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Alibaba’s Annual Active Consumers On China Marketplaces Hits 742M

PYMNTS

“We mobilized our entire digital infrastructure to support the economic recovery of businesses across a wide range of sectors, while broadening and diversifying our consumer base by addressing their changing preferences in a post-COVID-19 environment,” Zhang said. As for its overall results, Alibaba reported non-GAAP net income of $5.6

GAAP 67
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JD.com Reports 417.4M Annual Active Customers Amid Better-Than-Expected Earnings

PYMNTS

The eCommerce retailer also noted that mobile daily active users in June 2020 rose by 40 percent compared to June 2019, according to a Monday (Aug. JD Retail rolled out an “Instant Delivery” offering for mobile products in April, with the delivery of mobile phones in as soon as one hour via JD Daojia. percent to 417.4 JD.com Inc.

GAAP 54
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Lockdowns Drive Lower Revenues For ATM Owner Cardtronics

PYMNTS

“We also believe that this crisis will likely accelerate the trend of bank branch transformation as several leading retail banks have already closed significant portions of their branch locations, and it is unclear how many of these will reopen when the pandemic has passed.” . Cardtronics reported GAAP net income of $5.8

GAAP 52
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Musings on Markets: Data Update 5 for 2022: The Bottom Line!

CFO News Room

The last few years have been eventful for all companies, with the COVID crisis and ensuing economic shut down causing pain for companies, with recovery coming in 2021, as the global economy opened up again. IFRS and GAAP now treat as leases as debt, but that is still not the case in many other markets that are not covered by either standard).

Marketing 130
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Data Update 5 for 2022: The Bottom Line!

Musings on Markets

The last few years have been eventful for all companies, with the COVID crisis and ensuing economic shut down causing pain for companies, with recovery coming in 2021, as the global economy opened up again. IFRS and GAAP now treat as leases as debt, but that is still not the case in many other markets that are not covered by either standard).

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PayPal Processed More Transactions On May 1 Than On Black Friday

PYMNTS

According to PayPal, the deteriorating economic situation in March slashed the volumes and revenue generated from travel and events while simultaneously depressing credit income. non-GAAP EPS without credit reserves came in at $.83 66 non-GAAP EPS. Minus the credit reserve impact, PayPal noted, $0.83

GAAP 99
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Earnings Season Forecast: Chilly?

PYMNTS

Economic fears may have quieted in the absence of daily headlines over China and its own growth question, but that question is far from answered. That group of market participants includes tech firms and payments companies and the eCommerce firms that use them. But is enough getting baked in?