GYG's US burrito unravels | Optus = For sale | Oura rings the IPO bell
About this episode
The episode discusses Guzman y Gomez's US expansion failure, Optus being put up for sale, and Oura Ring's IPO filing.
Guzman y Gomez has shut its eight Chicago stores and abandoned its US expansion…and its share price skyrocketed on the news. Singtel has not-so-quietly put a "For Sale" sign on part of Optus… Australia's second-biggest telco. Oura Ring has confidentially filed for an IPO, as the smart ring maker is eyeing a $2 billion USD revenue year. _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay Daily newsletter: https://bit.ly/fluxnewsletter Flux on Instagram: http://bit.ly/fluxinsta Flux on TikTok: https://www.tiktok.com/@flux.finance —- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes. ____ Information on current super contribution caps, limits and tax sourced from the Australian Tax Office website. Netwealth Disclaimer: Netwealth Superannuation Services Pty Ltd issues Netwealth Super Accelerator. Netwealth Investments Limited…
Topics covered
- business expansion
- telecommunications
- IPO
- smart technology
- financial news
Keywords
- Guzman y Gomez
- Optus
- Oura Ring
- IPO
- Chicago
- Singtel
- business news
Mentioned in this episode
Organizations: Guzman y Gomez, Singtel, Optus, Oura Ring
Places: Chicago, Australia
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