Google plans multimillion pound investment in e-commerce firm THG Ingenuity, Sky News reports
23/10/2025 10:19
Oct 23 (Reuters) - Alphabet's GOOGL.O Google has agreed to invest in an instrument that could convert into an equity stake in THG Ingenuity, the demerged arm of British e-commerce firm THG THG.L, at a valuation of 750 million pounds ($1.01 billion) or more, Sky News reported on Thursday citing sources. Reuters could not immediately verify the report. ($1 = 0.7451 pounds) (Reporting by Yamini Kalia in Bengaluru; Editing by Krishna Chandra Eluri) ((Yamini.Kalia@thomsonreuters.com))