Tencent, China’s popular online and entertainment company, saw its slowest sales growth since it went public in 2004, as it battled a sputtering economy and tried to revitalize a gaming division that’s seen some setbacks, according to a report by Bloomberg. Get the Full Story...
Amid a trade war between China and the U.S., Alibaba Group Holding Ltd. reported headline numbers that topped the Street, with double-digit growth core commerce operations that accelerated from last quarter’s rate. Get the Full Story Complete the form to unlock this article and enjoy...
Equifax reported a 2 percent year-over-year revenue decline for the first quarter of 2019. It also announced the further costs it will be paying as the Atlanta-based credit reporting agency continues to clean up the mess left by hackers who accessed the data records of more than...
Green Dot Corporation reported financial results for the first quarter of 2019, showing total operating revenues of $340.5 million, a 6 percent increase compared to the first quarter of 2018. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
There was no lift for Lyft from an earnings report that may have been viewed by investors as having been … uneven. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
MoneyGram shares were pummeled in intraday trading on the heels of reporting results that lagged expectations and showed the lingering impact of an ongoing restructuring plan aimed at improving compliance efforts and boosting digital transactions. In terms of headline numbers, the company’s adjusted earnings of...
Western Union missed Wall Street estimates on the top and bottom lines amid currency headwinds and some weakness in a few international payment corridors — but logged double-digit growth in its digital business as the money transfer company saw traction with westernunion.com. Get the Full...
For MercadoLibre, the Argentine eCommerce firm incorporated in the United States, with platforms such as the eponymous mercadolibre.com, there has been payoff in payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Bottomline Technologies on Thursday (May 2) posted a 12 percent year-over-year gain in subscription and transaction revenue for the payment services provider’s fiscal third quarter 2019, which ended March 31. Those revenues hit $75.5 million, according to Bottomline’s latest financial release. Get the Full Story Complete...
