Southeast Asian super app Grab Holdings Ltd, on Thursday, reported that its group adjusted EBITDA turned positive for the first time, at $29 million, in the third quarter of 2023 (Q3 2023), a notable improvement from negative $161 million in the same period last year. The positive adjusted EBITDA was due to the Nasdaq-listed company’s growing… Continue reading Grab’s group adjusted EBITDA turns positive for the first time in Q3, losses narrow 71%
Tag: Strategy
Infosys and Better collaborate to offer Mortgage as a Service
An integrated technology & operations white-labelled AI-driven platform to help banks and credit unions provide their customers seamless digital mortgage and home equity loan experiences NEW YORK, Nov. 9, 2023 /PRNewswire/ — Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced a collaboration with Better Home & Finance… Continue reading Infosys and Better collaborate to offer Mortgage as a Service
Rob Dongoski joins Kearney’s Consumer Industries and Retail Practice to help drive agribusiness and food efforts
CHICAGO, Nov. 9, 2023 /PRNewswire/ — Global management consulting firm Kearney has announced the appointment of Rob Dongoski as a partner in its Consumer Industries and Retail Practice, where he will focus on agribusiness and food. He is well-known in the industry as a visionary for the evolution of our food system as well as… Continue reading Rob Dongoski joins Kearney’s Consumer Industries and Retail Practice to help drive agribusiness and food efforts
iCRYO Announces Impressive Franchise Growth & Strong Sales Performance Amid Several New Service Roll Outs
Leading Wellness Brand Anticipates Continued Momentum in 2024 as Demand for Preventative Health Services Rises HOUSTON, Nov. 9, 2023 /PRNewswire/ — iCRYO, the fast-growing recovery and wellness brand, recently held its second annual Elevate conference in Houston, Texas, where the franchise system gathered to reflect on a momentous 2023 while outlining 2024 growth and performance goals.… Continue reading iCRYO Announces Impressive Franchise Growth & Strong Sales Performance Amid Several New Service Roll Outs
Ashland Greene Closes on Valley Ranch Property Deal
Class A-, 267-unit property located in the Valley Ranch master plan development DALLAS, Nov. 9, 2023 /PRNewswire/ — Ashland Greene, is pleased to announce the successful closing of its latest acquisition, Devi Valley Ranch. This class A-, 267 unit, off-market property in the Dallas-Fort Worth (DFW) metroplex features 1-, 2- & 3-bedroom floor plan options, with… Continue reading Ashland Greene Closes on Valley Ranch Property Deal
Audio Interview: “A U.S. Manufacturing Supercycle Is Coming: Time to Reshore Now”
In this GlobalAutoIndustry.com Audio Interview “A U.S. Manufacturing Supercycle Is Coming: Time to Reshore Now” Ron Hesse speaks with Rosemary Coates, the Founder and Executive Director of the Reshoring Institute, a non-profit and non-partisan organization focused on expanding U.S. manufacturing. She is also the President of Blue Silk Consulting, a global supply-chain management consulting firm.… Continue reading Audio Interview: “A U.S. Manufacturing Supercycle Is Coming: Time to Reshore Now”
Continental Auto Group ends third quarter of 2023 in line with expectations
In the third quarter of 2023, Continental achieved consolidated sales of EUR 10.2 billion (Q3 2022: EUR 10.4 billion, -1.5%). New Delhi: The technology company significantly improved the operating result in its Automotive group sector compared with the first half of the year. This was thanks to price adjustments, high cost discipline and stabilized supply… Continue reading Continental Auto Group ends third quarter of 2023 in line with expectations
Western miners seek premium pricing for rare earth metals to break China grip
China controls 95% of the production and supply of rare earth metals, integral to manufacturing magnets for electric vehicles (EVs) and wind farms, and this monopoly has allowed China to dictate prices and stir turmoil among end users through export controls. A handful of Canadian, German and Australian critical mineral explorers plan to command premium… Continue reading Western miners seek premium pricing for rare earth metals to break China grip
Bastian Solutions opens first conveyor manufacturing plant in India
Bastian Solutions has announced the official opening of its conveyor manufacturing plant, signifying the next expansion of its technology portfolio in India. This achievement marks a strategic leap for the company. Hitoshi Matsuoka, President and CEO of Toyota Advanced Logistics North America, the parent company of Bastian Solutions, was in attendance at the grand opening.… Continue reading Bastian Solutions opens first conveyor manufacturing plant in India
Bastian Solutions opens first conveyor manufacturing plant in India
Bastian Solutions has announced the official opening of its conveyor manufacturing plant, signifying the next expansion of its technology portfolio in India. This achievement marks a strategic leap for the company. Hitoshi Matsuoka, President and CEO of Toyota Advanced Logistics North America, the parent company of Bastian Solutions, was in attendance at the grand opening.… Continue reading Bastian Solutions opens first conveyor manufacturing plant in India