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Home > Finance > UK's Trustpilot rejects allegations in short-seller report

UK's Trustpilot rejects allegations in short-seller report

Published by Global Banking and Finance Review

Posted on December 8, 2025

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Dec 5 (Reuters) - Global review platform Trustpilot said on Friday it rejected allegations made by short-seller Grizzly Research in a report, and that it is considering all appropriate options in response to what it called "demonstrably false" statements.

The UK-based company's shares plunged more than 30% on Thursday after Grizzly Research disclosed a short position and accused the firm of creating fake profiles that gave negative reviews, and then pressuring companies to pay for subscriptions.

Trustpilot said that it does not create unsolicited review profiles in order to sell subscriptions.

(Reporting by Unnamalai L in Bengaluru; Editing by Tasim Zahid and Alan Barona)

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Editorial & Advertiser disclosure

Home > Finance > UK's Trustpilot rejects allegations in short-seller report

Finance

UK's Trustpilot rejects allegations in short-seller report

Published by Global Banking and Finance Review

Posted on December 8, 2025

Trustpilot said that it does not create unsolicited review profiles in order to sell subscriptions.

(Reporting by Unnamalai L in Bengaluru; Editing by Tasim Zahid and Alan Barona)

Sterling steady near recent highs on dollar and euro

Greece, Israel and Cyprus to step up joint exercises in eastern Mediterranean

Novo cuts Wegovy prices in some Chinese provinces, local media reports

Kosovo's 'political earthquake' election sees Kurti resurgent

Russian billionaire Potanin acquires minority stake in cloud provider Selectel

Italy's state railway teams up with Certares fund on high-speed trains abroad

Kremlin says Ukraine should withdraw troops from Donbas, and a Putin-Trump call expected soon

Egyptian-British activist apologises for past social media posts as police launch review

Russian factory activity shrinks at fastest pace since March 2022, PMI shows

European shares flat as basic resources gains offset defence losses

China stages record drills designed to encircle Taiwan

Central bank chief urges Austria to rethink Mercosur deal opposition

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