Revenue

Revenue is the income generated from normal business operations and includes discounts and deductions for returned merchandise.

Source: investopedia.com

Chinese eCommerce Giant Pinduoduo Sees 30 Pct Jump In Users

Chinese eCommerce Giant Pinduoduo Sees 30 Pct Jump In Users
Chinese eCommerce Giant Pinduoduo Sees 30 Pct Jump In Users
August 24, 2021  |  eCommerce

The Chinese eCommerce giant Pinduoduo saw a jump in monthly active users and active buyers over the past year, according to the company’s second-quarter financial...

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Best Buy Reports Record Q2 Results, Plans Nationwide Rollout Of Membership Program
Best Buy Reports Record Q2 Results, Plans Nationwide Rollout Of Membership Program
August 24, 2021  |  Retail

Best Buy’s domestic online sales dropped more than 28 percent in the second quarter after a 242 percent jump the previous year, but the company...

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JD.com Sees Massive Jumps In Revenue As China Remains Locked Down
JD.com Sees Massive Jumps In Revenue As China Remains Locked Down
August 23, 2021  |  Retail

Chinese supply chain-based technology and service company JD.com, Inc. on Monday (Aug. 23) reported $39.3 billion (253.8 billion yuan) in net revenue for the second...

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Ross Stores Execs See Delta-Driven Supply Chain Problems
Ross Stores Execs See Delta-Driven Supply Chain Problems
August 20, 2021  |  Retail

Executives at Ross Stores, the parent of Ross Dress for Less and dd’s DISCOUNTS apparel and home goods stores, are concerned that a global supply...

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Today In Retail: Amazon’s Big Plans For Big Stores; Home Improvement Retailers Compete For Contractors’ Wallets
Today In Retail: Amazon’s Big Plans For Big Stores; Home Improvement Retailers Compete For Contractors’...
August 20, 2021  |  Retail

In today’s top retail news, Amazon is reportedly planning to open department store-style retail locations in the coming years, while Lowe’s, Home Depot and other...

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Kohl’s Raises Full-Year Guidance After Q2 Performance
Kohl’s Raises Full-Year Guidance After Q2 Performance
August 19, 2021  |  Retail

The first half of fiscal 2021 for the department store retail chain Kohl’s — and especially the second quarter of the year that ended on...

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Macy’s Brings Back Toys R Us, Exceeds Q2 Expectations
Macy’s Brings Back Toys R Us, Exceeds Q2 Expectations
August 19, 2021  |  Retail

Macy’s on Thursday (Aug. 19) expressed excitement about its second-quarter earnings, saying the showing was enough for the company to boost its fiscal 2021 guidance...

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Drive Up Drives Up Grocery Sales At Target With 2x Growth Over Walmart
Drive Up Drives Up Grocery Sales At Target With 2x Growth Over Walmart
August 18, 2021  |  Retail

Target’s grocery business may be an order of magnitude smaller than its competitor Walmart, but in terms of growth rate, it is the clear winner....

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