China-based FinTech Tencent Holdings Ltd. cited “new regulatory and macroeconomic developments” as catalysts for the company’s lackluster 3 percent revenue increase in the third quarter of 2021, according to an unaudited financial performance analysis on the company’s website. Get the Full Story Complete the form...
German sportswear giant Adidas is expecting its sales to take a €1 billion ($1.2 billion) hit over the next two quarters because of factory closures in Vietnam and supply chain bottlenecks that are expected to continue into the early part of 2022. Get the Full...
Israeli freelance platform Fiverr delivered third-quarter earnings that topped forecasts, with 42% year-over-year revenue growth reaching $74.3 million and net earnings per share of $0.19. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In the world of cryptocurrency, where volatility is both the norm and a double-edged sword for trading firms like Coinbase, the third quarter may be looked back upon as either a harbinger or a missed opportunity. Get the Full Story Complete the form to unlock...
Paymentus highlighted its expanded relationship with J.P. Morgan Tuesday (Nov. 9) during an earnings call with investors and analysts. The provider of cloud-based bill payment technology and solutions also reported a 45% leap in the number of transactions it processed, compared with the same quarter...
Despite seeing declining revenue and a deeper loss compound, Blue Apron maintains that the events of the past 20 months have precipitated a rise in home cooking that will boost sales going forward. Get the Full Story Complete the form to unlock this article and...
The biggest buzz for PayPal and its latest quarterly results released on Monday (Nov. 8) is a new partnership with Amazon that will allow U.S. shoppers to use Venmo at checkout starting in 2022. Get the Full Story Complete the form to unlock this article and...
As PayPal readies to share its third-quarter financials after the bell on Monday (Nov. 8), market watchers are expecting news about the platform’s hotly awaited super app, as well as updates on its buy now, pay later (BNPL) activities, crypto growth and further moves into...
The continued hallmarks of the cryptocurrency market are volatility and no shortage of strong opinions — positive and negative — over crypto’s place in commerce and financial services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
