What the FluxWhat the Flux

Cocobella snapped up for $2 billion | Reddit monetises your opinions | WiseTech probe rocks the company

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The Aussie company behind Cocobella and Rokeby protein shakes has been acquired by Danone for nearly $2 billion.

Reddit is turning human opinions into a $625 million ad business…and is introducing new products to capitalise on its community.

WiseTech, ASX-listed logistics software, just lost $2 billion from its market value because of a very serious investigation into its founder.

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The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.

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Important Information: This material has been created with the co-operation of BlackRock Investment Management (Australia) Limited (BIMAL) ABN 13 006 165 975, AFSL 230 523 on 19 May. Comments made by BIMAL employees here represent BIMAL’s views only.

This material provides general advice only and does not take into account your individual objectives, financial situation, needs or circumstances. Before making any investment decision, you should obtain financial advice tailored to you having regard to your individual objectives, financial situation, needs and circumstances.

Refer to BIMAL’s Financial Services Guide on its website for more information. This material is not a financial product recommendation or an offer or solicitation with respect to the purchase or sale of any financial product in any jurisdiction.

 
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