PYMNTS

OCTOBER 21, 2020

Swedish peer-to-peer (P2P) lending startup Lendify has secured $115 million in funding from Insight Investment, according to a Bloomberg report on Wednesday (Oct. Last year Insight Investment supported the digital lender with a 1.5 In the past, the startup was supported by P2P lending and institutional capital.

Startups 103

Startups Profit and Loss Investments Banking 103

PYMNTS

DECEMBER 18, 2020

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. The Silicon Valley startup posted a net loss of $14.5 million last year.

Profit and Loss 82

Profit and Loss Startups eCommerce Economics 82

PYMNTS

NOVEMBER 5, 2018

Ant Financial , the Chinese FinTech giant and an affiliate of Alibaba Group , posted an earnings pre-tax loss of 2.4 The Wall Street Journal ( WSJ ), citing Ant, reported that the company had a pre-tax profit of 5.3 Alibaba blamed the loss on increased investments to capture growth. It posted 9.18 It posted 9.18

Profit and Loss 53

Profit and Loss Startups eCommerce Investments 53

PYMNTS

SEPTEMBER 13, 2020

Shareholders, including Japan-based SoftBank , which first invested in Grab six years ago and in several later funding rounds, have urged the startups to return to the table, FT reported. But Gojek has proved a resilient rival. As a result, sources told FT Son is now among the biggest champions of a merger.

Profit and Loss 111

Profit and Loss Management Consulting Startups Investments 111

Fpanda Club

JULY 24, 2022

oracle Aesop formulated his investment insight "a bird in the hand is worth two in the bush" and since that time the model for calculating the value of an asset as the present value of the cash generated by this asset throughout its life has remained unchanged. In about 600 B.C. and help identify most probable outcomes.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Profit and Loss Benchmarking Valuation 130

PYMNTS

NOVEMBER 25, 2019

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.

Profit and Loss 56

Profit and Loss Valuation Auditing Startups 56

PYMNTS

MAY 18, 2020

It’s not often that a CEO publicly admits they made a blunder, but that’s just what SoftBank Founder and CEO Masayoshi Son did Monday (May 18) regarding the firm’s WeWork investment, which went south, Business Insider reported. “It Vox reported last fall that SoftBank had invested $18.5 billion at the end of March, down from $7.3

Investments 59

Investments Profit and Loss Startups Technology 59

PYMNTS

FEBRUARY 18, 2019

However, Uber’s revenue increased only 2 percent between Q3 and Q4, reaching $3 billion, a 24 percent increase over the previous year — leading some investors to question the ridesharing firm’s future prospects for profitability. Losses came in at $1.8 billion in losses reported at the same time in 2017.

Profit and Loss 73

Profit and Loss Transportation Advertising Accounting 73

PYMNTS

JANUARY 5, 2020

Indian unicorn startup InMobi reported a net loss of ?54 Earlier, InMobi reported a 2017 net profit of ?11.87 and China where it operates — but it didn’t show any profit after that initial maiden profit. InMobi is a unicorn company, meaning it is a privately held startup company valued at over $1 billion.

Profit and Loss 52

Profit and Loss Advertising B2C Startups 52

PYMNTS

MARCH 27, 2019

On-demand workspace startup WeWork has secured significant funding from investors and has aggressive plans for global expansion, but the company’s losses are ballooning, according to reports in The New York Times this week. According to the company’s latest financial disclosure, the firm’s losses have hit $1.9

Profit and Loss 43

Profit and Loss Startups Valuation Securities 43

PYMNTS

AUGUST 8, 2019

Big tech, big bets and big profits. Individual gains and losses are hard to ascertain, and commentary mentions certain holdings as contributing to overall unrealized results. That 408 billion yen, net, comes in contrast to SoftBank’s filing that unrealized losses from companies such as Uber totaled 195.3 billion yen ($3.9

Profit and Loss 51

Profit and Loss Valuation Transportation Investments 51

PYMNTS

JULY 27, 2020

Online health startup Ro is valued at $1.5 The company, which began in 2017 as a way to sell hair loss supplements, has branched into a number of health apps that work to generate around $250 million per year, not counting the insurance, according to CNBC.

Startups 60

Startups Valuation Profit and Loss Healthcare 60

PYMNTS

MARCH 8, 2020

In the past 18 months, both startups were vying for new customers, especially in Indonesia, the world’s fourth-most populous country and the most profitable market for the two firms. Part of the tension is due to SoftBank’s pressure to justify tech startups after the WeWork debacle last year. .

Profit and Loss 75

Profit and Loss Valuation Startups Investments 75

PYMNTS

APRIL 26, 2019

Uber , the ride-hailing startup gearing up to go public via an initial public offering (IPO), is reportedly seeking a valuation of between $80 billion and $90 billion and is getting a $500 million investment from PayPal. Investor concerns about Lyft’s ability to turn a profit have led to the sell-off in shares.

Valuation 56

Valuation Investments Profit and Loss Startups 56

PYMNTS

AUGUST 26, 2016

According to the report, Gupta informed investors that Uber ‘s losses are increasing in the second quarter, even in the U.S., where the company reported a profit during its first quarter. All told, Uber’s losses amount to $1.27 All told, Uber’s losses amount to $1.27

Profit and Loss 41

Profit and Loss Startups Finance Investments 41

PYMNTS

NOVEMBER 8, 2019

Following WeWork ’s IPO debacle, investors want tech startups to prove profitability before seeking funds and going public, CNBC reported on Friday (Nov. Potential investors wanted to know how those companies plan to turn a profit. WeWork abandoned its IPO plans after massive losses turned off investors. billion yen ($6.5

Startups 40

Startups Profit and Loss Valuation Investments 40

PYMNTS

DECEMBER 1, 2020

Bloomberg News reported that Ritesh Agarwal , Oyo’s founder and CEO, recently told employees that the Indian startup has about $1 billion in cash, is recovering from the effects of the pandemic and is still looking toward an initial public offering (IPO). During the summer , SoftBank sent officials to help OYO get back on its feet.

Startups 56

Startups Profit and Loss Marketing Investments 56

PYMNTS

JUNE 25, 2018

The world’s startups are having a good year. The 2018 Q1 saw a combined valuation of VC investments nearing $50 billion — the fourth quarter in a row where VC funding has surpassed $45 million, KPMG noted. Though a startup could secure millions in venture capital funding, it could still take years to turn a profit.

Startups 52

Startups Banking Profit and Loss Healthcare 52

PYMNTS

NOVEMBER 6, 2019

billion loss on Wednesday (Nov. The $10-plus billion WeWork bailout — an investment chief executive officer (CEO) Masayoshi Son called an error in judgment — triggered a loss of ¥970 billion ($8.9 For the July-September quarter overall, SoftBank recorded a net loss of ¥704.4 Japan’s SoftBank reported a $6.5

Profit and Loss 40

Profit and Loss Valuation Startups Forecasting 40

PYMNTS

JUNE 12, 2018

There is a sudden surge in construction technology startups, and investors have perked up. Analysts forecasted a 40 percent increase in venture capitalist (VC) funding for construction startups between 2014 and 2017, with investments totaling $375 million last year. Yet, the market continues to struggle in many ways.

Construction 52

Construction Profit and Loss Compliance Startups 52

PYMNTS

JUNE 2, 2016

Venture capital investment is the lifeblood of startups, but reports by The New York Times released on Wednesday (June 1) put a spotlight on a different breed of entrepreneurs that shy away from taking investor funds. According to the publication, some startups are beginning to see the value in not accepting venture capital.

Startups 43

Startups Profit and Loss Finance Investments 43

PYMNTS

DECEMBER 3, 2019

The We Company , the parent of WeWork , uses a cash-flow metric called the “contribution margin,” which showed that its core services were profitable, Bloomberg Tax reported on Tuesday (Dec. The contribution margin — also used by Lyft and Peloton — ignores fixed and startup costs, and highlights core service revenue.

Benchmarking 54

Benchmarking Profit and Loss GAAP Accounting Principles 54

PYMNTS

NOVEMBER 20, 2019

As the year winds down – and holiday shopping picks up – clarity is emerging about which retail investments might pay off in the new decade, and which merchants might be in trouble. Even so, some of the most recent earnings from the retail sector indicate that some investments in emerging areas of commerce are paying off.

Retail 54

Retail Investments Profit and Loss eCommerce 54

Global Finance

OCTOBER 11, 2024

JPMorgan Chase takes the top honor as Global Finance ’s World’s Best Bank for 2024, as well as the World’s Best Investment Bank and World’s Best Private Bank. This time, the failures disproportionally affected the venture capital-backed tech startup sector that these banks catered to. All are being announced here for the first time.

Banking 111

Banking Foreign Exchange Profit and Loss Finance 111

PYMNTS

JULY 10, 2020

In a filing with the Securities and Exchange Commission (SEC), the startup reported it plans to raise as much as $253.5 Our solution streamlines employee, client and third-party interactions and drives increased profitability, efficiency, transparency and regulatory compliance across a financial institution.”. million by offering 7.6

Profit and Loss 79

Profit and Loss Compliance Startups Sales 79

PYMNTS

MARCH 12, 2020

to work on issues that align with its portfolio investments, Bloomberg reported on Thursday (March 12). . SoftBank now has 13 people on its government affairs team who advocate for SoftBank itself as well as for the numerous startups it backs, including autonomous vehicle and commercial spacecraft firms. .

Profit and Loss 60

Profit and Loss Startups Budgeting Communication 60

PYMNTS

MARCH 26, 2019

In 2015, news outlets ran articles about the “ gold mine ” of venture capital investments in the alternative finance sector. But there is evidence that investors’ appetite for alternative lending startups is on the wane, even as overall FinTech funding continues to climb — and as the success of the alternative lending market grows, too.

Profit and Loss 76

Profit and Loss Finance Investments Securities 76

PYMNTS

MAY 7, 2019

Gett, an Israel-based ride-hailing startup that focuses on high-end B2B clients, has raised $200 million, which places its value at $1.5 Waiser also said he expects Gett to be operationally profitable by the end of 2019. A year ago, profitability was not a very popular topic,” he said. “In Russia and New York.

Startups 43

Startups Profit and Loss Auditing B2B 43

Centage

SEPTEMBER 13, 2022

It shows what your business owes and owns, along with how much shareholders have invested. Profit and loss statement: Also known as an income statement, a profit and loss statement summarizes your company’s costs, expenses, and revenues incurred in a certain period, such as throughout the fiscal year or during a specific quarter.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Planning Forecasting Profit and Loss 98

CFO Share

OCTOBER 13, 2023

In the dynamic realm of startups and SMBs, understanding the pillars of financial health is paramount. For SMBs and startups, liquidity ensures operations run seamlessly, avoiding disruptions caused by short-term cash constraints. For SMBs and startups, managing long-term liabilities effectively and building assets is vital.

Cash Flow Forecasting 52

Cash Flow Forecasting Profit and Loss Forecasting Startups 52

PYMNTS

AUGUST 29, 2016

Blowing around last week was the revelation that Uber is good at lots of things, but as of yet, turning a profit isn’t quite one of them. Uber: Lots Of Patrons, Still Looking For A Profit. Gupta has reportedly told investors that second quarter losses are up, even in the U.S., where the firm reported a Q1 profit.

Profit and Loss 40

Profit and Loss Advertising Accounting Securities 40

PYMNTS

FEBRUARY 7, 2020

According to a survey, 45 percent of property technology investors said they would make new investments in the field this year, which was down from 64 percent last year. WeWork intended to launch an initial public offering (IPO) last year, but that ended up failing, and the company was bailed out by SoftBank.

Profit and Loss 60

Profit and Loss Startups Technology Investments 60

PYMNTS

FEBRUARY 4, 2020

investments. He was instrumental in the fund’s investments in Getaround, GM Cruise and Nuro. . Fisher was on the WeWork board when Son signed off on SoftBank’s $10 billion investment in WeWork. Regardless, SoftBank backed the fund with roughly $5 billion so it could begin making investments, said a knowledgeable source. .

Profit and Loss 52

Profit and Loss Investments Startups eCommerce 52

PYMNTS

OCTOBER 12, 2016

According to Business Insider , Caviar does not make a profit, and the extent of the losses are not shown in the company’s financials. Food delivery startups have not done well. Uber is investing globally in UberEATS, and GrubHub’s stock price has increased by almost 65 percent so far in 2016.

Profit and Loss 51

Profit and Loss Valuation Startups Finance 51

PYMNTS

JANUARY 19, 2018

billion investment in Uber. He also advised that Uber would have a clearer and faster path to becoming profitable if it returned to a focus on its core markets in the U.S., Misra is joining Uber’s board as part of the investment deal. With SoftBank’s investment, governance changes at the scandal-prone company are likely.

Profit and Loss 43

Profit and Loss Startups Investments Marketing 43

CFO Share

AUGUST 16, 2023

Here’s how they can be correlated in different scenarios: Mature Firm – Profitable P&L and positive cash flow The most sustainable situation and generally a favorable one as the company is generating profits on the income statement and generating positive cash flow from its operations.

Profit and Loss 52

Profit and Loss CFO Finance Accounting 52

PYMNTS

JUNE 16, 2020

Grab , the $14 billion Southeast Asian ride-hailing startup, announced hundreds of job losses on Tuesday (June 16) as the impact of COVID-19 continues to take its toll. The layoffs are the latest restructuring at a SoftBank investment. Reuters reported the company will lay off more than 300 employees.

Profit and Loss 56

Profit and Loss Restructuring Startups Investments 56