Cocobella snapped up for $2 billion | Reddit monetises your opinions | WiseTech probe rocks the company

Cocobella snapped up for $2 billion | Reddit monetises your opinions | WiseTech probe rocks the company

June 23, 2026 · 7 min

About this episode

This episode discusses the acquisition of Cocobella by Danone, Reddit's new advertising strategy, and WiseTech's market troubles due to an investigation.

The Aussie company behind Cocobella and Rokeby protein shakes has been acquired by Danone for nearly $2 billion. Reddit is turning human opinions into a $625 million ad business…and is introducing new products to capitalise on its community. WiseTech, ASX-listed logistics software, just lost $2 billion from its market value because of a very serious investigation into its founder. _ Want to lean how to go from a Saver to Investor in just 7 days - watch our new series here Complete the Budget survey for your chance to win 3 x $100 gift cards - takes only 2 mins 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. ____ Important Information: This…

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Host: Flux

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Organizations: Cocobella, Danone, Reddit, WiseTech, BlackRock Investment Management (Australia) Limited

Places: Australia, ASX

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