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Qantas buys chunk of TripADeal | Snap's internal leak | Meta Aus' cheap tax bill

Qantas buys chunk of TripADeal | Snap's internal leak | Meta Aus' cheap tax bill

What the Flux · Flux

May 24, 20225m 57s

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Show Notes

Qantas’ Loyalty business has made its biggest acquisition EVER by acquiring a majority stake in TripADeal, an online travel booking company.

 

Snap Inc, the owner of Snapchat, has had an internal memo leaked which said it will miss its revenue goals for this quarter… and its share price has been smashed.

 

Meta Australia, the owner of Facebook, paid just $24 million in tax for last financial year, despite earning over $1bn in revenue.

 

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