{
 "as_of": "2026-11-06",
 "cmr": "de-cm-kg/XETRA/ZAL",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# ZALANDO SE (Xetra: ZAL) — research page\n\nAs of 2026-11-06 · de-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is ZALANDO SE, listed on Xetra under ticker ZAL, ISIN DE000ZAL1111, LEI 529900YRFFGH5AXU4S86. Its security type is Corporate and its segment is DAX. Sector is not on the record, as the Xetra instruments file carries index membership, not a sector classification. Jurisdiction is Germany (Handelsregister HRB). Status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 24 filings in the twelve months to 2026-11-06, across 16 filing days. The median gap between filing days is 8 days. The latest filing is dated 2026-11-03, is of type corporate_news, and falls 3 days before the record date. Filing counts by type are corporate news 12, directors' dealings 4, exchange bulletin 1, major holder 2, newswire release 4, and results 1. For Xetra, across 419 issuers, the median filings count is 6, the median cadence gap is 22.8 days, and the median latency is 5.5 days. Sector peer figures are not on the record for market DE.\n\n## Auditor\n\nThe auditor of record is not on the record. The record carries the annual report link only, as a source link and not a read. Auditor location is not on the record. Auditor changes are not on the record, as this register has no lifecycle type map yet.\n\n## Events and halts\n\nListing, delisting, name change, domicile change and segment move are not on the record, as this register has no lifecycle type map yet. The halt flag shows listed, not halted.\n\n## Orderability\n\nThe outcome is determinable for all three client categories the market's chapter names. Professionelle Kunden, Privatkunden and Geeignete Gegenparteien each carry signal ACM-200. The rule version is acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nThe issuer's own investor-relations page names 24 research houses: AlphaValue, Arete Research, Bankhaus Metzler, Barclays, Berenberg, Bernstein, Caixa Bank, Citi, CrispIdea, Deutsche Bank, DZ BANK Research, Exane BNP Paribas, Goldman Sachs, J.P. Morgan Cazenove, Jefferies, Kepler Cheuvreux, Morgan Stanley, mwb Research, Oddo BHF, Quirin Bank, RBC Capital Markets, Santander, Stifel and UBS.\n\n## Open research\n\nNo openly published research notes were found on the record.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed. No issuer years are sealed, the market's earliest sealed date is not on the record, and the live record began date is not on the record.\n\n## Sources\n\n8 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (identity.exchange)\n- https://api.gleif.org/api/v1/lei-records/529900YRFFGH5AXU4S86 (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.de-cm-kg.ai/events/XETRA/ZAL (the disclosure lines)\n- https://www.cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/current-regulatory-topics/mifid-ii-releases/4086638!suspension-list (the halt flag)\n- https://mcp.de-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://corporate.zalando.com/en/investor-relations/analysts (coverage)\n- https://mcp.de-cm-kg.ai/record/XETRA/ZAL (the record)\n",
 "market": "DE",
 "node": "de-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [],
   "live_record_began": null,
   "node_history_from": null,
   "node_years_sealed": [],
   "note": "the DE vintage is not sealed; the record is the live record as of 2026-11-06",
   "record_version": 1,
   "sealed": false
  },
  "auditor": {
   "auditor": {
    "market": "DE",
    "reason": "Width 0 records the annual report link only (ORDER-015: source link, not a read)",
    "state": "not_on_record"
   },
   "auditor_firm_id": {
    "market": "DE",
    "state": "not_on_record"
   },
   "auditor_location": {
    "market": "DE",
    "state": "not_on_record"
   },
   "changes": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "cmr": "de-cm-kg/XETRA/ZAL",
  "coverage": {
   "count": 24,
   "houses": [
    {
     "analyst": "Jie Zhang",
     "house": "AlphaValue",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://corporate.zalando.com/en/investor-relations/analysts",
     "state": "sourced"
    },
    {
     "analyst": "Rocco Strauss",
     "house": "Arete Research",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://corporate.zalando.com/en/investor-relations/analysts",
     "state": "sourced"
    },
    {
     "analyst": "Felix Jonathan Dennl",
     "house": "Bankhaus Metzler",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://corporate.zalando.com/en/investor-relations/analysts",
     "state": "sourced"
    },
    {
     "analyst": "Andrew Ross",
     "house": "Barclays",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://corporate.zalando.com/en/investor-relations/analysts",
     "state": "sourced"
    },
    {
     "analyst": "Anne Critchlow",
     "house": "Berenberg",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://corporate.zalando.com/en/investor-relations/analysts",
     "state": "sourced"
    },
    {
     "analyst": "William Woods",
     "house": "Bernstein",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://corporate.zalando.com/en/investor-relations/analysts",
     "state": "sourced"
    },
    {
     "analyst": "Bruno Silva",
     "house": "Caixa Bank",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://corporate.zalando.com/en/investor-relations/analysts",
     "state": "sourced"
    },
    {
     "analyst": "Monique Pollard",
     "house": "Citi",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://corporate.zalando.com/en/investor-relations/analysts",
     "state": "sourced"
    },
    {
     "analyst": "Aishwarya Dinesh",
     "house": "CrispIdea",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://corporate.zalando.com/en/investor-relations/analysts",
     "state": "sourced"
    },
    {
     "analyst": "Adam Cochrane",
     "house": "Deutsche Bank",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://corporate.zalando.com/en/investor-relations/analysts",
     "state": "sourced"
    },
    {
     "analyst": "Thomas Maul",
     "house": "DZ BANK Research",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://corporate.zalando.com/en/investor-relations/analysts",
     "state": "sourced"
    },
    {
     "analyst": "Nick Barker",
     "house": "Exane BNP Paribas",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://corporate.zalando.com/en/investor-relations/analysts",
     "state": "sourced"
    },
    {
     "analyst": "Richard Edwards",
     "house": "Goldman Sachs",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://corporate.zalando.com/en/investor-relations/analysts",
     "state": "sourced"
    },
    {
     "analyst": "Georgina Johanan",
     "house": "J.P. Morgan Cazenove",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://corporate.zalando.com/en/investor-relations/analysts",
     "state": "sourced"
    },
    {
     "analyst": "Frederick Wild",
     "house": "Jefferies",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://corporate.zalando.com/en/investor-relations/analysts",
     "state": "sourced"
    },
    {
     "analyst": "Jürgen Kolb",
     "house": "Kepler Cheuvreux",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://corporate.zalando.com/en/investor-relations/analysts",
     "state": "sourced"
    },
    {
     "analyst": "David Nolan",
     "house": "Morgan Stanley",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://corporate.zalando.com/en/investor-relations/analysts",
     "state": "sourced"
    },
    {
     "analyst": "Alexander Zienkowicz",
     "house": "mwb Research",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://corporate.zalando.com/en/investor-relations/analysts",
     "state": "sourced"
    },
    {
     "analyst": "Andreas Riemann",
     "house": "Oddo BHF",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://corporate.zalando.com/en/investor-relations/analysts",
     "state": "sourced"
    },
    {
     "analyst": "Ralf Marinoni",
     "house": "Quirin Bank",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://corporate.zalando.com/en/investor-relations/analysts",
     "state": "sourced"
    },
    {
     "analyst": "Richard Chamberlain",
     "house": "RBC Capital Markets",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://corporate.zalando.com/en/investor-relations/analysts",
     "state": "sourced"
    },
    {
     "analyst": "Alejandro Conde",
     "house": "Santander",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://corporate.zalando.com/en/investor-relations/analysts",
     "state": "sourced"
    },
    {
     "analyst": "Clement Genelot",
     "house": "Stifel",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://corporate.zalando.com/en/investor-relations/analysts",
     "state": "sourced"
    },
    {
     "analyst": "Yashraj Rajani",
     "house": "UBS",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-12",
     "source": "https://corporate.zalando.com/en/investor-relations/analysts",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://corporate.zalando.com/en/investor-relations/analysts",
     "result": "read: 24 of 52 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-12",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 419,
     "median_cadence_gap_days": 22.8,
     "median_filings": 6,
     "median_latency_days": 5.5,
     "name": "Xetra"
    },
    "sector": {
     "market": "DE",
     "state": "not_on_record"
    }
   },
   "by_type": {
    "corporate_news": 12,
    "directors_dealings": 4,
    "exchange_bulletin": 1,
    "major_holder": 2,
    "newswire_release": 4,
    "results": 1
   },
   "cadence_median_gap_days": 8,
   "filing_days": 16,
   "filings": 24,
   "latency_days": 3,
   "latest": [
    {
     "category": "corporate",
     "date": "2026-11-03",
     "source": "https://www.eqs-news.com/news/corporate/zalando-grows-profitably-in-q3-driven-by-very-strong-b2b-expansion-and-continues-innovating-through-ai-with-zalando-extended/66b5989e-03b3-4f7e-b4cd-868fd3c72802_en",
     "title": "Zalando grows profitably in Q3, driven by very strong B2B expansion, and continues innovating through AI with Zalando Extended | Corporate - EQS News",
     "type": "corporate_news"
    },
    {
     "category": "corporate-news",
     "date": "2026-11-03",
     "source": "https://www.eqs-news.com/news/corporate-news/zalando-waechst-im-dritten-quartal-profitabel-getragen-von-einer-sehr-starken-expansion-im-b2b-geschaeft-und-treibt-mit-zalando-extended-ki-innovationen-weiter-voran/66b5989e-03b3-4f7e-b4cd-868fd3c72802_de",
     "title": "Zalando wächst im dritten Quartal profitabel, getragen von einer sehr starken Expansion im B2B-Geschäft, und treibt mit Zalando Extended KI-Innovationen weiter voran | Corporate - EQS News",
     "type": "corporate_news"
    },
    {
     "category": "corporate",
     "date": "2026-11-03",
     "source": "https://www.eqs-news.com/de/news/corporate/zalando-waechst-im-dritten-quartal-profitabel-getragen-von-einer-sehr-starken-expansion-im-b2b-geschaeft-und-treibt-mit-zalando-extended-ki-innovationen-weiter-voran/66b5989e-03b3-4f7e-b4cd-868fd3c72802_de",
     "title": "Zalando wächst im dritten Quartal profitabel, getragen von einer sehr starken Expansion im B2B-Geschäft, und treibt mit Zalando Extended KI-Innovationen weiter voran | Corporate - EQS News",
     "type": "corporate_news"
    },
    {
     "category": "vorabbekanntmachung-finanzberichte",
     "date": "2026-10-27",
     "source": "https://www.eqs-news.com/news/vorabbekanntmachung-finanzberichte/zalando-se-vorabbekanntmachung-ueber-die-veroeffentlichung-von-quartalsberichten-und-quartals-zwischenmitteilungen/e14d394e-3ae6-47bb-8d18-dc96c0a71870_de",
     "title": "Zalando SE: Vorabbekanntmachung über die ...",
     "type": "corporate_news"
    },
    {
     "category": "vorab-finanzberichte",
     "date": "2026-10-27",
     "source": "https://www.eqs-news.com/news/vorab-finanzberichte/zalando-se-vorabbekanntmachung-ueber-die-veroeffentlichung-von-quartalsberichten-und-quartals-zwischenmitteilungen/e14d394e-3ae6-47bb-8d18-dc96c0a71870_de",
     "title": "Zalando SE: Vorabbekanntmachung über die Veröffentlichung von Quartalsberichten und Quartals-/Zwischenmitteilungen | Vorabbekanntmachung Finanzberichte - EQS News",
     "type": "results"
    }
   ],
   "latest_filing_date": "2026-11-03",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.de-cm-kg.ai/events/XETRA/ZAL",
   "window": {
    "from": "2025-11-06",
    "to": "2026-11-06"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "Xetra"
   },
   "isin": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "confirmed",
    "value": "DE000ZAL1111"
   },
   "jurisdiction": {
    "read_by": "GLEIF LEI record (LEI per the LEI column) (registeredAs)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://api.gleif.org/api/v1/lei-records/529900YRFFGH5AXU4S86",
    "state": "sourced",
    "value": "Germany (Handelsregister HRB)"
   },
   "lei": {
    "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN",
    "read_date": "2026-11-09",
    "read_date_basis": "the field",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN DE000ZAL1111)",
    "state": "sourced",
    "value": "529900YRFFGH5AXU4S86"
   },
   "name": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "ZALANDO SE"
   },
   "sector": {
    "market": "DE",
    "reason": "the Xetra instruments file carries index membership, not a sector classification",
    "state": "not_on_record"
   },
   "security_type": {
    "read_by": "Xetra all-tradable-instruments file (exchange list, daily) (Date Last Update:;11.09.2026)",
    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
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    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "DAX"
   },
   "ticker": {
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    "read_date": "2026-11-06",
    "read_date_basis": "the record version as_of",
    "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares (file allTradableInstruments.csv)",
    "state": "sourced",
    "value": "ZAL"
   },
   "website": {
    "market": "DE",
    "state": "not_on_record"
   }
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    "source"
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   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
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    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "domicile_change": {
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    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
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   "name_change": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   },
   "segment_move": {
    "market": "DE",
    "reason": "no lifecycle type map for this register yet (SHELF-01: us and ca first)",
    "state": "not_on_record"
   }
  },
  "market": "DE",
  "node": "de-cm-kg",
  "numbers_hash": "sha256:b3b8b02d10f0baf69e9b2378091a649290c08ec382d529b308120c01cb6e8316",
  "open_research": {
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   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [
    "Professionelle Kunden",
    "Privatkunden",
    "Geeignete Gegenparteien"
   ],
   "outcomes": {
    "Geeignete Gegenparteien": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "Privatkunden": {
     "determinable": true,
     "signal": "ACM-200"
    },
    "Professionelle Kunden": {
     "determinable": true,
     "signal": "ACM-200"
    }
   },
   "read": {
    "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group",
    "chapter": "https://mcp.de-cm-kg.ai/book/aio.json",
    "door": "https://mcp.de-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "rule_version": "acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1",
   "section": "de.aio.v13"
  },
  "record": {
   "as_of": "2026-11-06",
   "url": "https://mcp.de-cm-kg.ai/record/XETRA/ZAL",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-09",
   "source": "https://www.cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/current-regulatory-topics/mifid-ii-releases/4086638!suspension-list",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:b3b8b02d10f0baf69e9b2378091a649290c08ec382d529b308120c01cb6e8316",
 "path": "/de/XETRA/ZAL",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is ZALANDO SE, listed on Xetra under ticker ZAL, ISIN DE000ZAL1111, LEI 529900YRFFGH5AXU4S86. Its security type is Corporate and its segment is DAX. Sector is not on the record, as the Xetra instruments file carries index membership, not a sector classification. Jurisdiction is Germany (Handelsregister HRB). Status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 24 filings in the twelve months to 2026-11-06, across 16 filing days. The median gap between filing days is 8 days. The latest filing is dated 2026-11-03, is of type corporate_news, and falls 3 days before the record date. Filing counts by type are corporate news 12, directors' dealings 4, exchange bulletin 1, major holder 2, newswire release 4, and results 1. For Xetra, across 419 issuers, the median filings count is 6, the median cadence gap is 22.8 days, and the median latency is 5.5 days. Sector peer figures are not on the record for market DE.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is not on the record. The record carries the annual report link only, as a source link and not a read. Auditor location is not on the record. Auditor changes are not on the record, as this register has no lifecycle type map yet.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "Listing, delisting, name change, domicile change and segment move are not on the record, as this register has no lifecycle type map yet. The halt flag shows listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is determinable for all three client categories the market's chapter names. Professionelle Kunden, Privatkunden and Geeignete Gegenparteien each carry signal ACM-200. The rule version is acm-68000/de/mifid-ii-product-governance-produkt-berwachung/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's own investor-relations page names 24 research houses: AlphaValue, Arete Research, Bankhaus Metzler, Barclays, Berenberg, Bernstein, Caixa Bank, Citi, CrispIdea, Deutsche Bank, DZ BANK Research, Exane BNP Paribas, Goldman Sachs, J.P. Morgan Cazenove, Jefferies, Kepler Cheuvreux, Morgan Stanley, mwb Research, Oddo BHF, Quirin Bank, RBC Capital Markets, Santander, Stifel and UBS.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found on the record.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The market's vintage is not sealed. No issuer years are sealed, the market's earliest sealed date is not on the record, and the live record began date is not on the record.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "8 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.xetra.com/xetra-en/instruments/shares/list-of-tradable-shares"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://api.gleif.org/api/v1/lei-records/529900YRFFGH5AXU4S86"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.de-cm-kg.ai/events/XETRA/ZAL"
  },
  {
   "for": "the halt flag",
   "source": "https://www.cashmarket.deutsche-boerse.com/cash-en/Stay-Informed/current-regulatory-topics/mifid-ii-releases/4086638!suspension-list"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.de-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://corporate.zalando.com/en/investor-relations/analysts"
  },
  {
   "for": "the record",
   "source": "https://mcp.de-cm-kg.ai/record/XETRA/ZAL"
  }
 ],
 "title": "ZALANDO SE (ZAL) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}