Here is a selection of the ads that have (or will) drive the prices of these companies:
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Airplan On Monday, it announced the launch of a partnership that allows its users to collect and redeem points at the chain’s coffee shop branches Starbucks (SBUX, $ 105.85). According to the Air Canada loyalty program (AC, $ 27.80), members will need to link their Aeroplan account to their Starbucks Stars account to allow them to accumulate Aeroplan Points and Starbucks Points. Once the accounts are linked, Aeroplan users will be able to accumulate points by loading money into their Starbucks digital card and will be able to save money on redeeming Aeroplan points for Starbucks gift cards. The new partnership comes after an overhaul of the Aeroplan program last year, based on feedback from its members. Air Canada says its members have told it they want more opportunities to earn and redeem points in their everyday lives. Air Canada purchased the rewards program from Aimia in January 2019.
Food delivery platform Deliveroo On Monday it revealed lower losses in 2020 and strong growth, just weeks before the London IPO. In a statement, the group revealed a loss of 223.7 million pounds last year, down from 317 million the previous year. The meal delivery platform, which it plans to launch on the stock exchange in April according to a source familiar with the matter in Agence France-Presse, saw the value of transactions on its platform rise 64% last year to 4.1 billion books, and serves 800 sites in 12 locations. Markets. The IPO, which is “targeting institutional investors outside the United States”, will include “£ 50m in shares available to its clients” with a Deliveroo account. The company said in January it was now valued at more than $ 7 billion.
Luxury car maker Aston Martin CEO Lawrence Stroll said in an interview with the Financial Times that AML (1961 pence) will build all of its electric models in the UK from 2025. The brand will introduce a hybrid version of its DBX SUV this year, and then for the other models from 2023 before it 100% electrically powered in 2025. In total, 2,500 people work in Gaydon, in central England and St. Athan in Wales. Last year, the manufacturer announced layoffs of 500 employees as part of restructuring in the midst of the historic auto crisis, one of the sectors hardest hit by the pandemic. The company more than tripled its loss in 2020, but it is on a shift thanks to its restructuring plan.
Manufacturer of luxury cars Porsche, Subsidiary Volkswagen (VOW, € 217.20), on Monday announced an increase in its stake in the Croatian electric vehicle manufacturer Remak, A deal that could be linked to a future acquisition by the Bugatti brand. “On Friday, the Supervisory Board of Porsche approved an increase in the stake in Rimac Automobili from 15% to 24%” for € 70 million “indicating an expansion of the strategic partnership,” according to a press release. Several media outlets previously reported increasing Porsche’s investment in Rimac in connection with the Croatian company’s acquisition of the luxury brand. Bugatti, Owned by Volkswagen and maker of the Bugatti Veyron, one of the most expensive and fastest cars in the world. Porsche did not mention such an operation on Monday.
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