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Facebook doubles profit on strong growth in user numbers during Q2, sees pressure for ad revenue

2020-07-31 11:37:00| Telecompaper Headlines

(Telecompaper) Facebook doubled its net profit in the second quarter amid continued high engagement on its network amid the covid-19 pandemic, even as revenue growth slowed to 11 percent. The company noted however that it was seeing signs of normalisation in user growth and engagement as lockdown measures ease in some parts of the world, particularly in developed markets where the company's penetration is higher. The company expects the daily and monthly user growth to sequentially flatten or even decline in the third quarter as shelter-in-place measures restrictions continue to lessen.

Tags: user strong numbers growth


Stagecoach tries to innovate as bus passenger numbers fall

2020-07-22 15:07:52| BBC News | Business | UK Edition

The bus operator, based in Perth, forecasts that customer behaviour will lead to a further drop in the number of bus passengers.

Tags: fall numbers bus passenger


Here come the numbers, there goes sustainability and where is South Africa's alcohol industry? - The just-drinks Analyst

2020-07-20 13:19:00| Daily beverage news and comment - from just-drinks.com

As we embark on the latest round of companies results, resident analyst Ian Shackleton returns to set the scene on what investors are considering when looking at the drinks industry. Ian also shares his thoughts on drinking Scotch from a paper bottle while sounding South Africa's alarm bells.

Tags: the south industry numbers


TRAI reports pay TV numbers for India at end-2019

2020-06-30 12:00:39| Digital TV News

According to TRAI, Pay DTH had an average active subscriber base of 69.98 million at 31st December 2019. At the same time there were 13 MSOs and 1 HITS operator with a subscriber base of more than one million.

Tags: pay reports numbers india


Coronavirus: Delta to extend caps on passenger numbers

2020-06-26 22:29:26| BBC News | Business | UK Edition

The airline has been capping the numbers on board its flights to no more than 60% of capacity.

Tags: numbers extend delta caps


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