29B

Technology

Alibaba reports Q3 revenue up 3% to ~$29B, slightly above estimates, and a surprise ~$2.9B net loss, compared to an expected ~$2.6B profit (Jane Zhang/Bloomberg)

[ad_1] Jane Zhang / Bloomberg: Alibaba reports Q3 revenue up 3% to ~$29B, slightly above estimates, and a surprise ~$2.9B…

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Airbnb Q3: record net income of $1.2B, up 46% YoY, record revenue of $2.9B, up 29% YoY, vs. $2.85 est., and ~100M Nights and Experiences Booked, up 25% YoY (Denny Jacob/Wall Street Journal)

[ad_1] Denny Jacob / Wall Street Journal: Airbnb Q3: record net income of $1.2B, up 46% YoY, record revenue of…

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Singapore-based gaming and e-commerce firm Sea reports Q2 sales rose 29% YoY to $2.9B, its slowest growth in five years, and a $931M net loss; stock drops 14%+ (Bloomberg)

[ad_1] Bloomberg: Singapore-based gaming and e-commerce firm Sea reports Q2 sales rose 29% YoY to $2.9B, its slowest growth in…

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Technology

Nintendo reports Q4 revenue rose 6% YoY to ~$2.9B as profit rose 0.6% YoY to $922M; Switch sales were 4.11M, for 23.1M total; Nintendo will split its stock 10:1 (Bloomberg)

[ad_1] Bloomberg: Nintendo reports Q4 revenue rose 6% YoY to ~$2.9B as profit rose 0.6% YoY to $922M; Switch sales…

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Research: hackers have stolen ~$2.9B in crypto wealth from 37 crypto hacks in 38 weeks since August, which is almost on par with the $3.2B stolen in all of 2021 (Paul Vigna/Wall Street Journal)

[ad_1] Paul Vigna / Wall Street Journal: Research: hackers have stolen ~$2.9B in crypto wealth from 37 crypto hacks in…

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