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JD.com tops expectations with 73 percent rise in quarterly revenue

2015-03-03 13:21:31| IT Services - Topix.net

China's JD.com Inc, the biggest e-commerce rival to Alibaba Group Holding Ltd, posted a 73 percent rise in revenue for the three months through December, topping estimates as it expanded sales across more consumer goods categories. Revenue for JD.com's fourth quarter rose to $5.6 billion versus the $5.3 billion average estimate of 13 analysts surveyed by Thomson Reuters.

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Record drop in Macau casino revenue

2015-03-03 11:42:30| BBC News | Business | UK Edition

Revenue in Macau's casinos fell by a record amount last month as China's corruption crackdown continued to hit the region's gambling industry.

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Tinder Takes Swipe at Generating Revenue

2015-03-03 09:56:46| Apparel - Topix.net

Starting today, dating app Tinder will finally be monetizing by offering an optional upgrade to enable users to second guess their most recent swipe. Tinder Monday said it had begun offering Tinder Plus, a premium service that is the dating app's first effort to generate revenue.

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"Shipping is a pleasure" - How Atlantic Logistics is quickly growing its revenue

2015-02-27 22:09:13| Trucking - Topix.net

For third-party logistics provider Atlantic Logistics Inc., the family-owned company based in Jacksonville, there are plenty of opportunities to grow. "How you set yourself apart is to over next-level customer service," CEO Robert Hooper said.

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Belgacom organic revenue up 2.2% in Q4, maintains targets

2015-02-27 10:12:00| Telecompaper Headlines

(Telecompaper) Belgacom reported fourth-quarter reveneus down 4.2 percent to EUR 1.515 billion, hurt in part by divestments. Underlying sales growth was 2.2 percent, to EUR 1.506 billion, the Belgian operator said. Excluding its wholesale unit BICS, which posted sales down 1.5 percent, revenues were up 3.5 percent. Adjusted EBITDA totaled EUR 380 million in the quarter, and capex reached EUR 355 million, excluding EUR 16 million for spectrum licences. Free cash flow totaled EUR 81 million. Belgacom said it reached LTE coverage of 85 percent of the population at year-end and also started on a three-year plan to roll out VDSL vectoring, taking broadband speeds from an average 40 Mbps to 70 Mbps. The operator proposed a dividend of EUR 1.50 per share for the year, of which 50 cents was already paid out as interim. It pledged to pay the same amount for 2015 and 2016. The company finished the year with net debt at 1.05 times EBITDA.

Tags: revenue organic targets maintains

 

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