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Navan lifted its full-year outlook as 2Q loss narrows

Navan narrowed its second-quarter loss and lifted its full-year outlook. The business travel and expense platform also acquired the artificial-intelligence events platform BoomPop.

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Navan raised its full-year outlook after its second-quarter loss narrowed, and said it acquired the artificial-intelligence events platform BoomPop. The business travel and expense platform said on Wednesday the BoomPop acquisition builds on a partnership between the two companies.