing

Tuesday, 8 June, 2021 - 08:00
FILE: A model presents a fashion creation. REUTERS/Alessandro Garofalo

German fashion e-tailer About You set a price range of 21 to 26 euros per share on Tuesday for its stock market listing, putting a prospective valuation of around 4 billion euros ($4.9 billion) on the business.


The Hamburg startup will sell new shares worth 600 million euros via a private placement as part of the offering, according to Reuters.


It will also invest the proceeds in international expansion and in its business-to-business technology platform.


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