JD.com’s shares soar 7% amid double digit revenue rise
JD.com has seen its stock prices soar seven per cent after beating analysts’ estimates over its third quarter and outpacing the slowing growth of the wider Chinese economy.
The Chinese…
Farfetch shares rise 15% after tumultuous week of results
Luxury e-commerce retailer Farfetch saw shares rise 15 per cent during extended trading on Thursday, after its third quarter results quelled investor concerns.
Shares in the luxury fashion platform were…
Samsung profits dive 56% despite strong Galaxy Note 10 sales
Samsung Electronics has seen its operating profit divebomb 56 per cent year-on-year in its fourth quarterly drop in a row.
Its fourth quarter results spelled yet more trouble for the…
Zalando breaks records topping 1bn site visits as sales and profits grow
Zalando’s site was visited over 1 billion times for the first time during its third quarter, as the retailer continues its return to profitability.
The online fashion retailer has seen…
Amazon shares dive 9% amid double-digit drop in profits
Amazon’s shares dropped almost 10 per cent yesterday after the ecommerce giant posted a double-digit drop in profits.
Sales for the three months to September 30 rose 24 per cent…