Bumble to lay off 30% of global workforce as dating apps struggle
Bumble (BMBL.O) said on Wednesday it would lay off nearly a third of its workforce, the latest cuts in a dating app industry striving to…
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Temu-owner PDD Holdings profit dives as it faces challenges at home and abroad
Chinese e-commerce firm PDD Holdings (PDD.O) saw first-quarter net profit fall 47% to 14.74 billion yuan ($2.05 billion)…
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Under Armour to hike prices amid tariff woes after quarterly revenue beat
Sportswear maker Under Armour (UAA.N) said on Tuesday it plans to raise prices on some of its products to cushion a hit from…
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Bumble reassures investors as first-quarter revenue meets expectations
Bumble (BMBL.O) reported a more than 7% fall in first-quarter revenue on Wednesday, but met Wall Street estimates…
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Temu-owner PDD Holdings’ revenues hit by intense China competition and challenges abroad
PDD Holdings (PDD.O), which operates e-commerce platforms Pinduoduo and Temu, missed market estimates…
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Adobe’s dull forecast raises AI monetization doubts, shares fall
Adobe (ADBE.O), forecast second-quarter revenue in line with Wall Street expectations on Wednesday, as it grapples…
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China’s JD.com tops revenue estimate on robust demand, government stimulus lift
Chinese e-commerce giant JD.com (9618.HK), posted its strongest revenue growth in 11 quarters on Thursday…
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Salesforce sees annual results below estimates as Agentforce adoption lags
Business software provider Salesforce (CRM.N) forecast fiscal 2026 revenue below Wall Street expectations on Wednesday…
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Match names new CEO amid slowing user engagement, issues dour annual forecast
Match Group (MTCH.O) said on Tuesday it has appointed Spencer Rascoff as its new chief executive officer…
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Hoka shoemaker’s forecast disappoints after solid holiday quarter, trips shares
Deckers Outdoor’s (DECK.N) annual sales forecast raise fell short of investors’ lofty expectations following a strong….
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