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Article Date: August 2018
Word Count: 103

Netshoes Seeking New Investor as Losses Mount


The Brazilian digital retailer is working with Goldman Sachs to find a new investor as its cash position has dwindled from the equivalent of $107 million to just $19 million over the last year and losses have mounted, exacerbated by the Brazilian trucking strike. The company has lost 90% of its ... Log in to view full article.

 

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