Proof that online advertising spending has remained resilient throughout the wider economic downturn came today when Google announced its latest batch of financial results. The search giant registered a year-on-year revenue rise of 23 per cent, with revenue of US$6.77billion … Continue reading
Tag Archives: Company Results
eBay boss pockets 58 per cent pay drop amid disquiet about site alienating sellers
eBay customers have vented their anger at the company’s Chief Executive, despite the company revealing that his and other top executives’ pay fell sharply in 2009. As a result of the e-commerce company issuing smaller stock and option bonuses, John … Continue reading
Strong growth helps Virgin Media beat forecasts
Virgin Media is promising to offer its customers the fastest commercially available broadband network in the UK by the end of 2010. It announced plans to roll out a 100Mb broadband service across parts of the UK in February as … Continue reading
ASOS figures show clothing is enjoying online sales boom
Another high street staple, the clothes store, is having its dominance whittled away by the growth in e-commerce, if the latest sales figures from online retailer ASOS are anything to go by. The company announced a 47 per cent growth … Continue reading
Phoenix helps Baidu profits soar 41 per cent
Leading Chinese language Internet search provider Baidu posted profits of US$76.4million in the third quarter of 2009, 41.6 per cent up on the same period 12 months previously. The figures also revealed that Baidu is achieving a considerable proportion of … Continue reading
