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Overcoming the global slowdown with a super app strategy

Future CFO

The transportation sector was one of the worst hit by the pandemic. Present in over 500 cities across the eight Southeast Asian markets, Grab now operates more than just a transportation service. billion from $675 million a year earlier, narrowing the company's loss by 51% to $1.74 In 2022, total revenue grew 112% to $1.43

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Duncan Burgess, Global Finance Director

CFO News Room

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 “You have to enable your function to work alongside the business to be successful.” .

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US Airlines: 2020 Losses May Land Above $35 Billion

PYMNTS

Citing industry analysts, CNBC reported that Southwest, Delta and Alaska are likely to return to profitability during the course of 2021. Looming over any plan for airlines to return to profitability is the question of whether business travelers will return to the air. According to the recent post, U.S.

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Employee Benefits to Offer as a Small Nonprofit

The Charity CFO

However, small nonprofits may not have access to the same resources as for-profit businesses or large nonprofits. For many employees, a good health plan is almost as important as financial compensation. Group health insurance plans are one of the most common ways to provide insurance for employees.

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How Do I Forecast with Tax Code 280E?

CFO Share

Your strategic business forecasting must include proper considerations for section 280E – this is essential to planning cash flow and avoiding catastrophic tax bills at year-end. In simple terms, that means the cannabis industry taxable income is closer to its revenue rather than profit. Transportation costs.

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Gett Shutters Juno In New York, Partners With Lyft

PYMNTS

The company had aspirations of going public by 2020, but those plans have potentially hit a roadblock. . This development reinforces Gett’s strategy to build a profitable company focused on the corporate transportation sector, a market worth $1 trillion each year,” said Gett CEO Dave Waiser.

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Gett Closes Down NY Ridesharing Brand Juno; Partners With Lyft

PYMNTS

The company had aspirations of going public by 2020, but those plans have potentially hit a roadblock. . This development reinforces Gett’s strategy to build a profitable company focused on the corporate transportation sector, a market worth $1 trillion each year,” said Gett CEO Dave Waiser.