Sequoia could invest $ 7.2 billion in auto1 as IPO approaches – pymnts.com

Sequoia could invest $ 7.2 billion in auto1 as IPO approaches – pymnts.com

Share Tweet Share Share Share E-mail Sequoia Capital has agreed to invest around € 6 billion in the Auto1 group ahead of the online car trading platform’s initial public offering (IPO), Bloomberg reported on Monday (September 18th), citing anonymous sources. German company Auto1, backed by Japanese billionaire Masayoshi Son’s SoftBank, gained popularity recently, as rival […]
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