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THG rebuffs bid approaches, share price dives

THG rebuffs bid approaches, share price dives Tech-to-beauty online giant THG said on Thursday that it has rebuffed recent takeover approaches as they undervalue the business. THG In a stock exchange statement, the company said: “THG has received indicative proposals…

Ebay acquires NFT marketplace KnownOrigin

Ebay acquires NFT marketplace KnownOrigin Ebay Inc. announced on Wednesday it has acquired non-fungible token (NFT) marketplace, KnownOrigin, as the U.S. e-commerce marketplace looks to strengthen its product offering for digital collectors. Founded in 2018 inManchester, UK, KnownOrigin enables artists and…