Revenue News

WhatsApp to Increase Revenue; Launches Premium Features for Businesses

Meta will also open access to businesses and developers looking to build more advanced chat features

Teckwai Saw6d ago

Grab's Quarterly Revenue Took a Hit; Shares Crashed 37%

Investments on improving incentives for drivers and promotional offers attributed to revenue loss

Teckwai SawMar 04, 2022

Newswav Secured US$1.47 Million in Series A Funding

Strong and consistent revenue performance has been shown in 2021

Wilson TwoonJan 19, 2022

China's Clamping Down Affects Didi's Revenue; Reports US$4.7 Billion Loss

Didi's revenue for July to September dropped 1.7% due to its core mobility business being restricted

Teckwai SawDec 31, 2021

Shopee's revenue grew 160% in Q2; generating $1.2 billion

Shopee is also turning profitable in Malaysia

Kenneth HoAug 18, 2021

China's Trip.com just went public, raising $1.1 billion on the Hong Kong stock market

Trip.com reported a net revenue of $770 million in Q4 2020

Alfred LeeApr 20, 2021

VIU tops video-streaming market in Southeast Asia; grows 63% in revenue

VIU is a Hong Kong-based streaming platform that rose to popularity in recent years.

Faith BaltazarMar 12, 2021

Zoom expects to make $3.7 billion in revenue this fiscal year

Zoom is one of the most frequently used videoconferencing software in the new normal.

Faith BaltazarMar 07, 2021

Bumble dating app is going public; female founder close to becoming a billionaire

Bumble's online dating business generated over $376.6 million in revenue between Jan 29 and Sept 30 last year

Carl AdrianJan 25, 2021

China's overseas gaming revenue crosses $15 billion for the first time

China's domestic games industry generated $42.6 billion in revenues for the same period.

Alfred LeeDec 21, 2020

MaGIC's GAP Cohort 04 just ended; here's what the startups have achieved

Cumulative revenue rose from RM 6.5 million to RM13 million in the 3 months

Carl AdrianDec 01, 2020

Philippines's startup AQWIRE raises $2.1m in Series A round led by Spiral Ventures

The company has been profitable with over $1.7 million in revenue.

Alfred LeeNov 27, 2020

Popular gaming company, Roblox, files for IPO

Revenue has shot up but losses widened too

Alfred LeeNov 23, 2020

China's Tencent grows by 29%; generates $19 billion in revenue for Q3 2020.

The company generated $5.8 billion in profit for the quarter too.

Alfred LeeNov 14, 2020

TikTok and Douyin remain top grossing apps for 7 consecutive months.

The company generated $110 million in revenue in October 2020 alone.

Alfred LeeNov 10, 2020

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