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Match Q2: revenue of $864M, flat YoY, net earnings of $125.5M, down from $133.3M YoY, and provides a Q3 forecast beating estimates; MTCH jumps 11% after hours (Natalie Lung/Bloomberg)

Natalie Lung / Bloomberg : Match Q2: revenue of $864M, flat YoY, net earnings of $125.5M, down from $133.3M YoY, and provides a Q3 foreca...

1 January 2025

Alibaba sells Sun Art Retail stake to PE firm DCP for ~$1.6B, after paying ~$3.6B in 2020 to double the stake to 70%+, as it focuses on its core online business (Bloomberg)

Bloomberg:
Alibaba sells Sun Art Retail stake to PE firm DCP for ~$1.6B, after paying ~$3.6B in 2020 to double the stake to 70%+, as it focuses on its core online business  —  - Sun Art had attracted interest from other private equity firms … China's e-commerce pioneer said it could receive gross proceeds …

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