BRIEF

on ABOUT YOU Holding SE (isin : DE000A3CNK42)

ABOUT YOU Outlines Strategic Vision and Growth Outlook for SCAYLE

ABOUT YOU Holding SE has revealed its strategic vision and financial projections for SCAYLE, its B2B enterprise commerce platform. At a virtual Capital Markets Event, SCAYLE was highlighted as one of the fastest-growing platforms globally. Tarek Müller, Co-Founder and Co-CEO, emphasized plans for double-digit growth in revenue and profitability, with expectations to increase revenue from EUR 47 million in FY 2023/2024 to EUR 175 million by FY 2028/2029.

SCAYLE aims to expand its reach through geographical and customer portfolio growth. With operations now extended to the United States, SCAYLE has successfully entered new markets after a positive phase in the UK. The platform boasts a 70% success rate in winning enterprise deals, partnering with brands like Manchester United and Harrods.

SCAYLE’s comprehensive platform enhances customer satisfaction, achieving a 0% failure rate in projects according to Gartner. With these robust operational strategies, SCAYLE seeks to secure its position as a leading B2B commerce provider.

R. P.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all ABOUT YOU Holding SE news