Third Quarter
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Zalando has swung to a profit and raised its outlook for the full year as turns “accelerated consumer demand” into “business opportunities”.
The online fashion marketplace has emerged as the…
Read MorePayPal on track to process $1 trillion in payments this year
PayPal Holdings Inc. on Monday announced it had beat Wall Street estimates for its third quarter revenue and profits, thanks to a surge in digital payments.
The online payment specialist…
Read MoreAmazon shares dip 2% despite record quarter as it warns Christmas deliveries will be “tight”
Amazon has seen its shares dip two per cent in morning trading after it warned that its Christmas quarter could be “tight”.
The online retail behemoth spooked investors yesterday after…
Read MoreJD.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…
Read MoreFarfetch 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…
Read MoreSamsung 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…
Read MoreZalando 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…
Read MoreAmazon 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…
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