Wednesday, May 1, 2019

RIL at heels, Flipkart rushes to step up Reliance on local stores

Ecommerce giant to sell phones via 15K stores, plans to sell other goods in future & use these shops as last-mile delivery agents. http://bit.ly/2DHMBY3 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...