profits

The RealReal Looks to Consign Its Way to Near-Term Profitability 
The RealReal Looks to Consign Its Way to Near-Term Profitability 
March 01, 2023  |  Retail

With its stock trading at about $1.35 per share — after falling over 90% in the past two years — it could be argued there’s...

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Sezzle CEO: FinTech Path to Profitability Starts With Being Your Own Worst Critic
Sezzle CEO: FinTech Path to Profitability Starts With Being Your Own Worst Critic
February 01, 2023  |  Fintech Investments

If Sezzle CEO Charlie Youakim had to write a book about the FinTech bubble that burst in 2022, he’d call it “Crazy Money.” That nugget...

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300 Merchants Share Best Practices on Resolving Costly Credit Card Disputes
300 Merchants Share Best Practices on Resolving Costly Credit Card Disputes
July 14, 2022  |  Fraud Prevention

Credit card transaction volume during the past two years has presented something of a model of the rest of the economy since the pandemic began...

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FDIC: US Banks See Chargebacks Soar, Profits Tank Due To Pandemic
FDIC: US Banks See Chargebacks Soar, Profits Tank Due To Pandemic
June 17, 2020  |  Bank Regulation

U.S. bank profits took a hit of 69.6 percent in profits in the first quarter of the year compared to the same time last year,...

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Amazon To Use Expected $4B In Q2 Profits On COVID-19 Expenses
Amazon To Use Expected $4B In Q2 Profits On COVID-19 Expenses
April 30, 2020  |  Coronavirus

Amazon.com Inc. said it expects to spend its anticipated $4 billion second-quarter profits on coronavirus-related expenses, according to the company’s filing with the Securities and Exchange Commission...

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Uber Expects Revenue Plunge As It Retracts 2020 Guidance 
Uber Expects Revenue Plunge As It Retracts 2020 Guidance 
April 17, 2020  |  Ridesharing

The ongoing coronavirus pandemic has caused Uber to withdraw its 2020 guidance as it anticipates a $1.9-$2.2 billion impairment charge and $17-22 million in first-quarter...

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Apple Eases Streaming App Commissions
Apple Eases Streaming App Commissions
April 02, 2020  |  Apple

Apple has announced it will end its practice of taking a cut of streaming revenue from Amazon’s Prime Video and other such platforms for some...

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The RealReal Tops $1B In GMV In 2019
The RealReal Tops $1B In GMV In 2019
February 26, 2020  |  Earnings

As its gross merchandise volume (GMV) topped $1 billion for 2019, The RealReal Inc. reported a contribution profit per order of $19.72 and buyer acquisition cost (BAC)...

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eScooter Startup Lime Exits 12 Markets, Fires 14 Pct. Of Staff
eScooter Startup Lime Exits 12 Markets, Fires 14 Pct. Of Staff
January 10, 2020  |  Gig Economy

Lime is striving to reach profitability in 2020 and is laying off about 14 percent of its workforce — roughly 100 people — and ceasing...

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