#profitability-targets

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European startups
fromTNW | Africa
8 hours ago

Jumia is cutting another 10% of staff. AI is the framing. Profitability is the deadline.

Jumia is cutting about 200 jobs while deploying AI across operations, logistics, finance, and marketing to reach profitability targets.
Venture
fromTechCrunch
1 month ago

Rivian sacrifices 2027 profit goal to push deeper into autonomy | TechCrunch

Rivian postponed its 2027 EBITDA profitability target due to escalating research and development spending on autonomous vehicle technology.
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