Sunday, June 28, 2020

Three out of four kirana stores do not have technology for payments or procurement: Report

The onset of the pandemic has also accelerated the willingness of small businesses to use technology to scale up operations, opening up a market that had in the past viewed technology companies as a competitor. https://ift.tt/2CTnIvb 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...