by Sebastian | Jan 25, 2021 | News
It’s snowy in Helsinki, but that’s not stopping local food delivery company Wolt. It’s just raised $530m in a round led by ICONIQ Growth to expand its speedily-growing retail delivery service faster and further. This time last year, Wolt had 700 employees, was...
by Sebastian | Jan 25, 2021 | News
German computer equipment retailer Caseking has been put up for sale in a potential deal worth almost 1 billion euros ($1.22 billion) by its private equity owner, which is hoping to cash in on a pandemic-related jump in sales, people close to the matter said. Gilde is...
by Sebastian | Jan 25, 2021 | News
The Eurazeo group raised EUR2.8 billion from its investor partners across 2020, an increase of 18 per cent compared with 2019. Amid a volatile context caused by the Covid-19 crisis, this strong performance provides further vindication of Eurazeo’s strategy of...
by Sebastian | Jan 24, 2021 | News
Tesla sold fewer than 500,000 cars last year, by far its highest annual total on record. That accounted for less than 1% of all global automotive sales. And yet Tesla is now one of the 10 most valuable companies in the world, and its co-founder and CEO, Elon Musk, is...
by Sebastian | Jan 24, 2021 | News
The London Stock Exchange is plotting a £300m listed investment vehicle aimed at offering much-needed support to companies hit hard by the pandemic. David Schwimmer, LSE chief executive, has led talks with top City figures and Treasury figures about establishing an...
by Sebastian | Jan 24, 2021 | News
ASOS, the online fashion retailer, has emerged as the surprise frontrunner to buy TopShop from the administrators to Sir Philip Green’s former high street empire. Sky News has learnt that ASOS has moved into pole position to buy the brand for more than £250m, days...
