Carvana, the fastest growing and second largest seller of used cars in the country, said Thursday (Feb. 25) it set several sales and profitability records for the fourth quarter and full year but posted a larger than expected loss from rapid expansion as it tries...
Reflecting the travel industry’s pandemic-led decline, Airbnb held its first earnings call as a public company on Thursday (Feb. 25) reporting a respectable revenue line, outweighed by a huge loss. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Etsy offered stronger-than-expected results when its earnings went public just after the market closed Thursday (Feb. 25) with earnings and revenue both clocking in well above analyst expectations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In its first earnings release since going public, DoorDash reported $970 million for its fourth quarter on Thursday (Feb. 25), a 226 percent increase from the company’s $298 million in 2019. However, despite this dramatic revenue growth, the company’s losses also increased more than twofold...
The digital shift has been firmly cemented in the wake of the pandemic, and merchants are meeting the challenge by meeting consumers where they want to shop — across brick-and-mortar and online channels. Get the Full Story Complete the form to unlock this article and...
The year 2020 was, to put it mildly, a difficult one for nearly all travel industry players, as consumers’ enthusiasm for travel bottomed out in response to the global health crisis. But there were some exceptions, as home-sharing juggernaut Airbnb has demonstrated. In a new...
At Square, it’s getting hard to separate bitcoin from dollars. The company’s fourth-quarter financials reported on Tuesday (Feb. 23) were overshadowed by details about the usage of the cryptocurrency and its own announcement that it is investing $170 million more in it on top of...
For Square, the (earnings) song may remain much the same, at least this time around. To that end, the Cash App, digital payments and, of course, bitcoin will be much in focus when the digital payments firm reports earnings after the bell on Tuesday (Feb. 23)....
As the digital-first economy continues to create part-time employment, gig economy platform Fiverr added to its eventful February on Thursday (Feb. 18) by posting earnings that showed substantial growth in revenue as well as active buyers who use the platform to engage freelance services. Get...
