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...The company has previously received financing from Spotify co-founder Daniel Ek’s investment company, Prima Materia, which backed Helsing in 2021 with €100mn at a valuation of just over €400mnHelsing’s 220...
...Then, Spotify revolutionised music. Now, the fintech co-founded by chief executive Sebastian Siemiatkowski is championing Nordic iconoclasm again....
...Founded by two former Tesla managers, Northvolt has the support of some of Sweden’s biggest business players including Spotify chief executive Daniel Ek and start-up backer Cristina Stenbeck as well as the...
...Klarna is now valued just higher than Spotify, the music streaming service founded in Stockholm, and within spitting distance of Nordea, the largest bank in the Nordics....
...Siemiatkowski said that Klarna was planning to list publicly in the next “one or two years”, and increasingly saw the attraction of a direct listing as fellow Swedish tech company Spotify used....
...Klarna is the latest in a series of Swedish tech success stories that include the music streaming company Spotify to gaming groups King and Mojang....
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...And Klarna will follow Skype and Spotify to become the next Swedish sensation to make it big....
...The 38-year-old said Klarna was looking to emulate Spotify, the Swedish music streaming service that listed in the US in 2018, and hold an IPO “at a time when you have proven your success but at the same...
...AB Foods added: “Notwithstanding the currently announced periods of restriction, we continue to expect Primark sales and profit to be higher this financial year compared to last.”...
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...Flat-pack furniture, Spotify music streaming, grisly crime novels . . . Next up from canny Swedish marketeers is wholesome private equity....
...Spotify, Mojang, King, iZettle — all are examples of billion-dollar companies born in Sweden that have made Stockholm the world’s biggest unicorn factory per capita behind Silicon Valley....
...Subscription rental services will be competing with monthly bills from Netflix, Spotify, Peloton and others....
...This has already disrupted the once-comfortable worlds of music and entertainment with the coming of streaming services Spotify and Netflix....
...It added Slack to its marketplace this year after Spotify went public on the exchange in the same fashion last year....
...But so far the two largest examples, Slack and Spotify, are trading below the prices of their first day as a public listed company, giving fuel to critics of the IPO alternative....
...(FT) AB InBev revives Asia IPO Anheuser-Busch InBev priced the revived IPO of its Asia-Pacific business at the lower end of its range, raising about $5bn from the share sales, about half the amount the...
...Spotify itself seems increasingly run out of New York rather than Stockholm while many of the biggest names in the local scene — Skype, Mojang, iZettle — have sold out to US groups....
...Revolut asked on billboards across the London Underground, in a campaign reminiscent of Spotify and Netflix's controversial use of customer data to create witty ads a few years back....
...Irn-Bru maker AG Barr was rated “underweight” while AB InBev, Britvic, Campari and Rémy Cointreau were all given “equal weight” recommendations....
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