FinancialSuccess

GoTo's CEO Gets a Five-Year Extension to Drive Profits for the Ride-Hailing Giant

3 months ago

In a significant move that underscores GoTo's commitment to profitability, the ride-hailing company has extended the contract of its CEO, Andre Soelistyo, for an additional five years. This decision comes at a crucial time for the company as it seeks to navigate the competitive landscape of the ride-sharing market and turn a profit after years of losses.

Telegram Achieves Profitability for the First Time After Settling Debts

3 months ago

In a groundbreaking development, the messaging app Telegram has announced that it has turned profitable for the first time since its establishment. This significant milestone comes after the platform successfully managed its debt obligations, marking a major shift in its financial trajectory.

Nu Bank Achieves Unprecedented Return on Equity, Surpassing Market Expectations

5 months ago

In a remarkable leap forward for digital banking, Nu Bank has reported a record return on equity (ROE) that exceeds initial market estimates. This news has sparked excited discussions among investors and financial analysts as the company continues to assert its dominance in the fintech landscape.

Australian Hedge Fund Party Buoyed by World-Beating Returns

6 months ago

In an astonishing show of fiscal brilliance, Australian hedge funds are taking in their most unparalleled streak of success and making some of the highest returns in the global market. It so happens that recent data reveals these funds have outperformed their international peers and hence are the envy and target of much scrutiny within the financial community.