Remove 2020 Remove Merchant Services Remove Net Profit
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Analysis: As technology marches on, Asia’s retail property huffs and puffs

Inside Retail

In the last financial reporting year, covering calendar 2020, the world’s top 20 technology companies booked revenues of US$2.1 Where revenues went, profits followed. Those same 20 companies made a net profit of US$320.6 That’s an astonishing 19 per cent profit gain. This represented an increase of US$135.2

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Trillions in revenue and a million jobs: Unpacking JD.com’s 20-year roadmap

Inside Retail

The company’s goals include establishing three enterprises that generate over RMB 1 trillion in revenue and RMB 70 billion in net profits, having five enterprises that rank on the Fortune Global 500 list, and bringing seven publicly listed companies to obtain a market value of RMB 100 billion.

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Swipe fee costs average household more than $1,100

Mass Relators

household more than $1,100 last year, the Merchants Payments Coalition said. Swipe fees amounted to $897 for the average household in 2021 and $724 in 2020. By contrast, net profit for general retail averages only 3 percent. WASHINGTON – Soaring credit and debit card swipe fees cost the average U.S.