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Will ride-hailing profits ever come?

TechCrunch

Uber’s revenue fell from $13 billion in 2019 to $11.1 billion in 2019 to a far-smaller $2.4 billion in 2020 , an improvement from its 2019 loss of $8.51 However, if you lean on Uber’s definition of adjusted EBITDA, its 2019 and 2020 losses fall to $2.73 But the decline in demand harmed both companies.

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Magnets and water net Magnotherm $6.9M seed round to kill hazardous refrigerants

TechCrunch

Magnotherm has been refining its technology, known as magnetocaloric refrigeration, since it was spun out of TU Darmstadt in 2019. Magnets and water net Magnotherm $6.9M Now, a German startup thinks it can freeze those refrigerants out of the market using little more than magnets and water while consuming up to 40% less energy.

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With an Apple Store designer as a co-founder, Juno raises $20M to build apartments more sustainably

TechCrunch

Juno , a proptech startup which aims to build more sustainable and affordable apartment buildings, has raised $20 million in a Series A funding round. Comcast Ventures, Khosla Ventures and Real Estate Technology (RET) Ventures co-led the financing, which brings the company’s total raised to $32 million since its 2019 inception.

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How we’re driving sustainable impact for business and society

CIO

Sustainability & ESG are a business imperative, and in our FY23 ESG Report launched today, we share where we are making headway and where we need to accelerate progress. million pounds) of sustainable materials in our products and packaging. Brought more sustainable innovation to our business notebooks.

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Digital mining for sustainability in a low-carbon economy

CIO

Since the Paris Agreement was signed in 2015, businesses have been taking part to contribute in pursuing net zero and achieve emission reduction targets. Sustainability performance information could only be gleaned by using a manual system to collect, consolidate, and analyze data.

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Greener wants to help consumers and businesses be more sustainable

TechCrunch

Many consumers and companies want to reduce their impact on the environment but may not know where to start or how to sustain the necessary changes. He argues that sustainability and climate action doesn’t need to be complicated. want businesses to help them be more sustainable. want businesses to help them be more sustainable.

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Affirm files to go public

TechCrunch

In its 2019 fiscal year, Affirm booked revenues of $264.4 In its 2019 fiscal year, Affirm lost $120.5 Again, comparing the company’s most recent quarter to its year-ago analog, Affirm’s net losses dipped to just $15.3 After an enormous fourth quarter in calendar year 2019, growing its revenues to $130.0 million from $87.9

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