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Growth Matters: Otto Group is world's second biggest e-commerce company

With all the gloom in the global economy, I got to wondering whether there is anything else going on in the world of business. I'm looking for growth because I think that's what will ultimately bring the economy out of the doldrums. Not surprisingly, that growth is coming from technology companies. In Growth Matters, I look at consumer technology companies that point the way to growth trends -- and in the process introduce services and products you may want to explore.

I was surprised to learn that the world's second largest e-commerce company, behind Amazon (NASDAQ: AMZN), is Germany's Otto Group. I interviewed Thomas Voigt, Vice President Corporate Communications for the Otto Group, who said, "The Otto Group companies focused on multichannel sales at an early stage and added E-Commerce to their traditional mail-order operations, in order to plan for the future."

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DJIA-75.8810,375.07
NASDAQ-17.782,158.23
S&P 500-7.091,099.15

Last updated: November 24, 2009: 10:01 AM

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