Seek has written down its investment in Chinese jobs portal Zhaopin by $365 million after the company’s poor performance.
Stellantis, the owner of Jeep and Chrysler, saw its shares plummet 30% after its mega-investment in electric vehicles failed to pay off.
The private equity owners of The Man Shake are looking to offload the company after the weight loss market has been totally re-shaped by Ozempic and oc.
_
Download the free app (App Store): http://bit.ly/FluxAppStore
Download the free app (Google Play): http://bit.ly/FluxappGooglePlay
Daily newsletter: https://bit.ly/fluxnewsletter
Flux on Instagram: http://bit.ly/fluxinsta
Flux on TikTok: https://www.tiktok.com/@flux.finance
—-
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.
__

Webjet hits a new low | The Big 4 banks' double standards | Murdoch acquires Vox Media
06:56

ASX200 telco falls 63% on merger news | Birkenstock's luxury slip | Ethical Everlane joins Shein
06:56

Zip Co forced to change its name | Temple & Webster pulls back discounts | On x Zendaya
06:56