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Companies rushed to buy imports before Trump's tariffs could take effect, causing a decline in gross domestic product in first quarter ...
Temu’s Q1 net profit fell by 47% to $2.46 billion, and the platform had the slowest revenue growth since Q1 2022.
Gross profit of $12.2 million for Q1 fiscal 2022, representing a decrease of 26% from $16.5 million in the prior year comparative period. Adjusted EBITDA of negative $2.3 million for Q1 fiscal 2022.
Revenue in Q1 has not been this low since 2022 when the company brought in $18.8 billion. First-quarter EV sales rose 11.4% from 2024, while Tesla's sales declined in the same period, according to ...
Klarna brands itself as an AI company and has "streamlined" its workforce by 40% since 2022. Klarna's Q1 results show revenue growth but see a spike in net and credit losses. Buy now, pay later ...
Anarock reports a significant rise in unsold luxury homes in Mumbai, with a 36% yearly increase amidst a challenging market ...