EQS-News

elumeo SE: Executive Board resolves to issue a convertible bond 2023/28 with a total volume of up to EUR 1.2 million - Seite 2

Juwelo also made progress in its operating business. Following a slight increase in revenue in the third quarter of 2023, elumeo continued on its growth path in Q4/2023. The number of active customers (at least one purchase in Q4) increased by 15% compared to Q4/2022 and reached a record level. The Internet offering once again proved to be the growth driver, with the number of new web customers in Q4/2023 increasing by over 40% compared to the same quarter of the previous year. Spatz: "Overall, we gained market share on the customer side in 2023. We are also well positioned to benefit disproportionately from sales growth as soon as consumer sentiment brightens again."

The video shopping app jooli has also confirmed its successful course in India with the introduction and expansion of the jooliPay payment function. In the months from September to November 2023, jooli was able to increase orders by an average of 171%. Spatz: "We are now pleased to have delivered more than 1,000 orders to satisfied customers who purchased via our marketplace." The app's onboarding process was also redesigned in December 2023. The optimization of the user interface (UI), the user experience (UX) and the real-time video feed immediately led to an increased daily return frequency of up to 18% at peak times and to significantly stronger customer loyalty.

 

 

About elumeo SE:

The Berlin-based elumeo Group is the leading European company in the electronic direct sales of high-quality gemstone jewelry. Through a variety of electronic sales channels (TV, Internet, Smart TV and smartphone app), the listed company offers its customers colored gemstone jewelry in particular at affordable prices. The elumeo Group operates home shopping TV channels in Germany, Austria, Switzerland and Italy as well as web stores in Germany, Austria, Switzerland, the UK, Italy, France, the Netherlands, Spain and Belgium. With its wholly owned subsidiary jooli.com GmbH, the elumeo Group operates the AI-driven video shopping app Jooli.