Google plans multimillion pound investment in ecommerce firm THG Ingenuity: Sky News
By
Binu Mathew
Alphabet’s Google has agreed to invest in an instrument that could convert into an equity stake in THG Ingenuity, the demerged arm of British ecommerce firm THG, at a valuation of 750 million pounds ($1.01 billion) or more, Sky News reported on Thursday citing sources.
Reuters could not immediately verify the report.
