Chinese e-commerce platform Pinduoduo slumps after revenue miss

US-listed shares of Pinduoduo plunged as much as 18% in early trading on Friday after the Chinese e-commerce platform missed quarterly revenue expectations as new coronavirus outbr...

Electronic Arts (EA)

Video game publisher Electronic Arts raises annual sales forecast

Electronic Arts Inc has raised its annual adjusted sales forecast, betting on its soccer franchise “FIFA” and the upcoming launch of warfare title “Battlefield 20...

Platform News: Zoom communications logo

Zoom’s tepid growth forecast takes shine off billion-dollar quarter

Zoom  posted its first billion-dollar revenue quarter but signalled a faster-than-expected easing in demand for its video-conferencing service after a pandemic-driven boom, sending...

Platform News: Search engine Google's New York office

Google and Facebook set to squash initial iOS fears, show big revenue jump

Wall Street expects Alphabet and Facebook to report a surge in digital ad sales this week after smaller rivals showed soaring demand, bolstering expectations that the impact of App...

Platform News: Twitter stock market and financial performance

Twitter beats revenue targets with ad improvements, shares jump 7%

Twitter Inc reported higher revenue growth than Wall Street had expected, as the social media platform rolled out ad targeting improvements and said changes by Apple to keep iPhone...

Platform News: Snapchat app on a smartphone

Snap beats user, revenue estimates with highest growth in 4 years

Snap Inc has beaten Wall Street estimates for users and revenue in the second quarter, notching the highest growth rates since late 2017 as new features on its messaging app Snapch...

Platform Economy: Small Business Finance

Never forget the importance of numbers to your business

Optics and positive sentiment are great, but at the end of the day are merely secondary drivers. A cool brand identity and state-of-the-art offices will maybe help you recruit and ...

Platform News: Twitter stock market and financial performance

Analysts: Twitter may struggle to replicate bumper 2020 growth

Twitter Inc will struggle to replicate a bumper 2020 dominated by the US political battles, civil unrest and the COVID-19 crisis as people venture out following vaccine rollouts, W...

Platform Industry: Amazon corporate logo on a wall

Amazon expects spring windfall as US reopens, posts record profits posted record profits from pandemic shopping and indicated sales would keep growing even as customers emerged from their homes in the reopening US economy.

Platform News: Twitter App

Twitter aims to double revenue by 2023, teases new ‘super follow’ feature

Twitter will launch new features and products faster to refresh its business after years of stagnation, the company has said, aiming to double its annual revenue in 2023.


Facebook scores earnings win on holiday retail advertising

Facebook has beaten quarterly earnings estimates after heavy holidays advertising by retailers, but cautioned Apple’s impending privacy fluctuations could hurt revenue by int...

Platform News: PayPal

PayPal tops estimates amid surge in online shopping but outlook disappoints

PayPal Holdings Inc beat Wall Street estimates for quarterly earnings and profit on Monday, boosted by a surge in electronic payments as COVID-19 lockdowns globally drove more busi...

Platform News: Spotify music streaming app based out of Sweden

Spotify revenue misses as COVID-19 deters advertisers

Spotify missed quarterly earnings expectations yesterday and forecast a soft quarter ahead, due mostly to a decrease in ads because the COVID-19 pandemic kept advertisers.

Platform News: Wall Street in New York

Oracle misses revenue estimates on coronavirus-led order delays

Oracle Corp posted quarterly revenue below Wall Street estimates as the coronavirus crisis led clients in the hospitality, retail and transportation sectors to postpone purchases, ...


Dropbox quarterly results beat estimates

Dropbox Inc’s quarterly revenue and profit beat Wall Street estimates on Thursday, as the file-hosting company signed up more paying customers on its platform with people shi...

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