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Back Market: French Refurbished Goods Marketplace Raises $335 Million


Back Market
French refurbished goods marketplace startup Back Market has raised $335 million.
The online marketplace operates across 13 countries, including the US, Portugal, and Japan.
The round was led by General Atlantic with participation from Generation Investment Management. 
Refurbished electronics marketplace Back Market has raised $335 million in fresh funding.
The company, founded in 2014, operates an online marketplace for refurbished electronic items across Western Europe and the US. Back Market itself estimates the market for refurbished electronics to be $80 billion annually.
The startup s latest mega round was led by General Atlantic with the support of Generation Investment Management, as well as existing investors. ....

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Were Hedge Funds Right About Alibaba Group (BABA)?


Were Hedge Funds Right About Alibaba Group (BABA)?
The financial regulations require hedge funds and wealthy investors that exceeded the $100 million holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn’t the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F filings disclosed the funds’ positions on December 31st. We at Insider Monkey have made an extensive database of more than 887 of those established hedge funds and famous value investors’ filings. In this article, we analyze how these elite funds and prominent investors traded Alibaba Group Holding Limited (NYSE:BABA) based on those filings. ....

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