Berlin-based Grover secures €50 million to make rental commerce lead the circular economy
Grover, a market leader in rental commerce for consumer electronics, announced the completion of a bridge financing round in which...
archiveconsumer electronics
ATRenew Inc. Reports Unaudited Third Quarter 2023 Financial Results
SHANGHAI, Nov. 22, 2023 /PRNewswire/ -- ATRenew Inc. ("ATRenew" or the "Company") (NYSE: RERE), a leading technology-driven pre-owned consumer electronics transactions and services platform in China, today announced its unaudited financial results for the three months ended September 30, 2023. Third Quarter 2023 Highlights Total net revenues grew by 28.4% to RMB3,256.8 million (US$446.4 million) from RMB2,536.0 million in the third quarter of 2022. Loss from operations was RMB28.1 million (US$3.8 million), compared to a loss from operations of RMB110.0 million in the third quarter of 2022. Adjusted income from...
City’s caution over T+1 dashes hopes of Brexit dividend
The government’s search for something that could be claimed as a potential Brexit dividend for the City is, frankly, not...
American Airlines, Moderna, Ford, Citigroup, Apple, and More Stock Market Movers
American Airlines (ticker: AAL) slid 5.7% after cutting guidance, prompted by higher labor costs following its pay agreement with pilots...
How banks can stop regulators’ WhatsApp crackdown
Brad Levy is chief executive of Symphony, a financial markets infrastructure and technology platformThe latest regulatory crackdown on unauthorised WhatsApps provides a...
Not just Nvidia: UBS lists favorably positioned AI stocks across sectors.
With lawmakers bringing a debt-ceiling deal back from the brink over the holiday weekend, Wall Street looks ready to show...
Opinion: 11 predictions for money, technology, stocks and crypto for 2023
Here are some 2023 predictions for financial markets, the economy and stocks. I’ve spent the last year and a half...
Roblox stock sinks after November update shows slowing growth
A man photographs a Roblox banner displayed, to celebrate the company's IPO, on the front facade of the New York...
Companies Focus On Constant-Currency Metrics to Soothe Investors’ Nerves
More U.S. companies are drawing investors’ attention to earnings figures that strip away the negative impact of foreign-currency rates as...
