Australian buy-now-pay-later (BNPL) firm Zip Co Ltd posted a wider annual loss on Thursday, signalling lacklustre outlook for fintech firms in the wake of soaring inflation. BNPL operators, particularly, have seen their valuations collapse in recent times as reduced customer spending and rising interest rates have squeezed their margins and pushed the firms’ funding costs higher. Shares… Continue reading Australian BNPL firm Zip’s annual loss widens as inflation chokes
Category: News Type
Thai lender SCB terminates $500m investment in crypto exchange Bitkub
SCB X, the holding company of Thailand’s oldest lender, Siam Commercial Bank, announced that it has terminated an investment transaction worth about $500 million with local crypto asset company Bitkub Online. SCB X would have acquired 51% of Bitkub’s shares at a price of 17.8 billion baht ($537 million at the time of the announcement… Continue reading Thai lender SCB terminates $500m investment in crypto exchange Bitkub
Mitsubishi’s SE Asia-focused PE firm AIGF closes $126m second fund
ASEAN-focused private equity (PE) firm AIGF Advisors Pte Ltd has closed its second fund, AIGF II LP, at 17.3 billion yen ($126 million), according to an announcement. The commitments were made by institutional investors in Japan and the ASEAN region, AIGF said. A PE fund sponsored by Japanese conglomerate Mitsubishi Corporation, AIGF is focused on… Continue reading Mitsubishi’s SE Asia-focused PE firm AIGF closes $126m second fund
German Manager Magazine: Testing the BMW i4 eDrive 40: For the joy of saving001986
Restore iTunes subscription manager+ is processed via your iTunes account and paid for with confirmation of purchase. 24 hours before expiry, the subscription is automatically extended by one month at the current price of €24.99. You can cancel your subscription at any time in your iTunes account settings. To use manager+ outside of this app,… Continue reading German Manager Magazine: Testing the BMW i4 eDrive 40: For the joy of saving001986
German Manager Magazin: Nvidia, Infineon: Nvidia misses sales forecast. Was that it with the semiconductor boom?001985
Two weeks ago, the US chip manufacturer Nvidia issued a sales warning for the second quarter. The poor forecast has come true, as the company announced on Wednesday evening in Santa Clara, California: Nvidia missed sales expectations for the past quarter by $1.4 billion and only converted $6.7 billion. For the current quarter, Nvidia CEO… Continue reading German Manager Magazin: Nvidia, Infineon: Nvidia misses sales forecast. Was that it with the semiconductor boom?001985
German Manager Magazin: Oliver Blume from Porsche: “I don’t manage according to theories, but from experience”001985
The knowledge of the best – on the important questions about leadership, strategy and management. We provide you with know-how from the most renowned universities in the world, clearly and implementable for your everyday life as a manager. Your advantages with Harvard Business manager The Harvard Business Manager Knowledge, tools and ideas for sustainable success… Continue reading German Manager Magazin: Oliver Blume from Porsche: “I don’t manage according to theories, but from experience”001985
German Manager Magazine: Volkswagen, Lufthansa, Porsche, ZF, Tier, Flixtrain: The new newsletter manage:mobility001985
Dear reader, it is not only a summer of high temperatures, but also of hot chairs. Within a very short time, RTL, Fresenius, Adidas and Müller have recently announced a change of boss. At the end of July, however, Volkswagen caused the first major personnel stir of the summer by throwing Herbert Diess out. Last… Continue reading German Manager Magazine: Volkswagen, Lufthansa, Porsche, ZF, Tier, Flixtrain: The new newsletter manage:mobility001985
German Manager Magazin: Amazon: Jeff Bezos is quietly forming the tech giant into a car power001987
Restore iTunes subscription manager+ is processed via your iTunes account and paid for with confirmation of purchase. 24 hours before expiry, the subscription is automatically extended by one month at the current price of €24.99. You can cancel your subscription at any time in your iTunes account settings. To use manager+ outside of this app,… Continue reading German Manager Magazin: Amazon: Jeff Bezos is quietly forming the tech giant into a car power001987
German Manager Magazin: Jürgen Stackmann: What the former Seat boss is doing today after 30 years in the auto industry001986
Restore iTunes subscription manager+ is processed via your iTunes account and paid for with confirmation of purchase. 24 hours before expiry, the subscription is automatically extended by one month at the current price of €24.99. You can cancel your subscription at any time in your iTunes account settings. To use manager+ outside of this app,… Continue reading German Manager Magazin: Jürgen Stackmann: What the former Seat boss is doing today after 30 years in the auto industry001986
German Manager Magazine: Volkswagen AG: How Oliver Blume wants to prevent the decline of the car company001985
Restore iTunes subscription manager+ is processed via your iTunes account and paid for with confirmation of purchase. 24 hours before expiry, the subscription is automatically extended by one month at the current price of €24.99. You can cancel your subscription at any time in your iTunes account settings. To use manager+ outside of this app,… Continue reading German Manager Magazine: Volkswagen AG: How Oliver Blume wants to prevent the decline of the car company001985