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Poshmark Files For IPO After Posting Record Profits

PYMNTS

Secondhand eCommerce platform Poshmark filed for an initial public offering (IPO) after posting more than $30 million in profit across two consecutive quarters. “We We only recently became profitable and have experienced net losses. Security and Exchange Commission (SEC). . million in 2018 and a net loss of 48.7

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Alibaba eCommerce Rival Pinduoduo Secures $1B In Funding

PYMNTS

The company isn’t profitable yet, and probably won’t be for a while. Since PDD went public, it has been hit with net losses of $981.4 Q4 revenue jumped 697 percent year-on-year to $491 million, although the operating losses increased as well. The social component is especially popular with women. million in Q2 and $159.9

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Five Focal Points for Future-Ready CFOs

CFO Leadership

The convergence relates to the fact that CFO priorities increasingly mirror the organization’s strategic priorities: Rapidly elevate the quality and reliability of ESG reporting, blunt the bruising impacts of inflation, fortify data security and privacy capabilities, and get new GenAI solutions in place. Inflation Reduction Act.

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Five Focal Points for Future-Ready CFOs

CFO Leadership

The convergence relates to the fact that CFO priorities increasingly mirror the organization’s strategic priorities: Rapidly elevate the quality and reliability of ESG reporting, blunt the bruising impacts of inflation, fortify data security and privacy capabilities, and get new GenAI solutions in place. Inflation Reduction Act.

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A Guide To PPP Round 2 Calculations For Your Business

CSC Advisors

You are not alone if it took you months to secure money from PPP round one, and now some are eligible for drawing from round two. Every potential borrower must calculate revenue reduction and prove the 25% loss via gross receipts. If the number is above $100k, reduce it to exactly $100. Multiply the number by 2.5

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Breach of Trust: Decoding the Banking Crisis

Musings on Markets

After every banking crisis, new rules are put into place to reduce or minimize these risks to the economic system, but in spite of these rules or sometimes because of them, there are new crisis. The phrase "too big to fail" has been over used, but it was the rationale behind TARP and is perhaps at the heart of today's banking crisis.

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Highest Paid CFOs in the World in 2024

The Finance Weekly

She led Oracle's transition to cloud computing which skyrocketed the company's industry status and has successfully guided Oracle through challenging economic periods. He held the position of Chief Financial Officer (CFO) at CBS Corporation, a major media player, for a good number of years. Ianniello Joseph R.

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