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Global Blue Reports Strong Q4 and FY2022/23 Financial Results With a Significant Improvement Across All Key Metrics

Significant improvement in Adjusted EBITDA to €78.0M in FY2022/23 vs (€9.9M) in FY2021/22, representing 46% of that of FY2019/20 Strong cash position with ~€240M of cash and cash equivalents as of March 31, 2023 ~€211M strategic equity investment from Certares & Knighthead in June 2022, enabling Global Blue to continue pursuing strategic add-on acquisitions and to fund working capital requirements associated with the significant recovery underway Further acceleration of t...
United Kingdom Hong Kong Asia Pacific Jacques Stern Net Income Group Share Value Payment Solutions

Enterprise Marketplaces are Exploding – Gartner's Take for 2021 – Financial News

Enterprise Marketplaces are Exploding – Gartner’s Take for 2021 Today, most enterprises already recognize the necessity in having a Marketplace strategy. This means planning out how your company will reach a larger audience to sell more goods through platforms like Amazon and Alibaba or by building your own marketplace. eCommerce trailblazers like Mike Rubin, the Founder of Fanatics, reaffirmed the importance of having a Marketplace: “When I look at our growth over the next decade, market...
Mike Rubin Best Buy Saas Marketplace Market Guide Marketplace Operation Applications Commerce Dynamics

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