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Tuesday, January 30, 2024
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Retrieved on:
Tuesday, January 30, 2024
Berlin, 29.01.2024 - elumeo SE (ISIN DE000A11Q059), the leading electronic retailer for gemstone jewelry in Europe, draws a first positive conclusion on the introduction of the payment function jooliPay for its AI-driven video shopping app jooli in the Indian market.
Key Points:
- Berlin, 29.01.2024 - elumeo SE (ISIN DE000A11Q059), the leading electronic retailer for gemstone jewelry in Europe, draws a first positive conclusion on the introduction of the payment function jooliPay for its AI-driven video shopping app jooli in the Indian market.
- The reasons for the trend reversal are increased customer confidence in the payment function and a growing number of second and third purchases.
- At the same time, the efficiency of the advertising campaign, which mainly relies on social media, was further increased significantly.
- The costs per acquired customer fell by more than 90% between October and December 2023 to just over INR 350.
Retrieved on:
Thursday, December 14, 2023
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Thursday, December 14, 2023
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Thursday, December 14, 2023
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Online shopping This means that elumeo grew against the market trend despite a persistently difficult market environment with high inflation and continued customer reluctance to spend.
Key Points:
- This means that elumeo grew against the market trend despite a persistently difficult market environment with high inflation and continued customer reluctance to spend.
- According to the German E-Commerce and Mail Order Association (bevh), online sales of goods fell by 14% in the same period.
- On the earnings side, elumeo was able to confirm its return to profitability in Q2/2023.
- However, thanks to its increased market share, elumeo is now ideally positioned to return to a clear growth path as soon as customer demand recovers."
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Online shopping Berlin, 11.08.2023 – elumeo SE (ISIN DE000A11Q059), the leading electronic retailer of gemstone jewellery in Europe, has successfully closed the second quarter of 2023 despite a difficult market environment.
Key Points:
- Berlin, 11.08.2023 – elumeo SE (ISIN DE000A11Q059), the leading electronic retailer of gemstone jewellery in Europe, has successfully closed the second quarter of 2023 despite a difficult market environment.
- All in all, elumeo returned to profitability after a weaker start to 2023 (adjusted EBITDA Q1/2023: EUR -185 K) and eleven positive quarters in a row.
- In Q2/2023, the company generated positive adjusted earnings before interest, taxes, depreciation and amortization (adjusted EBITDA) of EUR 266 K (Q1/2022: EUR 0.4 million).
- In light of the rapid technological development and the positive experiences with the moving image app jooli, elumeo has launched the "#juwelo100" program.
Berlin, 22.06.2023 – elumeo SE (ISIN DE000A11Q059), the leading electronic retailer of gemstone jewellery in Europe, has successfully implemented a program to increase its operating performance.
Key Points:
- Berlin, 22.06.2023 – elumeo SE (ISIN DE000A11Q059), the leading electronic retailer of gemstone jewellery in Europe, has successfully implemented a program to increase its operating performance.
- In the meantime, the first positive effects have been seen.
- As part of the cost-saving measures taken within the performance program, the company's Board of Directors will be reduced from six to four members.
- Florian Spatz, Chief Executive Officer of the elumeo Group: "We are very pleased with the effectiveness of our performance programme.
