Thursday, May 16, 2019

E-commerce companies Flipkart, Amazon log out of deep discounts

The executives from consumer electronics, mobile phone, fashion and lifestyle companies said the quantum of online discounts has been scaled down by 10-30% between February and mid-May as compared to the same period last year http://bit.ly/2JKAopw https://ift.tt/eA8V8J

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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...