
Startup Too Good To Go Weighs €300 Million Funding Round
The Copenhagen-based company is working with advisers on the potential fundraising and has reached out to prospective investors, said the people, who asked not to be identified as the information is private. The new round could propel Too Good To Go's valuation to more than $1 billion, making the startup a so-called unicorn, the people said.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
16 minutes ago
- Yahoo
Fintech Klarna's second-quarter revenue up 20% year-on-year
OSLO (Reuters) -Swedish fintech Klarna, which in April paused plans for an initial public offering in the United States, said on Thursday its second-quarter revenue grew 20% from a year ago on a like-for-like basis while adjusted profits increased slightly. Klarna's April-June revenue grew to $823 million in the quarter, while its adjusted operating profit stood at $29 million, an increase of $1 million from the same quarter of last year, its earnings report showed. The number of active Klarna customers rose to 111 million in the quarter, an increase of 31% year-on-year, the company said. Klarna, which helped reshape online shopping with its short-term financing model, in April halted its plans for a U.S. stock market listing amid recession fears and uncertainty over tariffs, sources familiar with the situation said at the time. The company had made its paperwork public in March for a long-awaited stock market debut, after it started the process of going public for a second time in three years in November 2024. Klarna did not say when it might resume an initial public offering. Bloomberg, citing unnamed sources, last month reported that the company's IPO could take place as soon as September. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16 minutes ago
- Yahoo
Ukraine's trade deficit widens to $18.5 billion in Jan-June, statistics show
KYIV (Reuters) -Ukraine's trade deficit widened to $18.5 billion in the first six months of the year, compared with a deficit of $12.4 billion in the same period of 2024, the state statistics service said on Thursday. Sign in to access your portfolio
Yahoo
16 minutes ago
- Yahoo
Migrants attempting to enter UK in refrigerated trailers are ‘constant threat'
Migrants trying to enter the UK by hiding in refrigerated trailers present a 'constant threat' to food safety, according to a report. The study, published by logistics company Oakland International, stated that 4,415 instances of a truck or van being found with stowaways seeking to reach the UK were recorded between 2016 and 2023. An average of nearly 100 people per month were detected infiltrating trucks entering the UK between January and September last year. People hiding in trailers cause delays, increased costs, potential damage to goods and disposal of produce, researchers found. Companies transporting food, household goods and healthcare items dispose of an average of 56% of stock on an infiltrated lorry. The value of lost stock can be up to tens of thousands of pounds, research found. This can result in revenue loss several times higher. The report, produced with research company Analytiqa, stated: 'The use of refrigerated trailers to gain illegal access for stowaways remains a constant threat to food safety and contributes to considerable unnecessary waste and risk within the food supply chain.' Oakland International co-founder Dean Attwell said: 'The rise in clandestine infiltration is not just a statistic, it's a ticking time bomb for food safety, driver security and public health. 'Every compromised load puts the public at risk and costs the industry millions per year. 'We need urgent, co-ordinated action across the supply chain to implement robust security protocols, improve traceability and ensure accountability at every stage.' In cases where a vehicle is found carrying a hidden entrant, the Government can issue the transport company with fines of up to £10,000 per stowaway. Road Haulage Association senior public affairs lead Ashton Cull said failings within Border Force and the Clandestine Entrant Civil Penalty Scheme mean 'all the responsibility and liability is being unfairly shifted onto drivers and businesses who have taken all possible steps to secure their vehicles'. He added: 'We repeat our call for further and urgent investment in training and technology at our borders to help keep loads secure. 'We want to see a fair system in place that protects drivers, goods and businesses as well as our borders. 'We look forward to seeing greater urgency on this issue.' The Home Office was approached for a comment.