by Rebeka Shaid | Jan 21, 2021 | Automotive, Financials / Deals
Mobility Holding, the company behind German car site MeinAuto.de, is said to be preparing for an initial public offering that could value the company at $1.3 to $1.4 billion ($1.6 to $1.7 billion U.S.), including debt, according to people close to the matter. This...
by Rebeka Shaid | Jan 19, 2021 | Automotive, Financials / Deals
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...
by Rebeka Shaid | Jan 13, 2021 | Marketplaces
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...
by Rebeka Shaid | Jan 13, 2021 | Automotive, Digital Auto Retail, Financials / Deals
After much speculation the used-car marketplace Auto1 announced Wednesday that it will go public in the first quarter of the year, planning to list on the Frankfurt stock exchange. The deal could value the Softbank-backed startup at more than €5 billion, according to...
by Rebeka Shaid | Jan 12, 2021 | Real Estate, People on the Move
Swiss real estate marketplace Newhome.ch has appointed Roman Timm as co-CEO. This content is part of our business intelligence service. Please click the button below to learn more....
