Business
Freepik rebrands as Magnific: a bootstrapped, profitable $230M ARR AI creative platform
The new name unifies what was previously fragmented across Freepik (stock assets), Magnific (AI upscaling), and several other products.…
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profitable
Business
Food Innovators turns profitable one year after Catalist debut
Restaurant operator Food Innovators announced on Wednesday (Oct 15) that it turned profitable for its first half of 2026 ended August, a…
Business
L’Oreal only interested in Armani’s profitable beauty business
The Italian fashion mogul’s death this month at the age of 91 has triggered intense speculation and analysis about which company would…
Business
China EV maker XPeng set to turn profitable, says CGSI, lifting target price for the stock
Chinese EV maker XPeng could soon turn profitable, as strong vehicle sales and consensus-beating financials paint a bullish outlook,…
Business
Small Business Gold Mines: Most Profitable Ideas for 2025
Are you thinking about diving into the gold business in 2025? The opportunities are vast and varied. From mining to jewelry making, gold…
Business
Singapore Institute of Advanced Medicine says ‘no assurance’ it can turn profitable or sustain it
Troubled healthcare provider Singapore Institute of Advanced Medicine (SIAMH) said on Thursday (Dec 26) that it’s not guaranteed the…
Business
Singapore Institute of Advanced Medicine says ‘no assurance’ it can turn profitable
Troubled healthcare provider Singapore Institute of Advanced Medicine Holdings (SIAMH) said on Thursday (Dec 26) that it is not guaranteed…
Business
Telegram profitable for first time after app pays down debts
SOCIAL media app Telegram is profitable for the first time after paying down “a meaningful share” of some US$2 billion in debt, chief…
Business
Stokes to close its less profitable stores in restructuring process
Canadian independent tableware and kitchenware retailer Stokes has commenced a restructuring process aimed at securing its future growth…