The Hut Group鈥檚 stunning IPO in numbers
On Wednesday morning,聽eCommerce giant The Hut Group made a spectacular debut on the London Stock Exchange.聽 After early trading, media headlines trumpeted that it was the聽biggest stock market debut since聽Royal Mail in聽2013聽and had raised聽拢1.88聽billion, valuing聽the Manchester firm聽at 拢5.4bn.聽 It was the聽largest聽ever聽eCommerce listing in Europe, by capital raised, ahead of AO World聽(拢487m) and Zalando聽(拢411m) in 2014.聽It … Continue reading The Hut Group鈥檚 stunning IPO in numbers
