GMV

Technology

Klarna reports a ~$1B net loss in 2022, up 47% YoY, and Q4 revenue up 19% YoY to ~$534M, driven by US GMV rising 71% in 2022, as the BNPL industry struggles (Financial Times)

[ad_1] Financial Times: Klarna reports a ~$1B net loss in 2022, up 47% YoY, and Q4 revenue up 19% YoY…

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Technology

Shopify reports Q4 revenue up 26% YoY to $1.73B, vs. $1.65B est., GMV up 13% YoY to $61B, vs. $59.2B est., and forecasts a Q1 2023 revenue growth below est. (Lucy Papachristou/Bloomberg)

[ad_1] Lucy Papachristou / Bloomberg: Shopify reports Q4 revenue up 26% YoY to $1.73B, vs. $1.65B est., GMV up 13%…

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Technology

Douyin has become China's fourth biggest e-commerce company by GMV, as short videos prove ideal as bait for long ads by giving higher purchase conversion rates (Bryce Elder/Financial Times)

[ad_1] Bryce Elder / Financial Times: Douyin has become China’s fourth biggest e-commerce company by GMV, as short videos prove…

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Technology

Shopify reports Q3 revenue rose 22% YoY to $1.4B, above $1.34B estimates, and GMV grew 11% YoY to $46.2B; shares jump 7%+ (Nivedita Balu/Reuters)

[ad_1] Nivedita Balu / Reuters: Shopify reports Q3 revenue rose 22% YoY to $1.4B, above $1.34B estimates, and GMV grew…

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Technology

eBay Q1: revenue down 6% YoY to $2.5B, GMV down 20% YoY to $19.4B, 142M active buyers, down 13%, and Q2 guidance below estimates; stock is down 5%+ after hours (Tiyashi Datta/Reuters)

[ad_1] Tiyashi Datta / Reuters: eBay Q1: revenue down 6% YoY to $2.5B, GMV down 20% YoY to $19.4B, 142M…

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