profitability

Having quit food-delivery, Uber is likely to turn all its might against Ola

Having quit food-delivery, Uber is likely to turn all its might against Ola

The bullet Ola dodged in food-delivery could be coming at it in ride-hailing.
Where do scooters go for the winter?

Where do scooters go for the winter?

European firms are mostly determined to operate through the colder months, while some of their California-based rivals hibernate until spring.
Must Read: The End of Gendered Media, Black Friday Isn't as Popular as It Once Was

Must Read: The End of Gendered Media, Black Friday Isn't as Popular as It Once Was

These are the stories making headlines in fashion on Friday. The end of gendered mediaFewer men are turning to men's magazines for guidance as their roles in the workplace and their families begin to
Charted: IPOs in India are becoming fewer, smaller, and less lucrative

Charted: IPOs in India are becoming fewer, smaller, and less lucrative

Market regulator's easier norms haven't helped.

Goldman Sachs Lost Millions on WeWork and Uber. Now, the CEO Is Talking Up the ‘Path to Profitability’

The bank took a $267 million hit on public equity investments such as Uber, Avantor and Tradeweb Markets. Its stake in WeWork declined by $80 million after plans for an IPO collapsed.
Acquiring Tiffany would make LVMH the unrivaled superpower of luxury

Acquiring Tiffany would make LVMH the unrivaled superpower of luxury

Right now, jewelry and watches are the smallest piece of LVMH's business. That would change immediately if it bought Tiffany.
What it Really Means to Be a Successful Entrepreneur

What it Really Means to Be a Successful Entrepreneur

What does it take to become a successful entrepreneur today? If you were to take advice from the “gurus” of…
Electric scooter company Bird raises $275 million, with a new focus on profitability

Electric scooter company Bird raises $275 million, with a new focus on profitability

It's a much-needed vote of confidence in Bird, which burned through $100 million in the first quarter.
Amazon Changed Its Search Algorithms to Boost Its Own Products, Despite Internal Pushback

Amazon Changed Its Search Algorithms to Boost Its Own Products, Despite Internal Pushback

Amazon has reportedly been adjusting its own recommendation algorithms to prioritize products that earn it the most profit. The company denies making changes, but multiple employees say otherwise.

Amazon’s In-House Products Go Far Beyond AmazonBasics

Need clothes, prescription medicine, or a snack? Amazon has a private brand for just about everything.

Amazon’s In-House Products Go Far Beyond AmazonBasics

Need clothes, prescription medicine, or a snack? Amazon has a private brand for just about everything.
Softbank, WeWork’s biggest investor, has lost its appetite for a WeWork IPO

Softbank, WeWork’s biggest investor, has lost its appetite for a WeWork IPO

Softbank, also a big investor in Uber, is having a tough year.
InMobi’s newly-created lockscreen technology business just raised $45 million

InMobi’s newly-created lockscreen technology business just raised $45 million

Glance has raised funds from Ayan Royan and Peter Thiel's Mithril Capital.
Analysts expect Uber Eats to lose money on every order for at least the next five years

Analysts expect Uber Eats to lose money on every order for at least the next five years

Investment firm Cowen thinks Uber is currently losing $3.36 on every Eats order.