channelnews

Australian retail sales have jumped 0.4% in June [seasonally adjusted], beating analysts expectations [0.3%] for the third consecutive month. Following results, the Australian...

GoPro Pledges Profit In Second Half 2018

August 3, 2018

Roma Christian

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Struggling action cam manufacturer, GoPro, has post better-than-expected Q2 results, with revenue jumping 40% to US$283 million, versus US$270 million analysts expected....

BREAKING NEWS: Sonos Slashes IPO, Value Slumps To US$1.5B Questions Now About Their Future

August 2, 2018

David Richards

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As tipped by ChannelNews US based sound Company Sonos has struggled to raise the capital they need to secure their future with...

Facebook Seeks WhatsApp For Revenue Boost

August 2, 2018

Roma Christian

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Facebook has further progressed its monetisation strategy for WhatsApp, with the social media giant set to display business ads, directly linking back...

Amazon Forecast To Hit Wesfarmers Profit

July 31, 2018

Roma Christian

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Morgan Stanley analysts have warned retailers the impact of e-commerce giant, Amazon, on Wesfarmers’ portfolio has been notably “underappreciated”, with Kmart, Target...

Kogan Wins People’s Choice Best Online Retailer

July 27, 2018

Roma Christian

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Kogan.com has received some much welcome news, taking home its second ORIAS People’s Choice Award, following a 12% drop in shares and...

Aus Post To Invest $300M In Parcel Tech

July 25, 2018

Roma Christian

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Australia Post has announced it’s investing $300 million in parcel processing equipment over the next 18 months, as the government-backed company seeks...