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OYO May Not See Profits In China, India Until 2022

PYMNTS

India-based OYO has filed a valuation report with India’s ministry of corporate affairs indicating that the company did not expect to turn a profit until 2022, Reuters reported on Monday (Nov. The losses were six times higher in 2019 through March compared to 2018, but its revenue more than quadrupled for the same time period.

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OYO Reduces Hotel Room Count, Begins Layoffs

PYMNTS

As it encounters pressure from SoftBank, its largest investor, to cut back on operating losses, budget hospitality company OYO is quickly scaling back. That funding has allowed many young companies to grow, but many times without much thought for profit per the report. The retreat of OYO has been fast and broad.

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The Sharing Economy come home: The IPO of Airbnb!

Musings on Markets

Setting the Table As with any valuation, the first step in valuing Airbnb is trying to understand its history and its business model, including how it has navigated the economic consequences of the COVID. In addition, growth in the experiences business will also push this metric upwards, since Airbnb keeps a 20% share of those revenues.

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Grubhub’s Terrible, Horrible, No Good, Very Bad Day

PYMNTS

Grubhub reported a net loss of $5.2 DoorDash raised $250 million in new funding in 2018, and quadrupled its valuation to $4 billion. The pressure to keep up is borne out by Grubhub’s marketing budget for the quarter. They see orders, but not always profitable ones, with Grubhub’s burgeoning customer list built at their expense.

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How to create & use pro forma statements

Cube Software

Pro forma income statement The income statement (also known as the profit & loss or P&L statement) mainly evaluates revenue and operating expenses, along with other metrics related to each like cost of goods sold (COGS) or net income. Other use cases include budgeting and analyzing mergers and acquisitions.

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Grubhub’s Terrible, Horrible, No Good, Very Bad Day

PYMNTS

Grubhub reported a net loss of $5.2 DoorDash raised $250 million in new funding in 2018 and quadrupled its valuation to $4 billion. The pressure to keep up is borne out by Grubhub’s marketing budget for the quarter — The company said it spent $69.9 Grubhub shares dropped 21 percent and hit a two-year low. By The Numbers.

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Weekend Reading For Financial Planners (Dec 24-25) 2022

CFO News Room

While RIA M&A activity has been red hot during the past couple of years, a survey suggests that advisors are expecting lower valuations in 2023. A review of financial planning actions, from tax-loss harvesting to charitable giving, that have a December 31 deadline. He can be reached at [email protected].