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Klarna Valuation Surges Ahead of IPO as Market Dynamics Shift

SPACE ECONOMY

Klarna's valuation has surpassed $15 billion following its IPO pricing at $40 per share, exceeding initial expectations ahead of its trading debut. Meanwhile, Hims & Hers Health is expanding its telehealth services to address low testosterone, while Novo Nordisk announced a significant job cut of 9,000 as part of a restructuring plan.

Other notable developments include Potbelly's sale to Racetrac, Chewy's profit decline despite increased sales, and Waymo facing competition from May Mobility in Atlanta. Additionally, the European Parliament has mandated textile waste management, and Inditex's sales growth has accelerated despite competition.

Sep 17, 2025, 11:35 AM

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