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Migros Backs Further International Expansion of Galaxus

The Swiss online retailer Galaxus wants to expand further in Europe. The majority owner Migros has now approved the budget for this expansion over the next four years. Galaxus has big plans, especially in Germany.

Stephan Steininger09.09.2024 08:11
Florian Teuteberg, CEO Digitec Galaxus
Florian Teuteberg, CEO of Digitec Galaxus Galaxus

In Switzerland, Galaxus' market share is even higher than Amazon's. Its share is also growing in the other countries where it operates. And this is exactly how it should continue. Galaxus has now received the green light for further expansion from its main owner, the Migros Group. According to the company, Migros has approved the investment budget for the next four years.

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