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Category: Company News (Page 5 of 7)

Carsome scoops US$170 million funding and becomes Burda’s second unicorn

The BPI portfolio company Carsome has positioned itself as Malaysia's largest tech unicorn BurdaPrincipal Investments (BPI), the growth capital arm of Hubert Burda Media, adds another unicorn to its investment portfolio as the Carsome Group (Carsome), Southeast Asia’s largest integrated car e-commerce platform, today announced the closure of its US$170 read more...

Vinted raises €250 million on its mission to make second-hand fashion first choice

With the current €250 million investment round, Vinted reaches a new milestone. Vinted, Europe’s largest online C2C platform dedicated to second-hand fashion and a portfolio company of Burda’s growth capital arm BurdaPrincipal investments, has raised €250 million of new investment in a Series F funding round. The investment, made at read more...

UK online marketplace “Not on the High Street” announces sale

UK online marketplace “Not on the High Street” announces sale to growth investor Great Hill Partners. The brand recently announced that their revenue rose by  50% in 2020. Not on the High Street, the UK’s best-loved curated online marketplace for unique lifestyle products and thoughtful gifts, today announces it has been read more...