• Home
  • Tags
  • THG

THG news and archive

BusinessFeatured

The Hut Group secures investment from SoftBank subsidiary

SB Management, a subsidiary of Japanese investment giant SoftBank, has agreed to take a stake worth 2.33 billion dollars (1.6 billion pounds) in British online retailer The Hut Group (THG). The deal will see SB Management snap up a 19.9 percent stake in Ingenuity, THG’s yet-to-be-formed tech platform division. The stake values the subsidiary at...

loading...