Primark, the Irish fashion retailer, is expected to take a huge financial hit due to COVID-19, the Financial Times reported. The Dublin-based global discount chain,...
With a potential initial public offering (IPO) on the horizon, Airbnb reportedly registered a loss in the first nine months of 2019 amid an increase in costs....
Indian unicorn startup InMobi reported a net loss of ₹54 crore in the fiscal year ending in March of last year, which is a year-on-year...
The We Company, the parent of WeWork, uses a cash-flow metric called the “contribution margin,” which showed that its core services were profitable, Bloomberg Tax...
Japan’s Rakuten has taken a huge loss on Lyft shares, according to Reuters. The company said it expects to lose 103 billion yen ($947 million)...
Germany’s Deutsche Bank reported a net loss below market expectations amid a restructuring plan that includes about 18,000 layoffs, The Wall Street Journal (WSJ) reported...
Is eCommerce rearing its ugly head as another big-box store sees a less-than-stellar year? In Sears’ latest annual report for the past fiscal year, it issued a...