: Boom in online sales during pandemic propels personalized-card company Moonpig to $1.4 billion listing
Investors brace for rush of IPOs as companies look to take advantage of a rebound in the U.K.’s equity capital markets......»»
Target hits another bull’s-eye: Sales up $15 billion during pandemic
Target extended its strong streak through the holiday quarter and sales grew by more than $15 billion, exceeding the company’s annual sales growth over the past 11 years combined. Online sales last year surge.....»»
Coronavirus High In California
Vertical integration is helping boost business for an online cannabis shopping and delivery company as the coronavirus pandemic simultaneously upends supply chains and fuels a boom in marijuana sales. read more.....»»
: Costco’s April sales rise 34%, but online sales slow down
Costco Wholesale Corp. said late Wednesday its April sales rose 34% to $15.21 billion, with online sales slowing down from the early months of pandemic-fueled stockpiling......»»
The Wall Street Journal: Online marketplace StockX valued at $3.8 billion, lets some employees sell shares
The 35% jump in valuation comes ahead of the company’s expected public listing that is likely to happen as soon as the second half of this year, according to people familiar with the company’s plans......»»
IPO Report: Olo, maker of restaurant-ordering tech, prices IPO at $25 a share for valuation above $3 billion
Olo Inc., which makes online-ordering technology for restaurants, is set to go public Wednesday as it seeks to benefit from an on-demand boom that was helped further along by the coronavirus pandemic......»»
2022 is expected to be the first trillion-dollar year for online sales, largely thanks to the COVID-19 pandemic
Adobe predicts online sales this year will hit $850 billion to $930 billion, an increase over a record 2020. Crystal Cox / Business Insider Crystal Cox / Business Insider E-commerce sales h.....»»
Roblox spikes 15% in public trading debut after $44 billion direct listing
Shares of Roblox jumped as much as 15% in a long-awaited public trading debut that left the online gaming company with a $44 billion valuation. The popular Roblox game, "Jailbreak." Roblox Image/JailBreak .....»»
Moonpig (MOON): UK’s Leading Online Card Company
Moonpig Group PLC (LON:MOON) is a leading online greeting card and gifting business, compr.....»»
Lowe"s posts soaring quarterly sales of more than $20 billion as the pandemic home-improvement boom continues
Same-store sales for Lowe's rose 28.1% in the fourth quarter of 2020, beating analysts' estimates. AP Photo/LM Otero Lowe's posted.....»»
Working out from home: coronavirus pandemic powers Under Armour online sales, surprise profit
The company said revenue in its Asia-Pacific market jumped 26%, cushioning a sharp decline in its Europe, Middle East, and Africa (EMEA) market, where several stores have been closed due to a resurgence in COVID-19 cases......»»
PayPal reported its strongest-ever quarterly growth in payment volume in Q4 with $277 billion as the pandemic fueled online transactions
PayPal reported $277 billion in total payment volume in Q4, up 39% from Q4 2019, as the company enjoyed its strongest year in its history in 2020. PayPal CEO Dan Schulman. PayPal; Samantha Le.....»»
As pandemic persists, Match Group sales are powering ahead with online dating demand
Match Group is getting more interest in the online dating community, even as it navigates the pandemic. The Dallas online dating company put up slightly better sales growth in the fourth quarter as subscribers lined up to use its service.....»»
London Markets: Card retailer Moonpig soars 25% after pricing $1.64 billion London IPO
The IPO is the second-largest U.K. listing so far this year after Dr. Martens' stock market debut......»»
Pandemic-driven cleaning routines boost P&G sales forecast again
The company’s shares rose 1% before the opening bell after the Cincinnati-based conglomerate also said it would buy back up to $10 billion worth of shares in fiscal 2021, compared to $7 billion to $9 billion it expected earlier......»»
RV rental platform Outdoorsy says it will hit $1 billion in sales next month after seeing explosive growth during the pandemic
According to Jeff Cavins, cofounder and CEO of Outdoorsy, 44% of all of the business the company has ever had happened last year.....»»
: Busiest month on record for U.K. grocers as Champagne and salmon boost Amazon partner Morrisons
The boom in online grocery sales is global, with more than 60 million U.S. households placing on average 2.8 orders during November, driving a record $8.1 billion in sales......»»
Lyft stock soars as sales near $1 billion, losses decline despite coronavirus pandemic
Lyft Inc.’s bumpy road to profitability is getting rougher during the COVID-19 pandemic, but the company brought in more sales than expected amid the coronavirus spread and shares spiked in late trading Wednesday......»»
Disney earnings plummet more than 90% as coronavirus wipes out more than $1 billion
Walt Disney Co. profit dove more than 90% in the second quarter, an example of the drastic effects on the company from the COVID-19 pandemic, which executives said cost the media giant more than $1 billion in sales just in its theme-parks division......»»
NewsWatch: Disney earnings plummet more than 90% as coronavirus wipes out more than $1 billion
Walt Disney Co. profit dove more than 90% in the second quarter, an example of the drastic effects on the company from the COVID-19 pandemic, which executives said cost the media giant more than $1 billion in sales just in its theme-parks division......»»
Key Words: Amazon’s CEO tells investors ‘you may want to take a seat,’ as he explains why the company will spend ‘entirety’ of $4 billion profit
Amazon unsurprisingly topped expectations for sales, in the era of the COVID-19 pandemic, but it was comments from CEO Jeff Bezos, in his written statement along with the quarterly update, that really drew the focus on Wall Street Thursday evening......»»