EssilorLuxottica's stock jumps 10%+ after it reported Q3 revenue up 11.7% YoY to €6.9B, with wearables like the Ray-Ban Meta contributing 4+ percentage points
and Sales Prove It Gianluca Lo Nostro / Reuters : EssilorLuxottica hits record high after Meta AI glasses help drive sales beat Naomi Li Gan / Tech in Asia : EssilorLuxottica Q3 revenue ups 11.7% as M...
Patreon says 30,000+ creators signed up in the first three weeks of March; average new patron growth in 6 countries, including US and Italy, was 36.2% over Feb.
> https://blog.patreon.com/... @om : I would love if @gofundme would be decent enough to donate all the commissions on the COVID-19 related donations to the charities. https://twitter.com/... Rani Mol...
WeWork files to raise $1B in an IPO, reports a $904M net loss on around $1.5B in revenue for first half of 2019
WeWork parent The We Company is about to achieve … Stephen Gandel / CBS News : WeWork IPO filing shows it's losing nearly $5,200 per customer Chris O'Brien / VentureBeat : WeWork IPO filing hypes tran...
Second Measure data: out of all US consumer lodging spending last year, Airbnb made up nearly 20%, up ~30% YoY, eclipsing Hilton and its subsidiaries
Rani Molla / Recode : Tweets: @ranimolla . Thanks: @varun_mathur Tweets: Rani Molla / @ranimolla : American consumers spent more on Airbnb than on Hilton last year. Marriott, the world's largest hote...
Sources: Rakuten, which owns a 13% stake in Lyft, made the investment in 2015 after data from its consumer purchase tracker Slice showed Lyft was undervalued
Ari Levy / CNBC : Tweets: @r0unak , @jonorcutt , @mdudas , @mattrosoff , @ranimolla , and @joshelman Tweets: Rounak Jain / @r0unak : Rakuten invested in Lyft after they found the company was underval...
Lyft S-1: 2018 revenue of $2.2B up 100% YoY, gross bookings of $8.1B from 1B+ rides, loss of $911M, up 32% YoY, 39% market share in the US, up from 22% in 2017
So Are Losses Walter Frick / HBR.org : The Strategy Question at the Center of Lyft's IPO Axios : Lyft files first for IPO in litmus test for the industry Harper Neidig / The Hill : Lyft files to go pu...