The retail giant has leveraged its scale and supply chain to ramp up e-commerce operations and its food business continues to drive results. …read more Source:: Open Source S
Tag: quarter
Jio powers through first quarter as Reliance left with 66.5% stake
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•Indian telco reports revenue was up by a third, EBITDA grew by over 55%, and net profit rose by 183%. …read more Source:: Open Source S
PayPal adds 21 million new active accounts in strong second quarter
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•PayPal said it saw the largest quarterly increase in active accounts in the company’s history during Q2. …read more Source:: Open Source S
Disaster-filled fourth quarter drags down Optus full-year results
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•The three months to the end of March saw revenue fall by over 8%, EBITDA down by a quarter, and net profit hollowed out by 84%. …read more Source:: Open Source S
Huawei revenue slightly improves for first quarter of 2020
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•Profit margin down compared to this time last year, while revenue is up a mere 1.4% on Q1 2019. …read more Source:: Open Source S
Samsung full year profit drops 53% after fourth quarter profit takes 34% hit
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•For the full year, Samsung is expecting to post an annual total operating profit drop of 53%. …read more Source:: Open Source S
NBN migration revenue helps Optus to rosy second quarter
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•Most numbers are heading in the right direction for the Singaporean-owned telco. …read more Source:: Open Source S
StarHub second quarter sees net profit drop over a third
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•Lower Pay TV and mobile revenue sees Singaporean telco head downwards. …read more Source:: Open Source S
T-Mobile adds 1.8 million net customers in second quarter
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•The company ended the quarter with 83.1 million customers. …read more Source:: Open Source S
Uber lost $1 billion in first quarter as a public company
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•With results largely in line with company estimates, Uber is putting its focus on its high customer engagement and global reach. …read more Source:: Open Source S