Sunday, April 17, 2022

Data shows the percentage share of e-commerce in total US retail sales, which is still up from pre-pandemic levels, has started to drop as in-store sales rise (Wall Street Journal)

Wall Street Journal:
Data shows the percentage share of e-commerce in total US retail sales, which is still up from pre-pandemic levels, has started to drop as in-store sales rise  —  E-commerce retailers that rode a surge of online purchases in 2020 are now grappling with the fact that some customers have returned to stores



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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...