Cash flow is king, when Kinnevik values Quikr

26 Oct 2017

Kinnevik presented its 9-month financial report today, and it contained no big news as far as its investments in classifieds are concerned. In the first nine months of FY2017, the investment company saw healthy growth at its main holdings  – Tele2, and Millicom – and at Zalando. In Q3, Kinnevik invested big in the financial robot Betterment, increasing its ownership to 16 percent with an investment of $65 million U.S..

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Lars Herlin

Lars Herlin is an AIM Group senior analyst for Europe, and our expert on Schibsted. He had a long career in journalism at Expressen, Svenska Dagbladet and VeckansAffärer, and served as managing editor and later managing director of Gotlands Allehanda.