revenue

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    Infinite revenue multiples

    Welcome to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here.Today is Christmas Day, so I don’t know precisely how many of you are actually here. Hello to...
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    In 2021, 906 developers are projected to pass $1M annual revenue for the first time on Apple's App Store and Google Play, vs. 475 in 2016 and 1,003 in

    Stephanie Chan / Sensor Tower Blog: In 2021, 906 developers are projected to pass $1M annual revenue for the first time on Apple's App Store and Google Play, vs. 475 in 2016 and 1,003 in 2020 — As global consumer spending in mobile apps is projected to again reach new heights in 2021, Sensor...
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    Crypto staking service Figment raises a $110M Series C led by Thoma Bravo at a $1.4B valuation; Figment has $10M in revenue/month with ~$100M projecte

    Tim Copeland / The Block: Crypto staking service Figment raises a $110M Series C led by Thoma Bravo at a $1.4B valuation; Figment has $10M in revenue/month with ~$100M projected for 2021 — Quick Take — Staking provider Figment has raised $110 million at a $1.4 billion valuation.
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    Eight mobile games passed $1B in global revenue on the App Store and Google Play so far in 2021; PUBG Mobile and Honor of Kings led with $2.8B each (C

    Craig Chapple / Sensor Tower Blog: Eight mobile games passed $1B in global revenue on the App Store and Google Play so far in 2021; PUBG Mobile and Honor of Kings led with $2.8B each — A record-breaking eight mobile games including PUBG Mobile from Tencent, Honor of Kings from Tencent, and...
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    Selling my Web Hosting company - $17,000 revenue

    Hi there,I've got a web hosting company based in the US which I'll be selling. I started the company in 2015 and most of the clients ar... | Read the rest of https://www.webhostingtalk.com/showthread.php?t=1863351&goto=newpost
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    Amazon to lower its cut of Alexa skill developer revenue starting in 2022

    Amazon is joining other tech giants by lowering its cut of developer revenue generated by voice apps, known as Alexa skills, which run on Amazon’s smart speakers and other Alexa-powered devices. The company this week announced it would next year reduce its commission from 30% to 20% for Alexa...
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    Mozilla expects to generate more than $500M in revenue this year

    The Mozilla Foundation today released its financial report for 2020. As usual, this gives us a good picture of the organization’s financial health from a year ago, but for the first time this year, Mozilla also provided us with more recent data.It’s no secret that Mozilla recently went through...
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    Salesforce Chief Revenue Officer admits the MuleSoft unit is "going through a bit of a rough patch", amid a wave of high-level departures, sales growt

    Joe Williams / Bloomberg: Salesforce Chief Revenue Officer admits the MuleSoft unit is “going through a bit of a rough patch”, amid a wave of high-level departures, sales growth slowdown — - Unit key to company's future ‘Customer 360’ ambitions — Executive says MuleSoft has hit ‘a bit of a...
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    How optimizing presales productivity can help startups multiply revenue growth

    Freddy Jose Mangum Contributor Freddy Jose Mangum is CEO and co-founder of Hub, provider of a unified presales productivity platform.Today’s high-growth technology companies rely on millions of presales professionals, also known as sales engineers and solution consultants, to explain the...
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    Oracle beats in Q2 with revenue of $10.36B, vs. $10.21B expected and up 6% YoY, cloud services and license support revenue of $7.55B, up 6% YoY; stock

    Jordan Novet / CNBC: Oracle beats in Q2 with revenue of $10.36B, vs. $10.21B expected and up 6% YoY, cloud services and license support revenue of $7.55B, up 6% YoY; stock up 10%+ — - Oracle beat expectations on the top and bottom lines, and quarterly guidance met consensus. — The software...
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    UiPath reports Q3 revenue of $220.8M, vs. estimates of $208.3M and up 50% YoY, ARR of $818.4M, up 58% YoY, and losses of $122.8M, up 73% YoY (Wallace

    Wallace Witkowski / MarketWatch: UiPath reports Q3 revenue of $220.8M, vs. estimates of $208.3M and up 50% YoY, ARR of $818.4M, up 58% YoY, and losses of $122.8M, up 73% YoY — UiPath Inc. shares fell in the extended session Wednesday even as the “software robots” provider's quarterly results...
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    A look at Trump Media & Technology Group, which lacks a product, users, publicly identified executives, and revenue, and its merger with DWAC, valued

    Judd Legum / Popular Information: A look at Trump Media & Technology Group, which lacks a product, users, publicly identified executives, and revenue, and its merger with DWAC, valued at $1.85B — In October, former President Trump announced the creation of a new company, Trump Media &...
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    Stitch Fix reports Q1 revenue of $581M vs $571M est. and cuts its revenue outlook for the fiscal year, citing ongoing supply chain pressures; stock dr

    Lauren Thomas / CNBC: Stitch Fix reports Q1 revenue of $581M vs $571M est. and cuts its revenue outlook for the fiscal year, citing ongoing supply chain pressures; stock drops 15%+ — - Stitch Fix reported a narrower-than-expected fiscal first-quarter loss and beat analysts' sales expectations.
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    MongoDB reports Q3 revenue of $227M, up 50% YoY, a net loss of $81.3M, up from $72.7M YoY, and Atlas cloud database revenue up 84%; stock up 17%+ (Jor

    Jordan Novet / CNBC: MongoDB reports Q3 revenue of $227M, up 50% YoY, a net loss of $81.3M, up from $72.7M YoY, and Atlas cloud database revenue up 84%; stock up 17%+ — - Revenue growth accelerated, including in the fast-growing Atlas cloud service category. — Sales and marketing expenses...
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    GroupM: global ad revenue will reach $763B in 2021, up 18.7% from 2019; Alphabet, Meta, and Amazon control 80-90% of the digital ad market outside Chi

    Alistair Gray / Financial Times: GroupM: global ad revenue will reach $763B in 2021, up 18.7% from 2019; Alphabet, Meta, and Amazon control 80-90% of the digital ad market outside China — Alphabet, Meta and Amazon have doubled their share of ad revenues in past 5 years, industry estimates
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    DocuSign reports Q3 revenue of $545.5M, up 42% YoY, with subscription revenue of $528.6M, up 44%, and 1.11M customers; stock is down 35%+ after weak Q

    Ari Levy / CNBC: DocuSign reports Q3 revenue of $545.5M, up 42% YoY, with subscription revenue of $528.6M, up 44%, and 1.11M customers; stock is down 35%+ after weak Q4 guidance — - DocuSign said it expects fourth-quarter revenue of $557 million to $563 million, trailing the average analyst...
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    Report claims Amazon collects over a third of seller revenue, bringing in $121B in 2021

    A new study claims that Amazon makes far more from fees on its Marketplace platform than even the cash cow known as AWS. The report says that Amazon’s fees for participating effectively on its store have grown to the point where sellers now give the company about 34% of their earnings — and this...
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    Research: Amazon revenue from third-party sellers will reach $121B in 2021, up from $60B in 2019, as seller fees reach 34%, up from 30% in 2018 and 19

    Stacy Mitchell / Institute for Local Self-Reliance: Research: Amazon revenue from third-party sellers will reach $121B in 2021, up from $60B in 2019, as seller fees reach 34%, up from 30% in 2018 and 19% in 2014 — Amazon's dominance of online retail means that small businesses have little...
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    GlobalFoundries reports Q3 net revenue rose 56% YoY to $1.7B as profit reached $5M, up from a $293M loss YoY, in its first post-IPO earnings report (M

    Maria Armental / Wall Street Journal: GlobalFoundries reports Q3 net revenue rose 56% YoY to $1.7B as profit reached $5M, up from a $293M loss YoY, in its first post-IPO earnings report — The financial report was the company's first as a public company, which started trading publicly in October
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    Box reports Q3 revenue of $224M, up 14% YoY, vs. $218.6M est., and billings of $231.5M, up 25% YoY, and a net retention rate of 109%, up from 103% YoY

    Jonathan Greig / ZDNet: Box reports Q3 revenue of $224M, up 14% YoY, vs. $218.6M est., and billings of $231.5M, up 25% YoY, and a net retention rate of 109%, up from 103% YoY — The cloud content management firm's net retention rate came to 109%, up from 106% in Q2. — Cloud content management...