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Vape Firm That Boasted of $1 Billion in Revenue Sold for £76,500
Market Intelligence Analysis
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Why This Matters
A UK vaping company that previously claimed $1 billion in revenue has been sold for a significantly lower price of £76,500, highlighting the challenges faced by the company in securing investment and managing cash flow.
Market Impact
Market impact analysis based on bearish sentiment with 90% confidence.
Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
A UK vaping company that boasted of $1 billion in revenue two years ago has been bought out of administration for just £76,500 ($102,000) after multiple funding rounds failed to draw investment and cash ran dry.
Original article published by
Bloomberg
on January 21, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.