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Alibaba grows revenues over 60% in Q4, boosted by core commerce, cloud computing

2018-05-07 07:51:00| Telecompaper Headlines

(Telecompaper) Alibaba said it reported solid results for its fiscal fourth quarter to end March, driven by strong growth at its core commerce business and investments made in longer-term growth initiatives. CEO Daniel Zhang said the continuing roll out of the company's New Retail strategy has helped Alibaba's e-commerce platform develop into the leading retail infrastructure of China. During the quarter, the company said it also doubled down on developing its technology, cloud computing, logistics, digital entertainment and local service in order to capture consumption growth in China and other emerging markets.

Tags: core commerce computing cloud

 

Spotify grows to 170 mln users in Q1, revenues up 26%

2018-05-03 08:29:00| Telecompaper Headlines

(Telecompaper) Spotify ended the first quarter with a total of 170 million monthly active users, up 30 percent from a year earlier. Ad-supported users increased 21 percent to 99 million, driven by recent expansion in Asia, and paid subscribers rose 45 percent to 75 million, helped by extended trial periods in certain markets to drive conversion. 

Tags: up users revenues grows

 
 

SVOD makes up 60% of the growth in Europe's pay audiovisual revenues

2018-05-02 16:40:50| Digital TV News

The European Audiovisual Observatorys Key Trends 2017/18 publication gives a practical and handy overview of the film, VOD and television sectors in Europe, covering 41 countries. The Observatory is proud to make this publication free of charge ahead of the Cannes Film Festival.

Tags: makes pay growth revenues

 

Solid iPhone sales boost Apple revenues

2018-05-01 22:46:56| BBC News | Business | UK Edition

The technology giant plans to double its share buyback scheme to $100bn as it returns more cash to the US.

Tags: sales solid apple boost

 

vMVPD and D2C revenues to rocket eightfold

2018-04-30 08:30:54| Digital TV News

vMVPD and D2C revenues will reach $24 billion by 2023 - eight times the $3 billion recorded in 2017, according to Digital TV Research. vMVPD will overshadow D2C with its revenues more than triple the D2C total by 2023.

Tags: revenues rocket eightfold d2c

 

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