#strategic-restructuring

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Media industry
fromNew York Post
4 hours ago

Embattled BuzzFeed warns end could be near as it faces major cash crunch

BuzzFeed flagged going concern doubts and suspended 2026 forecasts while evaluating strategic options, with stock declining 7% as the company faces severe cash constraints and advertising revenue challenges.
fromFortune
1 month ago

Sam Altman should take Niklas Ostberg's number-what the Delivery Hero founder doesn't know about taking a company public and handling grumpy shareholders isn't worth knowing | Fortune

Roll forward to 2025 and it has been far from a good year on the markets for the owner of Talabat (Gulf, North Africa), Glovo (Europe, Africa) and Foodpanda (South-east Asia). Delivery Hero's share price fell to a low of €16.05 ($18.94) in November, from a high of €31.39 ($37.05) nine months earlier, a nearly 50% drop. Competition from the Chinese giant, Meituan, and regulatory fines for poor employment practices in the cutthroat world of moped and cycle delivery weighed on share price performance.
Startup companies
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