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...But Thomas Monteiro, an analyst at Investing.com, said Uber was “too dependent on user growth” that was naturally limited, and that he would be watching for how the company planned to innovate for efficiency...
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...However, it is not a lucrative market for foreign banks, which face low fees, limited brand recognition and fierce competition with local rivals....
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...Were the deal to prove undoable, it would be yet another hit in a rough year for merger arbs, whilst cancelling a massive private equity exit at a time when limited partners have grown frustrated with the...
...It is perceived as a hassle to switch, and the pricing is competitive, and there is tremendous brand loyalty. The business is so profitable that it can invest in staying ahead....
...The company had previously said it had limited further investment in Russia after sanctions were imposed last March, and that royalty payments from its Russian operations had been suspended....
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...In this case, that company was called Fesuge Limited, and the company behind that was Xela Holdings....
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