Business Watch Indonesia

Bounce lately stated it partnered with brands corresponding to Nobroker, Park+, Readyassist, Kitchens@, HelloWorld, and Goodbox to arrange battery swapping stations. Bounce’s losses shrunk 97% to Rs 29 crore as expenses fell from Rs 143 crore to Rs 29.9 crore. According to the financials, Bounce reduced expenses throughout advertising and promotion, legal, hire, power and fuel. As the mobility enterprise took successful, the corporate laid off 40-60% of its workforce in February 2021. The proceeds also helped the firm pivot to electric car manufacturing later in 2021, by buying 22 motors for $7 million in November. The firm stated in October that it will invest $25 million into the EV business.

Barrick Gold CEO says plans to reduce carbon emissions are good for business, not just the environment – CNBC

Barrick Gold CEO says plans to reduce carbon emissions are good for business, not just the environment.

Posted: Sat, 26

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