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BuzzFeed UK Sees Profits Quadruple

Last year, BuzzFeed UK’s profits quadrupled to nearly $687,000, Business Insider reports. “The company's assets, including cash in the bank, were ($9.8 million) last year -- more than four times higher than in 2014,” BI notes. Meanwhile, “The amount of money it owes others, known as creditors, has grown 466% to ($12.3 million) year-on-year.”

Read the whole story at Business Insider »

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