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Vipshop to Announce Third Quarter 2025 Financial Results on November 20, 2025
Prnewswire· 2025-11-10 10:00
GUANGZHOU, China, Nov. 10, 2025 /PRNewswire/ --Â Vipshop Holdings Limited (NYSE: VIPS), a leading online discount retailer for brands in China ("Vipshop" or the "Company"), today announced that it plans to release its third quarter 2025 financial results on Thursday, November 20, 2025, before the US market open. The Company will hold a conference call on Thursday, November 20, 2025 at 7:00 am US Eastern Time, 8:00 pm Beijing Time to discuss the financial results. All participants wishing to join the confere ...
Boqii Holding Ltd. Announces $4.2 Million Registered Direct Offering
Prnewswire· 2025-11-03 17:36
Accessibility StatementSkip Navigation SHANGHAI, Nov. 3, 2025 /PRNewswire/ -- Boqii Holding Ltd. (NYSE: BQ) (the "Company"), today announced that it has entered into a definitive agreement with certain investors for the purchase and sale of an aggregate of 1,500,000 of the Company's Class A ordinary share, par value $0.16 per share (the "Shares") (or pre-funded warrants in lieu thereof) at a purchase price of $2.80 per share in a registered direct offering. The purchase price for the pre-funded warrants is ...
eBay Inc. Reports Third Quarter 2025 Results
Prnewswire· 2025-10-29 20:05
Accessibility StatementSkip Navigation SAN JOSE, Calif., Oct. 29, 2025 /PRNewswire/ -- eBay Inc. (Nasdaq: EBAY), a global commerce leader that connects millions of buyers and sellers around the world, today reported financial results for its third quarter ended September 30, 2025. "Q3 was another strong quarter for eBay, reflecting continued momentum across our marketplace and disciplined execution of our strategy," said Jamie Iannone, Chief Executive Officer of eBay. "We're transforming the eBay experienc ...
NuORDER by Lightspeed Extends Partnership with Nordstrom as Retailer Invests in Data-Driven Wholesale Strategies
Businesswire· 2025-10-29 11:05
Core Insights - NuORDER by Lightspeed is expanding its partnership with Nordstrom to enhance data-driven wholesale strategies, aiming to improve merchandise assortment and customer experience [1][2][3] Company Overview - NuORDER by Lightspeed is a leading B2B commerce platform that facilitates wholesale buying and selling, currently serving over 4,000 brands and more than 100,000 vetted retailers [4] - Lightspeed, the parent company of NuORDER, operates in over 100 countries, providing a comprehensive POS and payments platform for retail and hospitality businesses [5][6] Partnership Details - The partnership will involve creating a universal catalog of product data, which will streamline operations for Nordstrom by reducing manual processes and accelerating buying cycles [2][3] - NuORDER currently collects over 50 data points per item, and plans to increase data capture to support AI-driven forecasting and personalized product recommendations [2][3] Industry Impact - The integration of AI in retail is highlighted as a transformative force, enabling personalized recommendations and faster product availability, which are crucial for retail success [3] - The collaboration aims to unlock richer and broader data capabilities, enhancing decision-making processes for Nordstrom [3]
Etsy, Inc. Reports Third Quarter 2025 Results
Prnewswire· 2025-10-29 11:00
Core Insights - Etsy's third quarter consolidated results exceeded expectations across key financial metrics, with Gross Merchandise Sales (GMS) for Etsy and Depop showing year-over-year growth [2][5] - The Etsy marketplace's GMS improved sequentially, driven by customer-centric strategies and enhanced AI-powered features [2][5] - Depop continued to gain traction in the U.S. resale clothing market, contributing to overall GMS growth [2][5] Financial Performance - Third quarter consolidated GMS was $2.7 billion, up 0.9% year-over-year excluding Reverb, with Etsy marketplace GMS improving approximately 300 basis points sequentially [5][7] - Revenue for the third quarter was $678 million, reflecting a 2.4% increase year-over-year, while the revenue take rate increased to 24.9% [6][7] - Adjusted EBITDA was $172 million, representing a consolidated margin of 25.4%, with Etsy marketplace margin just shy of 30% [5][7] User Metrics - Active sellers totaled 5.5 million, a 10.9% year-over-year decrease, while active buyers were 86.6 million, down 5.0% year-over-year [7][8] - GMS per active buyer on a trailing twelve-month basis was $121, down 1.6% year-over-year, but improved sequentially [7][8] - Depop saw significant growth with active sellers increasing by 40.8% year-over-year to 3.0 million and active buyers up 38.8% to 6.6 million [7][8] Strategic Initiatives - Etsy signed a partnership with OpenAI to allow U.S. ChatGPT users to discover and purchase items directly from Etsy sellers [7] - Key initiatives included improving search ranking models, launching new seller tools, and enhancing the Etsy App for a more personalized shopping experience [7][8] - Depop launched its largest brand campaign in September and introduced a new in-app styling feature [7][8] Fourth Quarter Guidance - For the fourth quarter of 2025, Etsy expects GMS to be between $3.5 billion and $3.65 billion, with an adjusted EBITDA margin around 24% [10][11] - The guidance reflects stable profitability for the Etsy marketplace and increased brand marketing investment at Depop [10][11]
Etsy Announces Leadership Transition: Kruti Patel Goyal to become Chief Executive Officer, Josh Silverman Transitions to Executive Chair, effective January 1, 2026
Prnewswire· 2025-10-29 10:58
Leadership Transition - Etsy, Inc. announced a leadership transition plan where Kruti Patel Goyal will become the new CEO effective January 1, 2026, succeeding Josh Silverman who will step down on December 31, 2025 [1][2] - Josh Silverman will serve as Executive Chair until December 31, 2026, to ensure continuity during the transition [1] - Fred Wilson, the current Chair of Etsy's Board since 2017, will step down as Chairman but will remain on the Board [1] Performance and Growth - Under Josh Silverman's leadership, Etsy has seen significant growth: the number of shoppers has more than tripled, Gross Merchandise Sales (GMS) has grown fourfold, revenue has increased nearly eightfold, and the share price has appreciated by more than seven times [2] - Kruti Patel Goyal has been instrumental in leading Etsy's strategic growth initiatives over the past year, which have improved top-line performance [2] Kruti Patel Goyal's Background - Kruti Patel Goyal has extensive experience, having served as Etsy's President and Chief Growth Officer, overseeing various departments including Product, Engineering, and Marketing [3] - Prior to her role at Etsy, she was the CEO of Depop, where she nearly doubled gross merchandise sales and buyer base, making it the fastest-growing online apparel resale marketplace in the U.S. [4] - Kruti has over 10 years of experience at Etsy in various leadership roles, including Chief Product Officer and head of Marketplace Integrity and Trust & Safety [5]
Domaine Worldwide and Shopify Launch Enterprise Platform Migration Initiative Across Europe
Businesswire· 2025-10-29 09:00
Core Insights - Domaine Worldwide and Shopify have launched a European Platform Migrations initiative aimed at enterprise-level brands seeking to migrate to Shopify's infrastructure, enhancing their commerce capabilities [1][2][5] Group 1: Strategic Importance of Migration - For enterprise retailers, migrating platforms has evolved from a technical decision to a strategic imperative, essential for modernizing legacy systems and achieving long-term growth [2][3] - The partnership emphasizes the combination of Domaine's migration expertise and Shopify's flexibility, providing a seamless transition to improved performance and agility [2][3] Group 2: Proven Success and Case Studies - The partnership has demonstrated measurable success with global brands such as Creed, which saw a 22.1% increase in Average Order Value, and Laura Mercier, which achieved a 38% increase in Average Order Value post-migration [6] - Case studies from luxury and beauty brands illustrate the transformative potential of migrating to Shopify's ecosystem, supported by Domaine's expertise [4] Group 3: Addressing Market Gaps - Enterprise brands in Europe have faced challenges in finding suitable partners for large-scale migrations, often relying on generalists or costly consultancies; Domaine's Shopify-only focus addresses this gap [5] - Domaine boasts the largest global team of Shopify subject matter experts outside of Shopify, specializing in complex enterprise migrations [5][9] Group 4: Educational Campaign - The initiative aims to educate senior decision-makers on the strategic and operational benefits of Shopify for enterprise commerce, highlighting how Domaine simplifies the migration process [7] - The message conveyed is that if current platforms hinder growth, Shopify, supported by Domaine, is a proven solution for successful migration [7] Group 5: Company Overview - Domaine Worldwide has over 300 Shopify experts globally, with a dedicated European team across multiple countries, enhancing its local expertise following the acquisition of Code, a respected Shopify Plus agency [8] - This combination of regional understanding and global capability positions Domaine to support complex migrations and digital growth projects effectively [9]
Sea Limited to Report Third Quarter 2025 Results
Businesswire· 2025-10-28 08:45
Core Insights - Sea Limited plans to announce its third quarter 2025 results on November 11, 2025, before the U.S. market opens [1] - The company will host a conference call to discuss these results, with a live webcast available on its website [1] Company Overview - Sea Limited, founded in Singapore in 2009, is a leading global consumer internet company [2] - The company operates three core businesses: Garena (digital entertainment), Shopee (e-commerce), and Monee (digital financial services) [2] - Garena is recognized as a leading global online games developer and publisher [2] - Shopee is the largest pan-regional e-commerce platform in Southeast Asia and Taiwan, with a significant presence in Latin America [2] - Monee is a prominent digital financial services provider in Southeast Asia, expanding its footprint in Brazil [2]
Instacart to Report Third Quarter 2025 Financial Results on November 10, 2025
Prnewswire· 2025-10-16 13:15
Core Points - Instacart will report its Q3 2025 financial results on November 10, 2025, before market open [1] - A conference call to discuss the results will be held at 5:00 a.m. Pacific Time on the same day [2] - Instacart's Investor Relations website will be the primary platform for disclosing material nonpublic information [3] Company Overview - Instacart is a leading grocery technology company in North America, partnering with over 1,800 retail banners to facilitate online shopping and delivery services from nearly 100,000 stores [4] - The company enables approximately 600,000 shoppers to earn income through flexible order picking, packing, and delivery [4] - Instacart offers a suite of technology products and services to retailers, enhancing e-commerce experiences and providing advertising services [4]
Etsy to Announce Third Quarter 2025 Financial Results on October 29, 2025
Prnewswire· 2025-10-15 20:05
Core Insights - Etsy, Inc. plans to release its third quarter 2025 financial results on October 29, 2025, before market opening [1] - A video webcast conference call will be held at 8:30 a.m. Eastern Time on the same day to discuss the results, allowing publishing research analysts to ask questions [2] - A replay of the webcast will be available starting at 12:00 p.m. Eastern Time on the same day for at least three months [3] Company Overview - Etsy operates two-sided online marketplaces connecting millions of buyers and sellers globally, with a mission to "Keep Commerce Human" [4] - The primary marketplace, Etsy.com, is known for unique and creative goods, providing tools and services to sellers [4] - Etsy also owns the fashion resale marketplace Depop, with both marketplaces operating independently while sharing expertise [5] Investor Relations - Etsy utilizes its Investor Relations website and the Etsy News Blog for disclosing material non-public information and compliance with Regulation FD [6] - Key contacts for investor and media relations are provided for further inquiries [6]