Kinnevik AB: Upgrading from Buy to Add in Light of Diverse Global Investments
ByAinvest
Tuesday, Jul 23, 2024 2:20 am ET1min read
Kinnevik AB, a Swedish investment company specializing in digital consumer businesses, has updated its investment strategy. Previously classified as a 'Buy' opportunity, it has been reclassified to 'Add.' The company is divided into four segments: E-commerce and Marketplaces, Communication, Entertainment, and Financial Services. It operates across 80+ countries with notable investments in Zalando, Tele2, and Bayport, among others.
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