2024-08-15
Bloomberg
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Alibaba reports Q1 revenue up 4% YoY to ~$34B, below ~$34.9B est., and net income down 27% YoY to ~$3.4B, after aggressive promotions failed to drive spending
- Net income dived 27% as spending on promotions ballooned — Commerce shrank in a worrying sign for Chinese consumption
2019-08-22
TechCrunch
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Drop, which scans users' credit card purchases and offers personalized rewards, raises $44M Series B led by HOF Capital
Commerce and marketing are radically changing these days. Consumers are increasingly looking for brands they identify with, while at the same time …
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