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The “Trustpilot Mafia” – How the Extortion Model Destroys . . . Read below or open PDF version Trustpilot is a third-party review site that generates revenue by selling premium memberships to businesses Our research uncovers mafia-style extortion campaigns against non-paying businesses According to our investigation, Trustpilot creates unsolicited review profiles for all kinds of businesses with the intention to attract hyper-negative reviews and force
Trustpilot Shares Plunge Amid Short-Sellers Explosive . . . Stake in Trustpilot Group Plc, the Danish-founded online review site listed on the London Stock Exchange, fell the most in a single day in its history, at over 30% after being attacked by activist short-seller Grizzly Research with a scathing report The extortion claims of a mafia nature have caused ripples throughout the FTSE 250, destroying close to PS243 million of market value and casting
Review platform Trustpilots shares slump after Grizzly . . . Trustpilot's shares plunged more than 30% on Thursday after Grizzly Research disclosed a short position and accused the global review platform of creating fake profiles that gave negative
UPDATE: Trustpilot rejects misleading claims by short . . . (Alliance News) - Trustpilot Group PLC on Thursday afternoon rejected a report published by short seller Grizzly Research LLC Grizzly Research LLC had accused the Copenhagen-based consumer
Trustpilot shares dive after accusation of extortion by . . . Grizzly further cited a "flourishing eco system of third-party entities that sell fake reviews on Trustpilot and openly advertise the success of specific profiles All the problems are amplified by Trustpilot's currently extremely prioritized visibility on Google," which is part of Alphabet Inc
Trustpilot Plunges as Short Seller Targets Review Firm In the report released on Thursday, Grizzly contended that Trustpilot pressures businesses to pay for subscriptions to manage reputations and improve customer ratings