by Ravi Balakrishnan | May 16, 2019 | Alibaba Group, BrandZ, Financial results, News
Alibaba Group’s quarterly and annual financial results reveal that the retail and technology firm has increased revenue by 51% year-on-year. Its revenue for the full fiscal year stood at RMB376.8 billion (US$56.2 billion), more than doubling 2018’s figures. The annual...
by Vivienne Kelly | Apr 26, 2019 | Facebook, Financial results, Mark Zuckerberg, News, Social Media, Whatsapp
Facebook’s financial results for the first quarter of the 2019 calendar year show the social media giant is setting aside US$3bn for the anticipated costs of the US Federal Trade Commission’s investigation into its platform and data processes. The social media giant...
by Simon Yuen | Feb 25, 2019 | Baidu, digital, Financial results, iQiyi, Online Marketing
IQIYI's strong performance bolstered Baidu's revenues but it's also the key driver of soaring content costs.
by Nadia Cameron | Feb 15, 2019 | customer engagement, Financial results, Medibank
About 150,000 Medibank young adult customers will receive a 10 per cent discount on policies this year as part of the health insurer’s ongoing quest to secure and reward customer loyalty.
by Vanessa Mitchell | Sep 12, 2018 | brand strategy, Financial results, myer, retailing
Myer will stop discounting - getting rid of clearance floors by mid-2019 - reduce floor space, and focus on exclusive brands, as it fights to come back from a shocking near $500 million loss in the year to June 2018.
by Vanessa Mitchell | Aug 29, 2018 | Financial results, marketing services, Salmat
Marketing services provider, Salmat, has announced a $5.2 million loss for the last financial year, despite selling its contact centre business for $53 million.
