The biggest is $600 million company Marley Spoon (ASX:MMM) which gained over 800 per cent due to heavy demand for its services during the COVID-19 lockdowns. Two other food delivery companies have entered the ASX since then, Youfoodz (ASX:YFZ) and My Food Bag (ASX:MFB), but both companies have remained below their respective IPO prices since ...
Core Lithium (ASX:CXO) share price rebounds on positive update
Marley Spoon confirmed a strong first quarter, with revenue growing 81% over last year. Further, the company has upgraded 2021 revenue growth guidance to 30-35% from 25-30%. The broker notes revenue retention for newer customer cohorts remains to track above earlier cohorts and has positive implications for longer-term unit economics.
Demand for New Leadership Drives 30 percent Surge in ...
Marley Spoon holds its AGM. The dollar improved 0.29 per cent overnight to 77.51 US cents. Commodities. Iron ore firmed for a third session, boosted by reports of falling inventory at Chinese ports amid slowing imports. The spot price for ore landed in China advanced $3.50 or 1.6 per cent to US$217 a tonne.