Remove Numbers Remove Profit and Loss Remove Transportation
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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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Duncan Burgess, Global Finance Director

CFO News Room

Duncan Burgess’ “number one passion” in his role is people. After a few other job roles, he became UK finance director at taxi transport and technology company Gett in 2018. This meant everyone felt empowered to make the appropriate decisions to drive the company’s profitability”. “By Beginning his role at Gett.

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Uber Eats Adjusted Net Sales Surge 154 Pct, Freight Logs 75 Pct Gain

PYMNTS

The ride-hailing giant, extending its platform model into adjacent businesses such as freight and food delivery, is aiming to deliver a profit earlier than might have been anticipated — as in, the end of this year. billion, representing a 42 percent gain, and that number was in line with expectations. Adjusted revenues were $3.7

Sales 72
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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.