Sunday, June 28, 2020

Refurbished phones demand surges amid supply crunch for new devices

There was a reduced flow of old devices for reselling in the market because users were taking longer to upgrade their phones, said Cashify's Nakul Kumar https://ift.tt/388DopP https://ift.tt/eA8V8J

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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...