profit

Merchants Using WeChat Pay Grew 80 Pct YOY In Q4

Merchants Using WeChat Pay Grew 80 Pct YOY In Q4
Merchants Using WeChat Pay Grew 80 Pct YOY In Q4
March 22, 2019  |  Earnings

While China’s Tencent reported lower-than-expected net profits in its fourth quarter earnings, some of its emerging businesses have seen significant growth. The company revealed that its Q4...

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Amazon Blocks Product Promotions That Lose Money
Amazon Blocks Product Promotions That Lose Money
March 21, 2019  |  Amazon

In an effort to boost its bottom line, Amazon will no longer allow products that don’t turn a profit to advertise on its site. Get the...

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Vodafone To Profit Off Late Payments
Vodafone To Profit Off Late Payments
March 19, 2019  |  B2B Payments

Vodafone Group has invested in a fund that makes money by paying suppliers late. Get the Full Story Complete the form to unlock this article and...

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FDIC: Banks Pull In $237B In 2018
FDIC: Banks Pull In $237B In 2018
February 22, 2019  |  Banking

Amid rising revenues and decreased taxes, the Federal Deposit Insurance Corporation (FDIC) announced on Thursday (Feb. 21) that the banking industry pulled in $237 billion...

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LendingClub Loan Applications Surge 18 Pct Despite Earnings Miss
LendingClub Loan Applications Surge 18 Pct Despite Earnings Miss
February 20, 2019  |  Earnings

LendingClub shares sank on guidance that missed the Street, but management said fourth quarter lending activity was strong across personal and auto loans, even as...

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Expedia Earnings Show Downturn In Home Rentals
Expedia Earnings Show Downturn In Home Rentals
February 08, 2019  |  Earnings

Expedia saw its shares get a boost after its forecast profit was ahead of analysts’ expectations. Get the Full Story Complete the form to unlock...

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Bitcoin Daily: IBM Unveils Blockchain Projects; ICOs Notch $12.8B In ‘Team Profits’
Bitcoin Daily: IBM Unveils Blockchain Projects; ICOs Notch $12.8B In ‘Team Profits’
January 17, 2019  |  Bitcoin

IBM is planning to use blockchain to help monitor supply chains in the metals industry, CoinDesk reported. In one case, the technology company plans to...

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Eyeing IPO, Airbnb Asserts Back-To-Back Profitability
Eyeing IPO, Airbnb Asserts Back-To-Back Profitability
January 15, 2019  |  IPO

Airbnb, one of several tech giant companies potentially getting ready for an initial public offering (IPO) this year, said on Tuesday (Jan. 15) that it’s...

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SEC Eyes Amazon Prime Data
SEC Eyes Amazon Prime Data
December 26, 2018  |  Amazon

Amazon has reportedly refused to disclose information about Prime memberships to the U.S. Securities and Exchange Commission (SEC) after it was asked to do so....

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