The Hut Group’s stunning IPO in numbers

On Wednesday morning, eCommerce giant The Hut Group made a spectacular debut on the London Stock Exchange.  After early trading, media headlines trumpeted that it was the biggest stock market debut since Royal Mail in 2013 and had raised £1.88 billion, valuing the Manchester firm at £5.4bn.  It was the largest ever eCommerce listing in Europe, by capital raised, ahead of AO World (£487m) and Zalando (£411m) in 2014. It … Continue reading The Hut Group’s stunning IPO in numbers