SevenVentures –media investor of TV station ProSiebenSat.1 Group– and media investor German Media Pool with its longtime partners RTL II, the Klambt media group and further German and Swiss radio- and TV stations have taken minority stakes in About You. No concrete figures have been disclosed by the fashion and technology start-up in regard to the value of the stakes. The Otto Group continues to hold a majority stake in the company through the Collins holding, though.
“The acceptance of further investors is definitely possible depending on the strategic value,” said Hannes Wiese, founder and managing director operations and finance at About You.
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