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Lime CFO On Riding Toward A Profitable Future

PYMNTS

Lime wants to be the first micro-mobility company to be profitable for the full year as of 2021. Ellis said COVID-19 has “fundamentally changed the profitability model of our business.”. Ellis said everything is on the table because it’s all relevant to Lime’s future profitability picture and ultimate corporate destination.

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Identifying and Overcoming Ethical Dilemmas in Business 

CFO Talks

Identifying and Overcoming Ethical Dilemmas in Business In the corporate world, numbers might drive decisions, but values define leadership. It’s when you’re forced to weigh conflicting priorities—profit versus integrity, loyalty versus legality, or personal values versus organisational goals. What is an Ethical Dilemma?

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Uber Shares Sink 7.6 Pct. To Record Low

PYMNTS

Uber shares have hit their lowest level ever following devastating Q2 losses of $5.2 The company blamed the Q2 results on stock-based compensation costs, and the company said it had a per share loss of $4.72 Both those numbers were below estimates. CEO Dara Khosrowshahi said that the losses were “once-in-a-lifetime.”

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Uber’s IPO: Pricey And Dicey Or Poised For Liftoff?

PYMNTS

Now, that number is closer to $82 billion. Lyft, of course, is making its bed with transportation, for good or for ill, and Uber has been branching out in an effort to find ancillary revenue streams, such as with food delivery. Losses, though, are losses across that model, evidenced by the latest showings for Lyft, which logged $1.1

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China’s Meal Delivery Service Meituan Now Valued At $100B

PYMNTS

Shares rose to $138 Hong Kong dollars ($17.80) following a decrease in the first quarter that wasn’t as sharp as the company predicted, and a net loss of 1.58 million yuan ($221,000) after three profitable quarters in a row. The number of transactions have fallen 18.2 percent on average.

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No Lift For Lyft Following Q1 Earnings Report

PYMNTS

But Lyft’s numbers also showed that revenue and growth have been borne atop a sea of red ink. million in the first quarter or year ago, and losses were $1.1 Adjusted results (backing out stock compensation, for example) still showed losses to the tune of $211 million, which translated to a bit more than $9 a share.

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BLS Report Shows Static Retail Jobs Picture

PYMNTS

Manufacturing, mining, wholesale and retail trade, and transportation and warehousing saw little change in employment for the month, the BLS said. From December to January, retail trade noted a loss of 8,300 jobs — a month after the December holiday hiring season. Payroll services firm ADP Inc.

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