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Xiaomi revenue growth slows in Q2 as smartphone shipments flat

2019-08-20 13:20:00| Telecompaper Headlines

(Telecompaper) Xiaomi reported a further slowdown in sales growth in the second quarter, hurt by the depressed smartphone market and weaker Chinese economy. Smartphone shipments were little changed year-on-year at 32.1 million units, while higher prices and growth in other devices and services helped total revenues at the company grow 14.5 percent. 

Tags: growth flat revenue smartphone

 

WeWork Shows Revenue Growth, Cash Burn in IPO Filing

2019-08-14 16:32:00| National Real Estate Investor

In its IPO disclosures, WeWork revealed revenue of $1.54 billion and a net loss of $690 million in the first half of 2019.

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Tencent revenue growth improves to 21% in Q2 as more games released

2019-08-14 15:05:00| Telecompaper Headlines

(Telecompaper) Tencent reported second-quarter revenues up 21 percent year-on-year to CNY 88.8 billion (USD 12.9 billion), accelerating growth from 16 percent in the first quarter. Its games business returned to revenue growth of 8 percent, and Tencent also benefitted from expansion in video streaming and payment services, offsetting a lowing ad market. 

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Waste Management Sees Revenue Growth for Q2 2019

2019-07-25 17:35:00| Waste Age

Strength of collection and disposal business drives overall revenue growth of more than 5 percent.

Tags: management growth waste revenue

 

America Movil underlying service revenue growth improves to 2.3% in Q2

2019-07-17 08:37:00| Telecompaper Headlines

(Telecompaper) America Movil said its underlying service revenue growth improved to 2.3 percent in the quarter, from 0.8 percent growth in the Q1. This excludes the effects of the stronger Mexican peso and Argentina, which is subject to hyper-inflation. Stronger mobile revenues, in Mexico, Colombia and the US, as well as continued expansion in fixed broadband drove the underlying growth. 

Tags: service america growth revenue

 

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