Picnic raises €355 million from historical shareholders

Featured image of the article Picnic raises €355 million from historical shareholders

An article by Sophie Baqué

Publication

11 January 2024 à 19h09

Updated on 12 January 2024 à 14h47

Reading time

2 minutes

Publication: 11 January 2024 à 19h09, Updated on 12 January 2024 à 14h47

Reading time: 2 minutes

An article by Sophie Baqué

Publication

11 January 2024 à 19h09

Updated on 12 January 2024 à 14h47

Reading time

2 minutes

Publication: 11 January 2024 à 19h09, Updated on 12 January 2024 à 14h47

Reading time: 2 minutes

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As finance opportunities in the tech sector remains under pressure, Picnic has again demonstrated solid strength to investors. On January 9, the pure-player raised €355 million, in which all the historic shareholders (Edeka, the Bill & Melinda Gates Foundation) invested. The grocery pure-player aims to concentrate the logistics network in Germany and in France.

Picnic reported total sales of €719 million in 2021 and €750 million in 2022 and closed the last fiscal year at €1.25 billion. This...

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Featured image of the article Sophie Baqué

Sophie Baqué

Featured image of the article Sophie Baqué

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