Internet companies across Europe are waking up to the increased need to reach profitability and match the same criteria for commercial success as ‘traditional’ businesses according to a report from the Financial Mail.
According to a survey from PricewaterhouseCoopers more internet companies are producing profits and cash burn rates – the period taken to run out of initial funding – are decreasing.
The survey also reports that internet operations are being led in Europe by German businesses.
According to a survey from PricewaterhouseCoopers more internet companies are producing profits and cash burn rates - the period taken to run out of initial funding - are decreasing.
The survey also reports that internet operations are being led in Europe by German businesses.
