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Soft power

11 May 2021 By Aimee Donnellan

That’s how much THG raised from SoftBank and others. The Japanese company also gets an option to buy 20% of the e-commerce group’s yet-to-be-created Ingenuity unit for $1.6 bln. That may never happen. But CEO Matthew Moulding has boosted the share price and raised cash for deals.

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