sales
- Technology
Ola Electric aims to raise nearly Rs 5,800 cr via IPO, to file DRHP
New Delhi: Homegrown electric two-wheeler manufacturer Ola Electric aims to raise nearly Rs 5,800 crore through an Initial Public Offering (IPO) and is set to file its Draft Red Herring Prospectus (DRHP)…
- Technology
Swiggy’s food delivery sales up 17% to $1.43 bn in 1st half of FY24: Prosus
New Delhi: Online food delivery platform Swiggy’s investor Prosus, in its financial filing, stated that Swiggy’s core food-delivery business grew 17 per cent and delivered gross merchandise value (GMV) of $1.43 billion…
- Business
Japan rolls out trial sales of ‘morning-after’ Contraceptive Pills: Report
Tokyo: Japan on Tuesday started the trial of over-the-counter sales of morning-after contraceptive pills, according to a media report. The emergency contraception drugs, available without a doctor’s prescription, will be now sold…
- Business
Thanksgiving Day clocks USD 5.6 bn online sales in US
San Francisco: Online sales touched USD 5.6 billion on Thanksgiving Day in the US, an increase of 5.5 percent from last year. According to Adobe Analytics, nearly USD 3.3 billion was spent…
- Technology
Uber logs 11% growth in sales at $9.3 bn in Q3, 27 mn trips per day
San Francisco: Ride-hailing service Uber registered 11 per cent growth in revenue at $9.3 billion for the third quarter (Q3) this year, with a net income of $221 million. Gross bookings grew…
- Technology
Zomato logs Rs 36 cr net profit in Q2, sales up 71% to Rs 2,848 cr
New Delhi: Online food delivery platform Zomato said on Friday that it registered Rs 36 crore as profit after tax (PAT) in the quarter ending September 30, as its revenues surged 71…
- Business
Edtech platform Cuemath’s losses up, sales dips over 18%
New Delhi: Google-backed edtech platform Cuemath’s losses went up by 8.3 per cent to reach Rs 235 crore in FY23, from Rs 217 crore in FY22. The startup’s revenue from operations nosedived…
- Technology
Samsung aims to raise global foldable sales to over 20% of its premium biz
Seoul: This year will mark a major turning point for Samsung Electronics’ smartphone business, with a goal to push up the portion of foldable phones to more than 20 per cent of…
- Technology
LG plans $39.5 bn investment to hit $79 bn in sales by 2030
New Delhi: LG Electronics aims to spend $39.5 billion in research and development, facility and strategic investment as it aims to reach $79 billion in sales by 2030, up from $51.4 billion…
- Technology
BYD sets new sales record in China in June, sells 2.5 lakh units
Hong Kong: China’s BYD sold more than 2.5 lakh electric vehicles in June in China, beating its own record, as the EV market in China stablises, the media reported on Monday. Backed…
- Technology
Microsoft logs slowest quarter growth in 6 years, PC sales nosedive
New Delhi: Microsoft has recorded its slowest sales growth in more than six years in its December quarter of 2022, as it took a $1.2 billion hit after laying off 10,000 people…
- Business
Tesla cuts EV prices in US, Europe amid poor sales, stalled growth
San Francisco: Elon Musk-owned Tesla has drastically lowered prices of EVs across its lineup in the US and Europe, in an effort to boost sales as its stock plummeted more than 60…
- Business
Mercedes-Benz India logs 41 pc growth in sales in 2022
Chennai: Luxury car maker Mercedes-Benz India closed 2022 selling 15,822 cars, logging 41 per cent growth over the previous year. According to the company, it has retained its leading position in the…
- Middle East
Dubai relaxes liquor sale rules, tax scrapped to boost tourism
Jeddah: In an aim to boost the country’s economic and social standing to attract more foreign tourists, the United Arab Emirates further relaxed some rules, which were based on Islamic norms. As…
- Business
EV sales see spike in India, from 48,179 in 2020-21 to 4,42,901 in 2022-23
Delhi: The sales of electric vehicles (EVs) in the country witnessed a surge in the last two years. While 48,179 EVs were sold in 2020-21, the figures increased to 2,37,811 in 2021-22…
