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...Wellhub’s most recent funding round last year raised $85mn from investors led by EQT Growth, an arm of the European private equity giant, giving it a valuation of $2.4bn....
...But co-founder and chief executive Daniel Schreiber told the Financial Times that the results, which included a small increase in its cash and investments, from $942mn at the end of the first half to $945mn...
...But still, 1.2 TRILLION DOLLARS!...
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...After funding ByteDance’s seed round, Yass’s group put in “hundreds of millions” more in subsequent funding rounds, according to court records in the US....
...Stripe co-founder John Collison told the Financial Times this week that he was “not in a rush” for an IPO of the $65bn payments group....
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...For 2,000 years the island was inhabited by Vikings, Norsemen and early Christians in turn, who fished the rich waters for white fish, herring and lobster....
...During the first quarter, Wells paid a rate of 2.34 per cent on its interest-bearing deposits, nearly twice what it paid a year ago....
...Paul Hastings has hired Alexander Temel as global co-chair of the firm’s private equity practice. He previously worked for Sidley Austin....
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...The UK’s Government Art Collection (GAC) has committed to buy work on display at this year’s fourth edition of London Gallery Weekend (May 31-June 2)....
...Figure AI said on Thursday it had raised $675mn from some of the world’s leading AI companies in a new funding round that valued the company at $2.6bn....
...Uniqlo accused Shein of copying a Round Mini Shoulder bag last month, heralding a new phase in the battle against Chinese counterfeits....
...While 18- to 24-year-olds make up more than half of all content creators on TikTok, only 2 per cent of the same demographic in England identify as members of the national Church....
...West Texas Intermediate, the US marker, rose 2.6 per cent....
...The Swiss dermatology giant raised SFr2bn ($2.2bn) in the biggest European float since Porsche’s debut two years ago....
...EQT-backed dermatology company Galderma also announced its intention to raise $2.3bn in an IPO on the Swiss stock exchange, at a valuation of about $20bn....
...Tesla’s sales drops came after it cut prices on existing models: its planned “Model 2” lower-priced EV is not due to go on sale until 2026, and may be in doubt....
...By 2030 Leqembi and donanemab are expected to generate $2.2bn and $5.5bn a year respectively, according to Bloomberg data....
...Its CVR stake, worth about $2.3bn at the time, represented about a quarter of the conglomerate’s overall value....
...Niel also owns about 2.5 per cent of parent Vodafone Group....
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