Appen affected by ‘challenges’ in last few years amid $1.2b takeover bid2022-05-26 16:21:46

公開日:2022-05-26 16:21:46

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動画概要 : Tribeca Alpha Plus Fund’s Jun Bei Liu says Appen has “gone through a few challenges over the last few years” amid Telus International’s $1.2 billion takeover bid for the company.

“It’s mainly because COVID has created some disruptions,” she told Sky News Business Editor Ross Greenwood.

“And also two of its largest customers, being Facebook and Google, which account for 80 per cent of its revenue, has gone through some cost pressures and the share price of those companies has fallen.”

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