PRS for Music achieved a 22.4 percent year-over-year (YoY) revenue increase in 2021, even as royalties from live shows and plays in public establishments remained nearly 40 percent beneath their pre-pandemic total. 108-year-old PRS for Music, […]
Photo Credit: Alexander Shatov Snapchat achieved an 18 percent year-over-year jump in daily active users during Q1 2022 – the first full quarter in which it’s had licensing deals in place with each of the […]
Hong Kong CNN Business — Tencent’s stock suffered a sharp drop after the company reported its slowest-ever growth thanks to a bruising crackdown by China on the country’s tech sector. Shares in the Chinese social […]
Shared from www.businessoffashion.com China’s Alibaba Group Holding Ltd on Thursday reported its slowest-ever increase in quarterly revenue since going public in 2014, as tepid growth in core e-commerce business and intensifying competition ate into its sales. Revenue […]
Shared from Business of Fashion The cosmetic giant’s net sales were up 12.4 percent year-on-year in 2021, and EBITDA, or earnings before interest, taxes, depreciation and amortisation, rose 141.7 percent, to 172.56 billion yen ($1.5 […]
Shared from Business of Fashion The grey-market luxury online retailer has reported 154 million Australian dollars (US$109.7 million) in gross revenue for the six months ended December 31. Cettire, which sells a vast array of […]