JD.com, sometimes referred to as the Amazon of China, saw third-quarter 2020 net revenues surge to $25.7 billion, up 29 percent from the same period the previous year, according to a Monday (Nov. 16) announcement. The increase comes amid a pandemic-boosted surge in eCommerce. Get...
Star Indonesian startup Gojek is moving closer to eventual profitability after staunching a tide of ink amid losses on core services like delivery and ride-hailing, according to a new report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The Walt Disney Company reported on Thursday (Nov. 12) as part of its Q4 results that Disney+ had over 73 million paid subscribers at the conclusion of the quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Lemonade reported improved third-quarter earnings on Wednesday (Nov. 11), despite a dip in revenue that it attributed in part to an accounting change. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Lyft reported on Tuesday (Nov. 10) as part of its third quarter earnings results that active riders had risen to 12.5 million from 8.7 million in Q2 on the heels of a major regulatory victory for the gig economy. Get the Full Story Complete the...
Simon Properties continues to defy the odds, posting a pandemic-depleted but profitable quarter Monday (Nov. 9). The mall and outlet center real estate investment trust managed to post a profit despite a 91 percent occupancy rate and collecting on only 85 percent of its rents....
The RealReal reported on Monday (Nov. 9) as part of its third quarter earnings that over the last 12 months, active buyers increased 14 percent to 617,269. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
McDonald’s Corp. reported on Monday (Nov. 9) as part of its Q3 earnings that its comparable sales continued to improve throughout the world, fueled by positive 4.6 percent comparable sales in the United States. Get the Full Story Complete the form to unlock this article...
Lyft is set to report its Q3 results on Tuesday (Nov. 10), as its stock surged more than 26 percent on Monday (Nov. 9) amid news that Pfizer announced what seemed to be encouraging data on a COVID-19 vaccine. Get the Full Story Complete the form to unlock...
