Wednesday, October 2, 2019

Online sales on govt radar post plaints about predatory pricing

Retailers allege violation of FDI rules via deep discounting; DPIIT looking into the matter. https://ift.tt/2pwxfBA 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...