first quarter

Xiaomi sees revenues jump 13.6% as product returns to pre-crisis levels

May 21, 2020

Xiaomi has seen a double digit rise in first quarter revenue despite the corornavirus’ impact on its supply chain production returns to normal. The Chinese tech giant reported a 13.6…

Amazon has seen the shock departure of one of its vice presidents who said remaining at the company would have meant “signing off on actions I despised”.

$4bn in Amazon profits to be wiped out by COVID-19 despite record sales

Companies Ecommerce marketplace News

Amazon Coronavirus COVID 19 first quarter Jeff Bezos Q1

May 1, 2020

Ben Stevens

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Amazon said that the coronavirus pandemic will cost it a whopping $4 billion (£3.19 billion) over the next three months, all but wiping out its profits. In its first quarter…

Ebay has smashed analyst estimates in its first quarter as it proves to be one of the few retailer companies benefiting from the global lock-down.

Ebay smashes analyst estimates across the board as lock-down proves fruitful

Companies marketplace News

Ebay first quarter Jamie Iannone outlook revenues sales Walmart

April 30, 2020

Ben Stevens

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Ebay has smashed analyst estimates in its first quarter as it proves to be one of the few retailer companies benefiting from the global lock-down. The online marketplace said sales…

Ebay has expanded its share buyback plan by $3 billion (£2.3 billion) while raising its outlook for current quarter as it closed its sale of StubHub.

Ebay sales falter as analysts call Amazon the “primary culprit”

Companies marketplace News

Amazon Analyst Ebay first quarter Shares

January 29, 2020

Ben Stevens

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Ebay has seen its shares dive five per cent after it warned investors that it would miss analyst estimates this quarter, with experts citing Amazon as the “primary culprit”. The…

JD.com is has made an application for its potential $3 billion secondary stock market listing as it pushes ahead with the plans despite coronavirus concerns.

JD.com reports slowest Q1 growth in its history

Ecommerce News

Alibaba first quarter JD.com Q1

May 13, 2019

Ben Stevens

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JD.com has reported its slowest revenue growth on record over its first quarter as it struggles to find new customers in its home market. The Chinese ecommerce giant saw net…

Amazon has confirmed that it will launch its “first grocery store” in California in 2020 as it continues to push into the physical retail space.

Amazon to spend nearly $1bn halving Prime delivery times

Companies Delivery / Supply Chain

Amazon Delivery first quarter Prime Q1

April 26, 2019

Ben Stevens

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Amazon is set to half delivery times for its Prime customers, setting aside nearly $1 billion to offer free one-day delivery for all its paying members. The ecommerce giant has…

Tesla reports $702m loss in “one of the most complicated quarters” in its history

Automotive Companies News

first quarter Model 3 Tesla Zach Kirkhorn

April 25, 2019

Ben Stevens

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Tesla has reported a dramatic drop in profits for the first quarter of 2019, adding that it doesn’t expect to return to profit until the third quarter. For the first…

Coronavirus and consolidation: How the online delivery market has transformed during the pandemic

21/05/2020 10:50 AM

The online food delivery market will emerge from the pandemic nearly unrecognisable from how it went in.

Online food delivery has, almost overnight, become one of the most important and potentially lucrative arms of the retail and restaurant industry. Once disruptive start-ups like Deliveroo, Just Eat and…

first quarter

Xiaomi sees revenues jump 13.6% as product returns to pre-crisis levels

$4bn in Amazon profits to be wiped out by COVID-19 despite record sales

Ebay smashes analyst estimates across the board as lock-down proves fruitful

Ebay sales falter as analysts call Amazon the “primary culprit”

JD.com reports slowest Q1 growth in its history

Amazon to spend nearly $1bn halving Prime delivery times

Tesla reports $702m loss in “one of the most complicated quarters” in its history

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Coronavirus and consolidation: How the online delivery market has transformed during the pandemic

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