Hello! Here’s what happened today in European Tech. Deals – Israeli ad-tech company Tremor has filed for an IPO on Nasdaq, after its share price has risen by almost 500% on the London Stock Exchange over the past year to a market cap of about £1.1 billion. – Planet, a Galway-based fintech company, has secured investment from Advent International, a private equity firm. Existing shareholder Eurazeo has sold a portion of its stake to Advent. The deal, according to Eurazeo,
Read More »Yandex to acquire online clothing store KupiVIP – Business & Economy
MOSCOW, May 31. /TASS/. Yandex will buy and then integrate online clothing store KupiVIP into Yandex.Market, the company said in a statement. According to the statement, the deal will allow Yandex.Market to accelerate its entry into the clothing, footwear, and accessories market thanks to its well-established infrastructure, supplier base and long-term experience of the KupiVIP team. It was noted that at first Market and KupiVIP will work and develop in parallel, but gradually the services… Source link
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