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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Navan CEO Ariel Cohen and Brex CEO Pedro FranceschiAriel Cohen, Navan CEO and Pedro Franceschi, Brex CEO, join 'Closing Bell Overtime' to talk new partnership for corporate expenses.
Persons: Ariel Cohen, Pedro Franceschi Ariel Cohen, Pedro Franceschi Organizations: Navan
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe developed 'best in class' enterprise travel expense solution, says Brex CEO on Navan partnershipAriel Cohen, Navan CEO and Pedro Franceschi, Brex CEO, join 'Closing Bell Overtime' to talk new partnership for corporate travel expenses.
Persons: Ariel Cohen, Pedro Franceschi Organizations: Navan Locations: Navan
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAnalyst: If Hamas gave up hostages after Oct. 7 and vacated Gaza, mayhem could've been avoidedAriel Cohen, nonresident senior fellow at the Atlantic Council, discusses the latest developments in the Israel-Hamas war.
Persons: could've, Ariel Cohen, nonresident Organizations: Atlantic Council Locations: Gaza, Israel
Navan has hired a former New York Stock Exchange executive as its new chief financial officer, ahead of the anticipated IPO of the $9.2 billion travel and expense management platform. Amy Butte, who was NYSE's CFO between 2004 and 2006, will join Navan as its new CFO in June. Founded by entrepreneur Ariel Cohen, Navan is a platform that helps employees at companies big and small to manage their expenses and travel bookings. Last month, Cohen, Navan's CEO, told CNBC the firm is "not far" from an IPO, adding that the company expects to hit profitability this year. Navan was named as a CNBC Disruptor 50 company in May.
Persons: Amy Butte, Butte's, Ariel Cohen, Cohen Organizations: Navan, New York Stock Exchange, SAP, American Express, CNBC Locations: Navan
Asked about when Navan would choose to go public, the firm's CEO and co-founder Ariel Cohen said the company is close to reaching that milestone. "We can see the signals," he said, adding that Navan has been adjusting its leadership structure and making changes to its board in a signal of maturity. Last month saw Navan announce the return of Rich Liu, formerly Navan's chief revenue officer and "an expert on scaling companies from seed to IPO and beyond," to the business as CEO of Navan Travel, the company's travel division. While Cohen wouldn't commit to a date for Navan's eventual IPO, he said the business was "not far" from being ready for a stock market listing. The company is on track to become cash-flow positive and achieve profitability for the first time this year, he said.
Persons: Ariel Cohen, Rich Liu, Amy Butte, Cohen, Cohen wouldn't, he's Organizations: Navan, CNBC, Navan Travel, New York Stock Exchange Locations: Navan, U.S
Photos You Should See View All 45 ImagesNear the Hollywood Hills, floodwaters carried mud, rocks and household objects downhill through Studio City, city officials said. Downtown Los Angeles received nearly 7 inches (18 centimeters) of rain by Monday night, nearly half the yearly average of 14.25 inches (36 centimeters). The danger wasn’t over despite a projected dip in the rainfall, warned Ariel Cohen, meteorologist in charge of the National Weather Service bureau in Los Angeles. “We’ll get any help on the way as soon as you guys request it,” he told Los Angeles Mayor Karen Bass in a telephone call. Associated Press journalists Michael R. Blood and Eugene Garcia in Los Angeles and Amy Taxin in Orange County contributed to this report.
Persons: , Keki Mingus, “ I’ve, ” Drake Livingston, Livingston, Ariel Cohen, “ It’s, Tony Sanz, ” Crews, , Nathan Lopez, Gavin Newsom, Joe Biden, “ We’ll, Los Angeles Mayor Karen Bass, ___ Watson, Michael R, Eugene Garcia, Amy Taxin Organizations: ANGELES, National Weather Service, Authorities, Hollywood, Downtown, Los Angeles Fire Department, San Bernardino County Fire Department, Rancho, Santa Cruz County . Police, Gov, Los Angeles Mayor, Associated Press Locations: Southern California, Los Angeles, Northern California, Studio City, Beverly Crest, Downtown Los Angeles, LA, Los Angeles County, Santa Ana, San Bernardino, Rancho Dominguez, Compton, Long Beach, San Francisco Bay, Carmichael, Sacramento, Boulder, Santa Cruz County, Yuba City, San Francisco, San Diego, Orange County
AdvertisementAdvertisementThere's been a clear winner in the global EV race so far: China. Ford CEO Jim Farley announcing its Michigan EV battery plant in February. Bill Pugliano/Getty ImagesConcern about using Chinese battery technology reflects wider global concern about China's domination of the EV battery market, with governments starting to block Chinese investment into mines and factories. AdvertisementAdvertisementAustralia is the world's biggest producer of lithium, a key material for EV batteries, and a major producer of other rare earths. AdvertisementAdvertisementChina may have led the world in the EV race – but those days could well be numbered.
Persons: , Bill Russo, Chrysler's, CATL, Ariel Cohen, there's, Shawn Fain, Ford, Jim Farley, Bill Pugliano, Jim Chalmers, Cohen, Morgan Stanley, Mazzocco, Bernstein, he's, Biden, it's, Ursula von der, Donald Trump Organizations: EV, European Union, Service, Economic, Financial, Ford, Council's Eurasia Center, of Foreign Relations, UAW, Reuters, Michigan EV, Minerals, Publishing, Center for Strategic, International Studies, South, Japan's Panasonic, European, Benz, Bloomberg, White Locations: China, America, Europe, South Korea, Michigan, Australia, India, Nanjing, Washington ,, Hungary
Navan CEO Ariel Cohen talks partnering with Citi
  + stars: | 2023-10-19 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNavan CEO Ariel Cohen talks partnering with CitiAriel Cohen, Navan CEO, joins 'Closing Bell Overtime' to talk partnering with Citi, a possible IPO and more.
Persons: Ariel Cohen, Citi Ariel Cohen Organizations: Citi Locations: Navan
Analyst discusses Israel-Hamas conflict and Iran's role
  + stars: | 2023-10-10 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIsrael-Hamas war: Threat of escalation not only in the Gaza Strip but also in Lebanon, analyst saysAriel Cohen, a senior fellow at the Atlantic Council, discusses the Israel-Hamas conflict and the role that Iran and Hezbollah play its development.
Persons: Ariel Cohen Organizations: Israel, Atlantic Council, Hezbollah Locations: Gaza, Lebanon, Israel, Iran
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with the Atlantic Council's Ariel CohenAriel Cohen, senior fellow at the Atlantic Council, joins 'Power Lunch' to discuss Israel's strategy amid the war's hostage situation, Lebanon's potential entry into the war, and more.
Persons: Ariel Cohen Ariel Cohen Organizations: Atlantic, Atlantic Council
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLebanon is a bigger problem for Israel than Gaza, says Atlantic Council's Ariel CohenAriel Cohen, senior fellow at the Atlantic Council, joins 'Power Lunch' to discuss Israel's strategy amid the war's hostage situation, Lebanon's potential entry into the war, and more.
Persons: Council's Ariel Cohen Ariel Cohen Organizations: Atlantic Council Locations: Israel, Gaza
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailErdogan is trying to 'balance' Turkey between the East and the West: Atlantic CouncilAriel Cohen, senior fellow at the Atlantic Council Eurasia Center, discusses the upcoming meeting between Russian President Vladimir Putin and Turkey's Recep Tayyip Erdogan.
Persons: Erdogan, Ariel Cohen, Vladimir Putin, Turkey's Recep Tayyip Erdogan Organizations: : Atlantic, Atlantic Council Eurasia Center Locations: Turkey
The company is now targeting a late April 2024 IPO, Insider has learned. Navan, formerly known as TripActions, is now targeting a late April 2024 IPO, according to a person with direct knowledge of the matter not authorized to speak publicly. However, this month the nearly two year dormant IPO market has finally shown signs of coming to life. Andreessen Horowitz first invested in TripActions in 2018, when it led the company's series C funding round at a $1.1 billion valuation and general partner Ben Horowitz joined the board. Navan has raised more than $2 billion in equity and debt financing since it was founded 2015, according to Pitchbook.
Persons: Ariel Cohen, Kelly Soderlund, Instacart, Goldman Sachs, Andreessen Horowitz, Ben Horowitz, It's, " Horowitz Organizations: Navan, NASDAQ, Bloomberg, Softbank, Lightspeed Venture Partners, Coatue Management, Zeev Ventures Locations: Navan, Caplight, TripActions
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinland's and Sweden's desire to join NATO is Putin's doing, analyst saysAriel Cohen, senior fellow at the Atlantic Council's Eurasia Center, says the U.S. and others had been trying and failing for decades to convince both countries to join the military alliance.
Persons: Ariel Cohen Organizations: NATO, Council's Eurasia Center Locations: U.S
"In terms of Ukraine itself, President Biden, the Germans, and others, the French, are not willing to give Ukraine membership right now," Ariel Cohen, a senior fellow at the Atlantic Council's Eurasia Center, told CNBC. "President Biden said after the war is over Ukraine will get the membership," he said. Does that commit NATO to a war against Russia to liberate the Ukrainian territory? As a result of that, NATO does not accept new member states that are currently at war or have land occupied by an adversarial power. "When we applied for membership of NATO, we spoke frankly: de facto, Ukraine is already in the alliance," he said.
Persons: Kyiv's, Biden, Ariel Cohen, Volodymyr Zelenskyy, Natasha Turak Organizations: U.S, NATO, Council's Eurasia Center, CNBC Locations: Ukraine, Vilnius, Lithuania, Russia, Ukrainian, United States, France, Germany, NATO, facto, … Vilnius
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSaudi Arabia has asked for a 'very high price' for normalization with Israel, think tank saysAriel Cohen of the Atlantic Council says Saudi Arabia wants nuclear technology with "very few strings attached" and an "iron-clad" guarantee that the United States will step in for the kingdom if it's attacked by Iran.
Persons: Ariel Cohen, it's Organizations: Saudi, Atlantic Council Locations: Saudi Arabia, Israel, United States, Iran
Russia-Ukraine war: China is winning either way, think tank says
  + stars: | 2023-03-21 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRussia-Ukraine war: China is winning either way, think tank saysAriel Cohen of the Atlantic Council's Eurasia Center says "if Russia fails, it sinks deeper into the Chinese orbit. If Russia wins, it becomes a battering ram against Europe and against the United States."
TripActions, a business-travel software startup, plans to integrate OpenAI’s ChatGPT capabilities across its online platform, an effort aimed at seizing market share by making expense reports easier to use. That way, the expense report is generated during the trip as expenses are incurred, Mr. Cohen said. “Generally, software in the business-to-business space is designed to serve the company,” rather than the employees, Mr. Cohen said. “Using AI helps you create the kind of software that I’m talking about,” Mr. Cohen said. PREVIEWSAP Concur has also begun using AI in its travel and expense software, which can “tap decades of expense data and experience tracking to identify hard-to-detect spend issues and anomalies,” said Charlie Sultan, president of Concur Travel.
Business travel demand increases as Covid concerns soften
  + stars: | 2022-10-12 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBusiness travel demand increases as Covid concerns softenTripActions Ariel Cohen CEO joins 'TechCheck' to discuss bullish investment towards business travel, debt financing funding, and business travel use cases.
TripActions, which was last valued at $7.25 billion, aims to modernize business travel. Founded in 2015 by Ariel Cohen and Ilan Twig, the Palo Alto-based company helps businesses manage travel, company cards and expenses for employees. At the time, Cohen said TripActions had originally planned to go public this year but delayed those plans when the market went south. TripActions raised $275 million in series F funding last fall at a $7.25 billion valuation in a deal led by Greenoaks. Andreessen Horowitz first invested in TripActions in 2018, when it led the company's series C funding round at a $1.1 billion valuation.
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