Taobao and Tmall Group reported strong online GMV growth and stabilizing market share Alibaba Cloud’s revenue growth accelerated with AI-related product revenue up triple digits YoY August 15, 2024/alizila.com By Elizabeth Utley Alibaba Group reaped the early rewards from multi-pronged investments in its core businesses, the Hangzhou-based holding company reported […]
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International Breweries Plc HI 2024: FX Loss Still a Big Clog in the Wheel
August 15, 2024/CSL Research International Breweries demonstrated a relatively stable performance across key metrics in H1 2024. The company, known for its Trophy Lager, reported a remarkable 92.2% y/y Revenue growth, reaching N223.2bn, up from N116.13bn in the same period of 2023. On a q/q basis, revenue also increased by […]
Bears Sustain Hold as Nigerian Bourse Declines -0.1%, Dragged by OANDO
August 14, 2024/Cordros Report EQUITIES The bears continued to dominate the local bourse as the All-Share Index dipped by 0.1% to close at 97,248.82 points. Today’s market performance was undermined by losses in OANDO (-10.0%). Sequentially, the Month-to-Date and Year-to-Date returns moderated to -0.5% and +30.1%, respectively. The total […]

