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As you can see from this slide, in the second quarter 2020, we posted a positive free cash flow of BRL205 million, even considering the drier period of the COVID-19 pandemic. This improvement vis-a-vis Q1 2020 reflects the combination of an EBITDA 12% higher than in Q1 and the maintenance of a stringent financial discipline in terms of capex and the control of...
JD's revenues rose 33.8% to $28.5 billion, compared to expectations of $27.5 billion, as services revenue grew 36.4% and revenue from general merchandise jumped 45.4%. JD is also building out businesses like its marketplace, adding new third-party retailers to JD Mall, and it grew revenue from its third-party logistics business by 54.4% to $2.2 billion. JD...
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RingCentral earnings and revenue for the June quarter topped analyst estimates while fellow business communications software seller Five9 also came in above Wall Street targets, the companies said Monday. But RingCentral dipped after hours on in-line guidance while Five9 stock climbed. RingCentral earnings rose 14% to 24 cents a share from a year earlier while...
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