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Tag: cash burn

6 Metrics Data-Driven eCommerce Startups Are Prioritizing

Big data has been changing the state of business for years. More companies than ever are shifting towards digital business models. They are finding new ways to leverage data analytics and AI technology to maximize their ROI. E-commerce startups are investing most heavily in big data, which is why the e-commerce analytics market will be […]

The post 6 Metrics Data-Driven eCommerce Startups Are Prioritizing appeared first on SmartData Collective.

DraftKings Endures Spate of Price Target Cuts

After shedding more than a quarter of its value last week, DraftKings (NASDAQ:DKNG) is dealing with more bad news today. At least eight Wall Street analysts are cutting price targets on the downtrodden sports betting stock. Adding insult to injury, three of those price estimate revisions are at $19, implying only modest upside from the […]

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DraftKings Promo Spending Likely Eroded Q4 Net Revenue, Says Analyst

Online sportsbook operators are known for spending big to attract customers, and DraftKings (NASDAQ:DKNG) is no exception to that trend. But at least one analyst is concerned about the company’s promotional expenditures eating at fourth-quarter net gaming revenue (NGR). In a note to clients, Roth Capital analyst Edward Engel says that while DraftKings’ gross gaming […]

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Cathay Pacific’s 2021 Passenger Numbers Just 2% Of 2019 Numbers

Hong Kong’s Cathay Pacific is warning of capacity reductions this year after the Hong Kong Government recently further…

Acutus Medical Announces Restructuring and Preliminary, Unaudited Fourth Quarter and Full Year 2021 Revenue

Acutus Medical, Inc., an arrhythmia management company focused on improving the way cardiac arrhythmias are diagnosed and treated, announced a corporate restructuring as well as its preliminary unaudited revenue for the quarter and full year ended December 31, 2021.

DraftKings, FanDuel Miss Out on The Athletic

DraftKings (NASDAQ:DKNG) and FanDuel are two of the most obvious rivals in the daily fantasy sports (DFS) and sports wagering industries. Both are missing out on a coveted media asset. The New York Times Co. (NYSE:NYT), owner of the eponymous newspaper, is reportedly acquiring The Athletic for $550 million. The Athletic is a subscription-based sports […]

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Smith goes to Paris and finds he has to save the same airline twice

From The Globe and Mail – link to source story – Thanks to RL Eric Reguly, European bureau chief Rome | Published October...

Cathay Pacific’s traffic is still down 95.3% compared to the pre-pandemic level in August 2019

Cathay Pacific Airways made this announcement: Cathay Pacific has released its traffic figures for August 2021 that continued to reflect the airline’s substantial capacity...

Air Canada anticipating recovery in demand as travel restrictions are eased

From CP24 – link to source story The tail of an Air Canada aircraft is seen at a hangar at the Toronto...

Entrepreneurship in the Age of Pandemic

As the Coronavirus still rages on, entrepreneurs have long accepted the new reality - this virus is not only responsible for a huge...

Air Canada Reports Second Quarter 2021 Results

MONTREAL, July 23, 2021 /CNW Telbec/ – Air Canada today reported financial results for the second quarter 2021. Operating revenues of $837 million, an increase...

Air Canada reports an operating loss of $1.133 billion

Air Canada today reported financial results for the second quarter 2021. Operating revenues of $837 million, an increase of $310 million or 59 per cent from the...

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