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Green Dot Announces Exit from China Operations
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Green Dot ( (GDOT)) has shared an update.
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Green Dot estimates that the exit will result in annual cost reductions of $6 million to $7 million, primarily from lower operating expenses and reductions in capitalized internal-use software costs.
In a regulatory filing, the company stated, “On September 2, 2025, Green Dot (GDOT) announced a plan to exit the company’s operational activities in China by the end of 2025 as a means of reducing ...
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