sales
- Business
Global E-com sales to drop by $95 bn in 2022, 1st time in history
New Delhi: In a first, global e-commerce revenues are forecast to shrink this year due to supply chain issues and rising inflation, and industry is expected to generate $3.74 trillion in sales…
- Technology
Tencent fires 5.5K workers as sales down for 1st time since going public
Beijing: Chinese conglomerate Tencent has fired 5,500 employees, after posting a revenue of $19.8 billion in the June quarter, down 3 per cent which is the first decline since going public. China’s…
- Technology
Samsung aims to boost foldables to half of total smartphone sales by 2025
Seoul: Samsung Electronics aims to raise the ratio of foldable phones to half of its total smartphone sales by 2025, a top executive has said, after the tech giant unveiled its latest…
- Automobile
Hyundai Motor targets 5,000-unit sales of Tucson
Chennai: India’s second largest car maker Hyundai Motor India Ltd targets to sell about 5,000 units of its new Tucson model this year, the company said on Wednesday. According to Hyundai Motor…
- Automobile
Tractor industry sales down to 59,586 units in July 2022
Chennai: The Indian tractor industry sold 59,586 units last month down from 80,980 units sold during July 2021, said Tractor Junction, a digital marketplace for tractors and farm equipment. According to Tractor…
- Technology
Alibaba lays off nearly 10K employees amid poor sales
Beijing: Chinese tech conglomerate Alibaba has bid goodbye to nearly 10,000 employees in an effort to cut expenses amid sluggish sales and slowing economy in the country, the media reported on Saturday.…
- Technology
Qualcomm sales up 37%, mobile biz crosses $6 bn riding on Snapdragon chips
New Delhi: Chip-maker Qualcomm has reported a 37 per cent rise in its revenue in the June quarter despite challenging macro-economic environment, announcing the extension of its patent license agreement with Samsung…
- Technology
OPPO Reno8 5G, Enco X2, Pad Air tab now on sale in India
New Delhi: The new OPPO Reno8 5G, priced at Rs 29,999, along with Enco X2 and Pad Air tablet went on sale on Flipkart, OPPO Store and across mainline retail outlets in…
- Technology
Samsung leads global DRAM chip market despite sales drop
Seoul: Samsung Electronics, the world’s top memory chip maker, saw its DRAM sales fall in the first three months of the year for a second quarter on weaker prices and other negatives,…
- India
Myntra’s ‘end of reason sale’ to start from June 11
Bengaluru: E-commerce platform Myntra on Monday announced that the 16th edition of its flagship ‘End Of Reason Sale (EORS)’ is scheduled to be held between June 11 and 16. The six-day fashion…
- Business
Venus Remedies registers 9.22 pc growth in sales for FY 2021-22
Chandigarh: Pharma company Venus Remedies on Saturday said it has registered a 9.22 per cent increase in annual sales in 2021-22 in comparison to sales in 2020-21. “Aided by concerted efforts to…
- Technology
Lenovo India logs $2.2 bn in sales with 38% YoY growth
New Delhi: Global technology brand Lenovo Group on Thursday reported record fiscal year results, with historic highs on both profit and revenue fronts, as its India business reached record high. The total…
- Technology
Sony sells over 19 mn units of PlayStation 5
Tokyo: Japanese tech giant Sony said that it has sold just 2 million PlayStation 5 (PS5) units in the fourth quarter of 2021, bringing its overall total to 19.3 million. According to…
- Technology
NFT sales plummet 92%, several art owners lose money
New Delhi: In what could dampen the mood of crypto lovers, sales of non-fungible tokens (NFTs) have fallen a massive 92 per cent since September last year, shows data from popular website…
- Automobile
Hyundai, Kia report poor April sales amid chip shortage
Seoul: Hyundai Motor and its affiliate Kia said on Monday their vehicle sales continued to fall last month due to the impact of the global chip shortage on vehicle production. Hyundai Motor’s…