Xero’s total write-down in the value of its recent acquisition of Waddle, shocked some – not least Commonwealth Bank – but a buyer could still be found.
Xero to shed around 15 per of staff crn.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crn.com.au Daily Mail and Mail on Sunday newspapers.
Xero Limited suffered a blow to its UK growth hopes with the announcement of a delay to its Making Tax Digital initiative. Read why I m neutral on the stock.
Xero will be forced to rely more on its home markets of Australia and New Zealand for subscriber growth in the next few years, despite them being more mature markets.