Thursday, October 22, 2020

Huawei's growth slowed sharply due to US sanctions with Q3 revenue of $32.5B, up 3.7% YoY; revenue growth for 2020 so far is 9.9% compared to 24.4% in 2019 (Arjun Kharpal/CNBC)

Arjun Kharpal / CNBC:
Huawei's growth slowed sharply due to US sanctions with Q3 revenue of $32.5B, up 3.7% YoY; revenue growth for 2020 so far is 9.9% compared to 24.4% in 2019  —  - For the first nine months of the year, revenue totaled 671.3 billion yuan ($98.57 billion), up 9.9% from the 610.8 billion yuan reported in the same period last year.



No comments:

Post a Comment

Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shein to cut pre-IPO valuation from $66B to ~$30B (Financial Times)

Financial Times : Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shei...