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Poshmark Files For IPO After Posting Record Profits

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Secondhand eCommerce platform Poshmark filed for an initial public offering (IPO) after posting more than $30 million in profit across two consecutive quarters. “We We only recently became profitable and have experienced net losses. The Silicon Valley startup posted a net loss of $14.5 million last year.

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Ant Financial Posts Rare Quarterly Loss

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Ant Financial , the Chinese FinTech giant and an affiliate of Alibaba Group , posted an earnings pre-tax loss of 2.4 The Wall Street Journal ( WSJ ), citing Ant, reported that the company had a pre-tax profit of 5.3 Alibaba blamed the loss on increased investments to capture growth. It posted 9.18

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Are Private Labels The Key To Cracking The Profitability Indian eCommerce?

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And expectations for eCommerce are swelling accordingly. But how to harness and tap into those great expectations profitably? Having been largely shut-out of eCommerce in China by Alibaba – Amazon has made no secret of its intention of doubling down on India. Flipkart reported a net loss of 87.71

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The Walmart Amazon Whole Paycheck Tracker: The Regulation And eCommerce Loss Blues

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But, as Walmart and Amazon seem to like to do things in tandem, Walmart is also paying for some success — in this case success in rapidly building out its eCommerce operations. The Big Blip of the Week: The High Cost of Success In eCommerce. Walmart eCommerce brings in sales of about $21 billion. About a billion of them.

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Paytm’s Long Walk To Profitability 

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Paytm is perhaps the largest and best-known domestic name in mobile payments in India, but it continues to struggle on the path to profitability. As of its last earnings report, Paytm’s parent firm One97 reported a veritable explosion in losses over the last year, largely driven by the increasing cost of doing business.

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India’s InMobi Ad Platform Sees 53 Pct. Increase In YOY Losses

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Indian unicorn startup InMobi reported a net loss of ?54 Earlier, InMobi reported a 2017 net profit of ?11.87 and China where it operates — but it didn’t show any profit after that initial maiden profit. Other Indian unicorns include eCommerce platform Udaan and mobile messaging app Hike. 440.53, up from ?351.3

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Digital Retail Investments Are Paying Off In Q3

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As the year winds down – and holiday shopping picks up – clarity is emerging about which retail investments might pay off in the new decade, and which merchants might be in trouble. Even so, some of the most recent earnings from the retail sector indicate that some investments in emerging areas of commerce are paying off.