R O T H O R N P A R T N E R S

E-commerce has disrupted traditional retail businesses during the last 25 years and has developed into a normal way of shopping for many consumers. Investors, who saw this trend early, were able to earn exceptional returns. Recently, however, the share prices of most e-commerce companies have fallen by 50% or more. Rothorn Partners has analysed the e-commerce segment in Europe and discussing the trend and a few companies in this report.

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