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Why Sweden's iZettle sold to PayPal for $2.2 billion rather than IPO

9 days ago   |   By Venture Beat

The announcement just 10 days ago that Sweden's iZettle was planning to go public provoked cheers among European tech boosters, but that excitement proved to be short-lived. Instead of watching the rise of an independent tech company, we're seeing yet another local startup gobbled up by a U.S. tech giant. In this case, the deep pockets...
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