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Germany’s FlixMobility Reaches $2B Valuation With Massive Funding Round

PYMNTS

The company uses artificial intelligence (AI) and data to figure out the fastest, most economical routes. . The company is planning to next debut a carpooling service called FlixCars.mm. The company is an example of how startups are taking advantages of data, automation and AI to create new opportunities in the transportation field.

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10 Thursday AM Reads

Barry Ritholtz

My morning train WFH reads: • Gold Is No Longer a Good Hedge Against Bad Times : The precious metal has become just another cyclical asset, no longer a useful harbinger of social and economic collapse. Bloomberg ) • AI’s Winners, Losers and Wannabes : An NVIDIA Valuation, with the AI Boost! Slate ) • St.

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SCA Readiness Fizzles In Face Of September Deadline

PYMNTS

As Mastercard has found in a recent study, only 25 percent of online merchants were aware of SCA requirements, and of that tally 24 percent said they have no plans to support the requirements by the deadline. Chewy valuation: Pets are big business, with a mastiff-sized initial public offering (IPO) looming.

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Sizzle Of The Week: Lyft Jumps Into First Place In 2019 IPO Race

PYMNTS

In October Lyft ran its “ Ditch Your Car ” promotion, offering passengers transportation credits if they give up their cars for 30 days. “We We are on the brink of a massive shift in personal transportation, moving away from car ownership and into transportation as a service.

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A Return to Reality, The Start of the End or Time to Buy?

CFO News Room

I am not much of a car person and view cars primarily as a mode of transportation. Another is that when valuing companies, I am, in addition to valuing a company to see if it is fairly priced, interested into the broader insights about business and valuation that emerge from the company.

Valuation 130
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Tesla in 2023: A Return to Reality, The Start of the End or Time to Buy?

Musings on Markets

I am not much of a car person and view cars primarily as a mode of transportation. Another is that when valuing companies, I am, in addition to valuing a company to see if it is fairly priced, interested into the broader insights about business and valuation that emerge from the company.

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Good Intentions, Perverse Outcomes: The Impact of Impact Investing!

Musings on Markets

trillion cumulatively invested in the last decade: Source: BloombergNEF Almost half of this investment in alternative energy sources has been in renewable energy, with electrified transport and electrified heat accounting for a large portion of the remaining investments. in the 1998-2010 time period to 5.95 in the 2011-2023 time period.