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Mercury has emerged as one of a select group of fintech firms, like Ramp and Stripe, that continued to thrive after the collapse of pandemic-era valuations.
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Lithia Motors Inc. by the end of the third quarter reduced expenses by $50 million more than the group's original target for a cost-cutting initiative launched this year, COO Adam Chamberlain said Oct. 23 on the company's Q3 earnings call.
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