Wed, Nov 08, 2023
Going concern is an accounting term for a company that has the resources to continue making enough money to stay afloat for the foreseeable future.
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Tue, Aug 22, 2023
Dunzo, the quick commerce startup, faces a hurdle in raising funds as shareholders clash over valuation. Reliance Retail, holding a 26% stake, opposes a nearly 50% valuation reduction as its $200-million investment in January 2022 could face erosion. Dunzo's struggle in the consumer market has led to its valuation decline.
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