Amazon Q4: revenue up 14% YoY to $170B, net income of $10.6B vs. $0.3B YoY, operating income of $13.2B, and subscription revenue up 14% to $10.5B; AMZN up 5%+
Revenue up 14% to $170.0 billion — Net income up 3433% to $10.6 billion — AWS up 13% — Subscriptions up 14% — Advertising services up 27% — North American sales up 13% — International sale...
Shares of e-commerce startup BigCommerce rose as much as 292% above its $24 IPO Wednesday; stock closed up 201% and raised $216M
Crystal Tse / Bloomberg : Tweets: @delrey , @bigcommerce , @financialreview , @elena_a_leonova , and @mcannonbrookes Tweets: Jason Del Rey / @delrey : BigCommerce, an e-commerce software company, pri...
Amazon reports Q2 revenue of $63.4B, up 20% YoY, net income of $2.6B, up from $2.5B in Q2 2018, and AWS revenue of $8.4B, up from $6.1B in Q2 2018
Amazon.com, Inc. engages in the provision … Tweets: @jeffersongraham : How to account for a $63.4B quarter? Amazon CEO chalks it up to faster delivery. ""Customers are responding to Prime's move to on...
Ahead of its expected IPO, Postmates has raised a $100M investment, which a source says values the company at $1.85B, up from $1.2B in September
Examining Facebook's Strengths and Blind Spots Biz Carson / Forbes : Postmates Adds $100 Million In Funding As Food Delivery Co. Prepares For Potential IPO Kate Clark / TechCrunch : Postmates lines up...
A look at the recent $100M+ acquisitions of direct-to-consumer startups, including MVMT and Native, that raised little to no venture capital
Jason Del Rey / Recode : Tweets: @math_rachel , @sub8u , @stephennellis , @marshallk , @delrey , @lorenpadelford , @laurenthomasx3 , and @shiraovide Tweets: Rachel Thomas / @math_rachel : “I wish Sil...
Warby Parker raises $75M round led by T. Rowe Price, sources say at a valuation of $1.75B
Jason Del Rey / Recode : Tweets: @delrey Tweets: Jason Del Rey / @delrey : Warby's reasoning for not going public yet? It wants to continue to invest in some new initiatives that may not pay immediat...
Sources: popular shopping app Wish is raising around $500M at a valuation between $3.5B and $5B; Temasek, owned by Singapore's government, is a lead investor
Friday, November 4 Riley McDermid / Silicon Valley Business Journal : Shopping app startup aims for $3.5B valuation with new funding Connie Loizos / TechCrunch : Wish is reportedly raising $500 millio...
Amazon.com Announces First Quarter Sales up 28% to $29.1 Billion
it's growing profits Sarah Halzack / Washington Post : Amazon's revenue and profit soar Alex Fitzpatrick / TIME : There's a Massive Company Hidden Inside Amazon Jeremy C. Owens / MarketWatch : Amazon ...
WeWork has raised $430M in new round of financing to fuel a major push into Asia, giving the firm a valuation of about $16B
Over the past few months … Dan Primack / Fortune : WeWork Is Raising $780 Million at a Huge Valuation Ronny Kerr / VatorNews : WeWork picks up another $430M for China expansion Matt Weinberger / Busin...
Jet launches, comparing its prices against Amazon's on 90% of product pages, the remaining 10% will be updated with the feature over the coming months
HOBOKEN, N.J. - Marc Lore's ambition … Leena Rao / Fortune : Online shopping upstart Jet.com takes off to big hopes (and big skepticism) Tweets: Jason Del Rey / @delrey : 2/3 Means one of few things.....