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...There is a “clear intention” to restart large-scale sales to Hertz in the future, but the two companies would “have to review at the time” whether sales restart in earnest in 2025, Ingenlath said....
...US financial technology start-up Plaid has hired its first chief financial officer, a milestone in its highly anticipated plans to go public following a failed sale to Visa two years ago....
...Reddit joined ride-hailing app Uber and online rental site Airbnb, which set aside allocations for eligible drivers and hosts respectively in their IPOs at the start of the decade....
...The company aims to complete a sale process within 120 days. Its European and Canadian businesses are not part of the bankruptcy filing....
...Saying goodbye to ice cream means hiving off a division that accounts for about 16 per cent of Unilever’s overall sales....
...A number of EV makers have recently scaled back expansion plans, including Ford and General Motors, while rental group Hertz is selling one-third of its electric fleet to buy more petrol vehicles....
...The Suzhou one, which partners with AliCloud and Tencent Cloud, is advertising computing clusters that include advanced Nvidia H100 chips, which the US has always banned from sale to China....
...A year later, the supply crunch meant the rental rates it could charge customers had rocketed....
...Charging hosts to promote listings would increase sales. If domestic growth does not pick up, expect ads to appear....
...But it would be odd indeed if rental inflation did not converge to current market rents eventually....
...Car sales still account for 82 per cent of Tesla revenues....
...The share of property sales in Barcelona to overseas purchasers hit a record 22 per cent of the market in the final quarter of 2022, the latest data set available, according to Barcelona City Hall....
...Rental prices for short-stay rooms were offered at a discount....
...US businesses are hiring fewer seasonal workers this holiday shopping season, as stubborn inflation dims the outlook for retail sales....
...“Before then, it was basically a digital DVD rental service.” It became clear in Hollywood boardrooms that Silicon Valley was making a play for its business....
...On the other hand, might higher mortgage rates support rental demand?...
...On Monday, Bird revealed that it had overstated its sales over the past two and a half years by an estimated $31.6mn, after discovering that scooter rides taken by customers without enough funds in their...
...Indy Pass revenue and unit sales are up 50 per cent this year, the organisation’s founder said....
...At the end of 2021 — just before the listed bicycle and component makers began to lose their buoyancy — the EU voted to allow member states to cut VAT on sales, rentals and repairs of bicycles from 15 per...
...Yes, they may make life easier for the consumer or the merchant with faster back-end processing or slicker point of sale interfaces....
...The bill for Elon Musk’s purchase of Twitter is coming due, with the billionaire facing unpalatable options on the company’s enormous debt pile, ranging from bankruptcy proceedings to another costly sale...
...A version of this article was first published by Nikkei Asia on October 12 2022. ©2022 Nikkei Inc. All rights reserved....
...Shares are down two-thirds from their peak last year and trade on an enterprise value to forward sales multiple of 3 times, half that of Airbnb. Meituan launched its own room rental platform in 2017....
...The rental company, which filed for bankruptcy during the pandemic because of a collapse in demand, has pledged to offer the largest electric rental fleet in North America, and “one of the largest in the...
...The vacation rental platform will allow staff to work from another country for 90 days at a time — or even longer in certain places, if they can secure their own work visa to do so....
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