quarter

Alibaba has posted its first loss in nearly a decade after a record antitrust fine from Chinese authorities hammered margins.

Alibaba posts first loss in nearly a decade following record fine

May 13, 2021

Alibaba has posted its first loss in nearly a decade after a record antitrust fine from Chinese authorities hammered margins. The Chinese ecommerce giant posted a first quarter loss of…

93% jump in online sales help Adidas offset major losses

Companies Ecommerce

Adidas ecommerce online quarter

August 7, 2020

Ben Stevens

No Comments

Adidas’ online sales nearly doubled during its second quarter helping its beat analyst expectations despite posting billions in losses. Adidas reported “exceptional growth in online sales” during the quarter seeing…

Amazon’s founder, chief executive and until a few weeks ago the world’s richest man Jeff Bezos has officially announced his plans to step down from his role after nearly 30 years.

Amazon doubles profits during lockdown posting best quarter in its history

Companies Ecommerce

Amazon Jeff Bezos profits quarter revenues

July 31, 2020

Ben Stevens

Amazon enjoyed its best ever quarter during lockdown, seeing its profits double and hit their highest level on record. Amazon’s sales jumped 40 per cent to $88.9 billion during its…

Shopify Q3 revenue grows 45%

Companies Ecommerce

Amy Shapero Ebay ecommerce quarter results revenue sales Shopify Tobi Lütke

November 1, 2019

Ava Szajna-Hopgood

No Comments

Shopify has reported a 45 per cent rise in third quarter revenue to $390.6 million, ahead of guidance for revenue between $377 million and $382 million. The Canadian e-commerce giant…

quarter

Alibaba posts first loss in nearly a decade following record fine

93% jump in online sales help Adidas offset major losses

Amazon doubles profits during lockdown posting best quarter in its history

Shopify Q3 revenue grows 45%

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