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26/02/2026
Luckin Coffee's net revenue in the fourth quarter was 12.78 billion yuan, a year-on-year increase of 33%.
Latest
2 m ago
eBay (EBAY.O) plans to cut approximately 800 jobs, which accounts for 6% of its full-time staff. The company states that this move is to align its workforce with the company's strategic priorities. eBay will continue to recruit talent in key areas. This job cut comes one week after the company announced the acquisition of the second-hand fashion trading platform Depop for approximately $1.2 billion. Previously, the company also reported strong quarterly performance, with revenue increasing by 15% to $30 billion in the fourth quarter of last year, exceeding analyst expectations. This is the third major job cut the company has made in three years. In early 2024, eBay cut approximately 1,000 jobs, accounting for 9% of its total staff, citing that the growth rate of labor costs exceeded the growth rate of the business. In early 2023, the company laid off approximately 500 employees, accounting for 4% of its staff, due to a decline in consumer spending after the surge in online shopping during the pandemic.
2 m ago
The CEO of Stellantis stated that profitability in the American market will increase this year.
3 m ago
After Zoom Communications Company predicted that first-quarter profits would be lower than expected, the company's stock price fell by 5.4% in pre-market trading.
4 m ago
Senior executives of the ENI Group: We have initiated dialogues with some international traders.
6 m ago
CEO of Royal Bank of Canada: Amid uncertainty about the future of the United States-Mexico-Canada Agreement, loan growth will continue to remain low.
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