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Latest News on Revenue

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

WeWork gets new financing of $1.1B from Softbank, revenue up by 9%.

The company is expected to be cashflow positive in 2021.

Alfred LeeAug 15, 2020

TikTok owner, ByteDance, makes $3 billion in profit from $17 billion in revenue last year.

TikTok has been downloaded over 2 billion times globally.

Alfred LeeMay 28, 2020

Alibaba reports strong revenue in Q4 2019

Results for next quarter may decrease due to slowing economy.

Ismawati AsmatFeb 18, 2020

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