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Auto1 gains two major investors

Auto1, a German used-car marketplace, has secured investments from two major U.S. companies. Sequoia Capital and Lone Pine Capital have reached a preliminary deal to buy shares from existing investor DN Capital, one of Auto1's early backers, and a London-based venture...

TX Markets consolidates activities

Zurich-based TX Group has established TX Markets AG as a separate wing focused on marketplaces. The group rebranded as a decentralized organization with four independent companies last year. This content is part of our business intelligence service. Please click the...