Brazilian retailer Americanas has released long-delayed financial reports, a crucial step towards debt restructuring. Meanwhile, Amazon aggregator Thrasio is preparing for bankruptcy after raising $3.4 billion in funding, falling short of an IPO. The company had previously raised $1 billion in a funding round led by private equity firm Silver Lake in 2021.
Thrasio (we sold a brand to them in 2020) is going bankrupt after raising $3.4 billion and ALMOST making it to IPO 😵 several people asked me, "will there be good opportunities to try to buy their assets?" here's why the answer is no, and 3 factors that killed their business.… https://t.co/rMRRThBSvj https://t.co/mWqrWhtS4n
Amazon Aggregator Thrasio Prepares For Bankruptcy https://t.co/UtlNEn5ZAj
.@amazon aggregator Thrasio prepares for #bankruptcy: report In 2021, Thrasio said it had raised $1 billion in a funding round led by private equity firm Silver Lake, taking its total funding to $3.4 billion. https://t.co/aLlpVJT3l9
Amazon aggregator Thrasio prepares for bankruptcy - WSJ https://t.co/AAW4rsilJM https://t.co/Nf59Nnz4Yi
Troubled Brazilian retailer Americanas releases long-delayed financial reports, a key step toward reaching a debt restructuring deal https://t.co/O93IgBmJg0
Troubled Brazilian retailer Americanas releases long-delayed financial reports, a key step toward reaching a debt restructuring deal https://t.co/581yWfg9s2