Business
ASX-listed VC Touch wrote off its $36 million Sendle investment in June, resurrected it with the merger, then zeroed it again
Touch Ventures (ASX: TVL), which invested more than $36 million into Sendle over several years, wrote down the value of its stake to nil in the weeks before the logistics startup’s abrupt closure. The downgrade, revealed publicly on Wednesday, sheds light on how one of Sendle’s major financial backers responded to worrying claims about its… Read more »
