Revenue

Revenue is the income generated from normal business operations and includes discounts and deductions for returned merchandise.

Source: investopedia.com

Klarna Revenue Jumps 27% Amid IPO Preparations
Klarna Revenue Jumps 27% Amid IPO Preparations
August 27, 2024  |  IPO

Klarna saw revenues climb in the first half of 2024 amid preparations to go public. The Swedish buy now, pay later (BNPL) provider released half-year...

READ MORE >
Temu: High Revenue Growth Not Sustainable Amid eCommerce Competition
Temu: High Revenue Growth Not Sustainable Amid eCommerce Competition
August 26, 2024  |  eCommerce

The parent of Chinese eCommerce firm Temu is warning that revenue growth will eventually cool. PDD Holdings released quarterly earnings Monday (Aug. 26) showing an...

READ MORE >
Target: Streamlined Checkout and GenAI Chatbot Improve in-Store Experience
Target: Streamlined Checkout and GenAI Chatbot Improve in-Store Experience
August 21, 2024  |  Retail

A streamlined checkout experience and the deployment of generative artificial intelligence-powered handheld devices for employees have improved the in-store experience at Target, the retailer said...

READ MORE >
Macy’s Pins Hopes on ‘First 50’ Strategy Despite Overall Sales Drop
Macy’s Pins Hopes on ‘First 50’ Strategy Despite Overall Sales Drop
August 21, 2024  |  Retail

Macy’s officials are confident in their “A Bold New Chapter” strategy, highlighted by the company’s First 50 locations. During its second-quarter earnings call Wednesday (Aug....

READ MORE >
Report Finds That Faster Payments Boost Federal Reserve Banks’ Bottom Line
Report Finds That Faster Payments Boost Federal Reserve Banks’ Bottom Line
August 21, 2024  |  Faster Payments

The Federal Reserve’s latest report to Congress offered a snapshot of money spent — and returns on investment — on all manner of payment systems....

READ MORE >
Ibotta’s Operating Loss Reminds Investors That Growth Comes at a Price
Ibotta’s Operating Loss Reminds Investors That Growth Comes at a Price
August 14, 2024  |  Earnings

The old saying in business is that you have to spend money to make money. That means investments today are made in hopes of paying...

READ MORE >
Report: Tencent May Share Mini Games Revenue With Apple
Report: Tencent May Share Mini Games Revenue With Apple
August 14, 2024  |  Mobile Applications

Tencent Holdings reportedly said it is in discussions with Apple about sharing revenue from its WeChat mini games. The remarks, made Wednesday (Aug. 14) during...

READ MORE >
QVC CEO Aims Social Commerce at Gen Z Parents
QVC CEO Aims Social Commerce at Gen Z Parents
August 08, 2024  |  Retail

Amid merchants’ gold rush for young consumers’ social commerce spending, Qurate Retail is focusing on an often-overlooked demographic: Generation X and baby boomer women on...

READ MORE >
The RealReal: Luxury Resale Shoppers Demand More Bang for Their Buck
The RealReal: Luxury Resale Shoppers Demand More Bang for Their Buck
August 06, 2024  |  Earnings

As consumers across income groups feel economic pressure, luxury secondhand marketplace The RealReal is seeing its customers continue to spend but demand more value for...

READ MORE >