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Alibaba guides for higher revenues in fiscal 2021 after revenue growth of 22% in Q4
2020-05-22 17:41:00| Telecompaper Headlines
(Telecompaper) Revenues for Alibaba's fiscal fourth quarter rose 22 percent from the year to CNY 114.314 billion, compared to growth of 38 percent in the previous quarter and 40 percent in the one before that. The adjusted EBITDA increased by 1 percent to CNY 25.440 billion, against growth of 37 percent in fiscal Q3. The net profit meanwhile sank 88 percent to CNY 3.162 billion, compared to an increase of 62 percent sequentially.
Disney's head of streaming to become CEO of TikTok
2020-05-19 02:19:09| BBC News | Business | UK Edition
Kevin Mayer will be in charge of the global development of the short-form video platform.
Don't let perfect be the enemy of good
2020-05-18 21:58:00| National Hog Farmer
There are statistical tests that the accountants run, and our current hog contract does not come close to meeting these thresholds under most circumstances.
Ghost Kitchens Are Helping Restaurants Get Through the Lockdowns. But Will There Soon Be Too Many of Them?
2020-05-18 20:16:00| National Real Estate Investor
The need for food delivery has accelerated ghost kitchen openings in April.
J.C. Penney Post-Bankruptcy Plan Includes Closing 29% of Stores
2020-05-18 18:58:00| National Real Estate Investor
The department store chain plans to close roughly 242 stores across the country.
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