Seek's $365 million write-down | Jeep owner cops multi-billion dollar EV hit | Ozempic upends The Man Shake

Seek has written down its investment in Chinese jobs portal Zhaopin by $365 million after the company’s poor performance. Stellantis, the owner of Jeep and Chrysler, saw its shares plummet 30% after its mega-investment in electric vehicles failed to pay off. The private equity owners of The Man Shake are looking to offload the company after the weight loss market has been totally re-shaped by Ozempic and oc. _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay   Daily newsletter: https://bit.ly/fluxnewsletter   Flux on Instagram: http://bit.ly/fluxinsta   Flux on TikTok: https://www.tiktok.com/@flux.finance   —- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.__See omnystudio.com/listener for privacy information.