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Alibaba rival JD.com posts first annual profit as a public company

 When you hear ‘e-commerce in China’ you’ll probably ‘Alibaba,’ but another company is making progress to challenge the assumption that $450-billion company is China’s only online retail giant. JD.com, the nearest e-commerce competitor to Alibaba in China, has reported its first year of profitability as a public company. The Beijing-headquartered company… Read More Source: New […]

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Equity podcast: Spotify’s anti-IPO, Dropbox is going public, Amazon’s $1B doorbell, and more money for DoorDash

 Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. We had the full crew on hand this week with Matthew Lynley, Katie Roof, and myself, along with Mar Hershenson from Pear Ventures who stepped into the guest chair. It was a damn busy week, with news raining down from the skies. We had to […]

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Angry Birds maker Rovio misses Q4 on sales of €73.9M, EPS of €0.10, closes London studio

 Gaming and entertainment company Rovio continues to have a very hard time of it as it faces the music on the waning popularity of its once-might Angry Birds franchise. Today, the Helsinki-based company reported Q4 and full-year financials that fell short of analysts’ most conservative estimates as it blamed lower-than-expected interest in its new slate […]

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