Talabat CEO: Still the Leader in All of Our Markets
Original Report
Food delivery giant Talabat has reported full year adjusted profit of $451 million -- that's a jump of 15% year on year. The Dubai-headquartered firm plans to invest $100 million this year to grow...
Food delivery giant Talabat has reported full year adjusted profit of $451 million -- that's a jump of 15% year on year. The Dubai-headquartered firm plans to invest $100 million this year to grow its subscriber base across its verticals. Toon Gyssels, CEO, Talabat spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche on their performance and competition from other delivery apps. (Source: Bloomberg)
Glass House Analysis
Corporate decisions reverberate through local communities—a merger might mean headquarters relocating, a restructuring could eliminate jobs, and strategic shifts affect suppliers and service providers in countless towns. Behind quarterly earnings numbers are real employment decisions, investment choices, and community impacts that shape the economic landscape of regions across the country.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
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