Mail order giant Otto Versand GmbH, based in Hamburg, Germany and publishing concern Axel Springer Verlag AG, plan to form a joint-venture to build a Web site directed at women, according to wire service reports. Internet shopping is growing in Europe, with online sales seen rising 98% annually within the next five years.
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Mail order giant Otto Versand GmbH, based in Hamburg, Germany and publishing concern Axel Springer Verlag AG, plan to form a joint-venture to build a Web site directed at women, according to wire service reports. Internet shopping is growing in Europe, with online sales seen rising 98% annually within the next five years.
