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Webjet's pivot to profit | Spotify buys podcasts, Apple buys classical music | Aussie BNPL grows as the industry goes bananas for mergers
Description
Webjet expects to be ‘cash flow positive’ in 2022 thanks to its post-COVID strategy, WebBeds, an intermediary between hotels and travel agents.
While Spotify buys cultural podcast brands like Joe Rogan and The Ringer, Apple has bought a classical music streaming service.
Splitit, another local buy now pay later company, has seen its merchant sales increase 94% - as the BNPL industry goes merger crazy.
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