Ranked among the top three e-commerce software firms in Europe, German-based Intershop Communications announced a 98 percent sales growth in Q1 1999, in comparison with the same period last year. The company also predicted that it will see rising profit for the remainder of the year. While U.S. market leadership has, thus far, eluded Intershop, the company has made significant inroads with large U.S. ISPs and Web hosting services like MindSpring , Concentric and PSINet.
News Roundup: Intershop Sees 1999 Profits, Heads to New York
Posted by: James Hollander April 30, 1999 12:00 AMRanked among the top three e-commerce software firms in Europe, German-based Intershop Communications announced a 98 percent sales growth in Q1 1999, in comparison with the same period last year. The company also predicted that it will see rising profit for the remainder of the year. While U.S. market leadership has, thus far, eluded Intershop, the company has made significant inroads with large U.S. ISPs and Web hosting services like MindSpring , Concentric and PSINet.