What’s going on? PayPal (US payment platform) announced that it would buy Paidy (Japanese buy-now-pay-late with 6m users) for $2.7b. What does this mean? PayPal started offering its own buy-now-pay-later service in 2020, through which customers have made $3.5b worth of purchases. This deal comes as part of Paypal’s longer-term plan to push further into the…
Tag: online
Ep 155: Disney’s beautiful quarterly result and the streaming & outdoor services outlook
What’s going on? Disney announced stronger-than-expected 2Q/2021 earnings. What does this mean? Disney’s theme parks, experiences, and products segment speaks have been the main drivers that return profitability to Disney for the first time since the pandemic began. Most of the segment’s profit came from people buying merchandise. As Disneylands is getting busier again, it…
Ep 147: JD.com’s glow and China’s digital future
What’s going on? Online retail giant JD.com reported better-than-expected results, after China proved it’s leaning into a digital future. What does that mean? JD.com’s been making the most of the pandemic, reporting an expectation-beating 31% sales jump in Q4/2020. While in-house delivery is what sets JD apart from Alibaba (which relies on 3rd-party couriers), investors are…
Ep 137: Walmart’s worse-than-expected earnings
What’s going on? Walmart reported worse-than-expected earnings, driving its shares to fall by their biggest one-day drop in almost a year. What does that mean? With groceries, cleaning products, and plenty of other lockdown essentials, Walmart’s been a one-stop shop for Americans throughout the pandemic; especially when fresh government checks encouraged shoppers to buy last quarter….
with HT 