The German media company Axel Springer has made a string of investments in digital media in the U.S., from participating in a $54 million funding round in Thrillist to purchasing a majority stake in Business Insider last year. "Axel Springer Plans to Invest More in Mobile Shopping Startup Retale," at 8:00 p.m. EDT Tuesday, misstated that Axel Springer invested the full $54 million in the first paragraph.

(END) Dow Jones Newswires

April 13, 2016 13:51 ET (17:51 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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