Alphabet has become an investor in little-known rival SAP
- Odoo has received investment from Alphabet and Sequoia Capital
- Odoo startup's valuation after the round was €5 billion
- Belgian startup creates open source software
- It helps businesses plan their resources
- 80+ business applications are available on the Odoo platform
- Odoo is already profitable, with revenue growing at 50%/year
- Revenue for 2023 was €370m, for 2025 will be €650m
- The startup aims to surpass the €1 billion mark by 2027
- 80% of its business comes from open source software
- Another 20% comes from software that Odoo licenses
Digital
7
0
0
Comments
Recommended
Stephanie Turner
14 subscribers
2 months ago
Subscribe
MicroStrategy has bought $4.6 billion worth of bitcoins again
- MicroStrategy bought nearly 51.8k bitcoins for $4.6 billion
- This is MicroStrategy's largest purchase in the last 4+ years
- The company first started buying bitcoins 4+ years ago
- Its last bitcoin purchase was on November 11-17, 2024
- It now owns a total of $29+ billion worth of bitcoins
- The company buys bitcoins to protect against inflation, etc.
- MicroStrategy initially bought them with
Show more
Digital
12
1
0
Stephanie Turner
14 subscribers
2 months ago
Subscribe
BNPL service Klarna nears profitability ahead of possible IPO
- Klarna almost reached the breakeven level for 9M
- Klarna's loss for 9M. 2024 decreased to $180 th
- For the same period a year ago the loss was $161 mln
- The service's revenue grew by 23% to $1.9 bln
- Earlier, the Swedish service applied for an IPO
- It is not clear yet how many shares and at what price will be offered
- Analysts estimate BNPL service at $14.6 bln
- Net income for Q3 2024 was
All trademarks, logos, and brands are the property of their respective owners. All company, product, and service names used in this website are for identification purposes only.