Baidu’s Q2 Revenue Increased 27%, Backed by Cloud Business
Baidu Inc. reported its core revenue in the second quarter rose by 27% from last year, driven by a 71% increase of AI cloud services, according to...
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NIO Posts Record-High Quarterly Delivery of 21,896 Vehicles, Net Loss Drops 50%
NIO Inc., a leading company in the electric vehicle market in China, posted a 111.9% increase in deliveries of vehicles in Q2 this year, according to a...
eBay Posts 14% Jump in Revenue to $2.7 Billion as Operating Margin Drops
eBay Inc’s second-quarter revenue was $2.7 billion, up 14% on a reported basis and up 11% on a foreign exchange basis, according to a report by eBay...
South Korean eCommerce Giant Coupang Posts Q2 Revenue Growth of 71%
Coupang Inc. posted $4.5 billion in second-quarter revenue, a 71% year-over-year increase, according to a report by Coupang on Wednesday. Active customers increased by 26% to 17...
GBPUSD Price Forecast: Look Out for Sideways Price Action
The Fed is likely to delay tapering following a favorable July CPI. GBP remains resilient against the USD amidst a spike in cases of Covid-19 delta variant in...
Chinese Insurance Watchdog to Intensify Crackdown on Online Insurance Platforms
China’s insurance regulator is stepping up scrutiny of the insurance technology firms widening a crackdown, according to a report by Bloomberg on Wednesday. The watchdog ordered companies...
