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Salesforce CEO Marc Benioff said in public that acquisitions will continue in the future, but the current focus is on integrating acquired companies. Salesforce’s goal now is to improve profit margins. Salesforce once again reiterated that it will increase annual revenue to $50 billion by fiscal 2026, which is equivalent to 2 times the current level; at the same time, Salesforce also set a new target for profit margins of 26%. “We want to have high profit margins,” Benioff told investors. Like other tech companies, Salesforce is cutting hiring and business travel expenses. (Sina Technology)
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- 2022-09-23 Salesforce CEO: The current focus is on integrating acquired companies, and will continue to acquire in the future
- 2022-09-22 Salesforce expects 25% operating margin in fiscal 2026
- 2022-08-08 Salesforce disbands China team
- 2020-12-01 Salesforce turns a profit in the third quarter year-on-year, announcing the $27.7 billion acquisition of Slack
- 2020-11-25 Saleforce plans to acquire Slack, the amount may exceed 17 billion US dollars
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