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Touch Ventures Navigates $24.9M Loss with Bold New Investments and Board Shakeup
8:56am on Friday 14th of February, 2025 AEDT
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Investment
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Touch Ventures Navigates $24.9M Loss with Bold New Investments and Board Shakeup
8:56am on Friday 14th of February, 2025 AEDT
Key Points
Net loss widened to $24.9 million, up 61% from 2023
Significant impairments in Sendle and Postpay investments
Gannet Capital acquired 19.09% stake and joined the board
New investments: $4.5 million in Tixel and US$6.6 million in Reshop
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Touch Ventures (ASX:TVL)
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