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...