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Main » 2022 » May » 13

MUNICH-Thursday 12 May 2022 [ AETOS Wire ]

Gross Merchandise Value (GMV) growth of 13.2% to €186.6 million in Q3 FY22, compared to €164.8 million in Q3 FY21

Top-line strength evident by two-year GMV growth of 67.0% in Q3 FY22 vs. Q3 FY20

LTM growth of active customers of 21.6% in Q3 FY22

Strong Gross Profit growth at 14.4% to €82.8 million in Q3 FY22

Stable profitability levels in Q3 FY22 with €10.2 million in adjusted EBITDA

Strong full fiscal year 2022 expected at the low-end of the given guidance ranges

(BUSINESS WIRE) -- MYT Netherlands Parent B.V. (NYSE: MYTE) (“Mytheresa” or the “Company”), the parent company of Mytheresa Group GmbH, today announced financial results for its third quarter of fiscal year 2022 ended March 31, 2022. The luxury multi-brand digital platform delivered another quarter of solid top-line growth with continued profitability.

Michael Kliger, Chief ... Read more »

Views: 54 | Added by: africa-live | Date: 05.13.2022 | Comments (0)

Delivers Strong Quarterly Revenue and Bookings

Reports Highest Ever Q1 Advertising Revenue and Bookings

Continued Execution Across Multi-Year Growth Strategy

SAN FRANCISCO-Thursday 12 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Zynga Inc. (NASDAQ: ZNGA) today released financial results for the first quarter ended March 31, 2022.

“We started off 2022 with a strong quarterly performance, achieving our highest ever Q1 advertising revenue and bookings led by our hyper-casual portfolio,” said Frank Gibeau, CEO of Zynga. “Through continued execution across all aspects of our multi-year growth strategy including live services, new game development and investments in our advertising platform, new markets and technologies, we are strengthening our position as a leading mobile-first, free-to-play live services company.”

Note: Certain measures as presented differ due to the impact of rounding.

(1) For clarity, a net ... Read more »

Views: 47 | Added by: africa-live | Date: 05.13.2022 | Comments (0)

NEW YORK & BENGALURU, India-Thursday 12 May 2022 [ AETOS Wire ]

doola launches banking product for global founders:

doola helps global entrepreneurs start a US business with support including EIN, US address, bank account, and tax filings.

New banking product supports founders on every continent, with no US SSN required, and no visit to the US required.

US monthly business applications are over 400,000 per month (on track for 5M+ in 2022) and there are 50M+ independent creators globally.

(BUSINESS WIRE) -- doola announced today that they have launched a banking product for global businesses that will allow founders to open a US bank account, remotely, from any continent, with no US Social Security Number required. Founders globally can now register an LLC, DAO LLC, or C Corp through doola, get an EIN (employer identification number) from the IRS with doola, and open a US bank account with doola. It doesn’t stop there: doola also prov ... Read more »

Views: 47 | Added by: africa-live | Date: 05.13.2022 | Comments (0)

ST. GALLEN, Switzerland-Thursday 12 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Regulatory News:

CSL Limited (ASX: CSL; USOTC:CSLLY) yesterday announced an update regarding the Vifor Pharma AG acquisition. CSL has previously advised that it expected to be in a position to close the acquisition of Vifor Pharma AG by June 2022. While some antitrust authorities have approved the transaction, some approvals are still outstanding.

Delays in the regulatory approval process are not unusual. CSL and Vifor Pharma are continuing to work closely with the respective remaining competition authorities in their review of the tender offer. CSL and Vifor Pharma expect to provide an update to shareholders and investors as soon as there is more clarity on the timeline.

An exact closing and settlement date will be communicated once all regulatory approvals have been receiv ... Read more »

Views: 64 | Added by: africa-live | Date: 05.13.2022 | Comments (0)

• 82% of people think the political system needs drastic reform and 70% feel that young people should have more say*

NEW YORK-Thursday 12 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- Millions of young people are missing from public life. With the climate crisis, global conflict and generational inequalities running rampant, the inputs, perspectives and representation of youth are needed more than ever.

Almost half the world's population is under 30. Yet, they make up only 2.6% of parliamentarians around the world**. The average age of a world leader is currently 62***. Of all the parliaments in the world, 37% do not have a single Member of Parliament (MP) under age 30** and less than 1% of these young MPs are women.

Young people have the right to be included in political decisions that affect them, however, numerous barriers prevent their participation. The Body Shop and the Office of the United Nations Secretary-General's Envoy on Youth ar ... Read more »

Views: 53 | Added by: africa-live | Date: 05.13.2022 | Comments (0)

LONDON-Thursday 12 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- In its continuing effort to bring the UEFA Champions League (UCL) experience closer to more football fans around the world, Heineken has staged its most elaborate Trophy Tour in Africa yet. The 10-day tour, which ended on April 13 in Abuja, Nigeria, ahead of the 2022 final match on May 28, included several public events that featured the UCL trophy at major stops in the Democratic Republic of Congo, Mozambique, Ethiopia, and Nigeria. Fans from Rwanda and Congo Brazzaville also attended the tour in Nigeria and DRC respectively.

The events around the tour included open-truck city parades, novelty matches with local celebrities, UCL quarter final match viewings, fan meet and greets, photo sessions, media rounds, Afrobeats concerts, and visits to government ministries in charge of football.

Heineken, sold in 192 countries around the world, has been a sponsor of the UEFA Champions League since 2005 and ... Read more »

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SHENZHEN, China-Thursday 12 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- China’s leading vaping media, Bluehole New Consumption, today publishes an industry comment on Vuse overtaking Juul and becoming the U.S vaping market champion again.

Here below is the full article:

According to Nielsen, for the two weeks ended April 9, 2022, Vuse has surpassed Juul and become No.1 in U.S. e-cigarette sales with a market share of 35 percent, driven by the sale of its flagship product Vuse Alto, which represented over 90% of Vuse revenues in the U.S. in 2021. Being back on top in the U.S market has strengthened Vuse's global leadership.

It is another milestone for Vuse to be the U.S top-selling vaping brand again, since Juul overtook it in 2017. Juul, the emerging brand founded in 2015, had already captured a massive 68% share of the US vaping market within 3 years while Vuse's market share had reduced to 10% from 44.2% in 2016.

In order to tur ... Read more »

Views: 45 | Added by: africa-live | Date: 05.13.2022 | Comments (0)

New policy paper defines continent’s stance ahead of COP27
LAGOS, Nigeria-Thursday 12 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- With hopes for countering global warming pinned on progress at the upcoming COP27 UN Climate Change Conference in Egypt, a new report from the Africa Finance Corporation (AFC), Africa’s leading infrastructure solutions provider, sets out the continent’s stance by balancing the need for emissions reduction with critical development imperatives.

The report, Roadmap to Africa’s COP: A Pragmatic Path to Net Zero, is set within a context where Africa has borne the brunt of the most devastating impacts of climate change, while contributing little to global emissions. This low carbon output reflects Africa’s crippling energy deficit, which has stymied industrialisation and economic development. Africa, therefore, needs a realistic agenda for addressing climate change which allows the region to also continue adva ... Read more »

Views: 48 | Added by: africa-live | Date: 05.13.2022 | Comments (0)

ABUJA, Nigeria-Thursday 12 May 2022 [ AETOS Wire ]

(BUSINESS WIRE) -- In response to economic challenges created by the global pandemic and the Russia-Ukraine conflict, Africa Finance Corporation (AFC) is launching a US$2billion facility to support recovery and resilience in Africa.

AFC has committed to funding up to 50% of the new African Economic Resilience Facility and mobilising the remainder through the Corporation’s network of international partners and investors. The facility will be announced at the AFC Live Infrastructure Solutions Summit today.

The facility will be disbursed through loans from AFC to selected commercial banks, regional development banks and central banks in various African countries, providing them with much needed hard currency liquidity to finance trade and other economic activities in their jurisdictions. These institutions will be able to leverage AFC’s proven access to global funding to receive financing at competit ... Read more »

Views: 43 | Added by: africa-live | Date: 05.13.2022 | Comments (0)

(BUSINESS WIRE) -- Hytera announced the launch of its new PDC680 dual-mode rugged radio. The PDC680 combines a mission-critical DMR radio with an Android-based smartphone in a single device. It harnesses the power of narrowband and broadband technologies to provide mission-critical voice calls, video transmission, and positioning. This dual-mode rugged radio series features Android 10 and advanced hardware performance to optimize the user experience.

The PDC680 is part of Hytera’s dual-mode rugged radio portfolio that is engineered for effortless usability. The ergonomic design on the smart knob and keys and the modular design on Ul’s make it easier for first responders to accomplish tasks with one-hand operations. The radio's IP68 rating (immerse 2m underwater for 4 hours) and ESD IEC Level 4 certifications ensure it operates reliably in extreme environments.

This professional rugged radio is also built to deliver rapid and reliable push-to-talk radi ... Read more »

Views: 45 | Added by: africa-live | Date: 05.13.2022 | Comments (0)

OSAKA, Japan-Thursday 12 May 2022 [ AETOS Wire ]

 

Strong Performance Against FY2021 Management Guidance with Underlying Revenue Growth of +7.4% (Reported Revenue Growth +11.6%) and Strength Across Key Business Areas

Highest Total Number of Approvals for Takeda in a Fiscal Year Across Japan (4 NMEs), China (3 NMEs), the U.S. (2 NMEs), and Europe (1 NME)

Robust Free Cash Flow of JPY 943.7 Billion ($7.8B); Net Debt/Adjusted EBITDA of 2.8x

FY2022 Outlook for Continued Topline and Core EPS Growth; Core Operating Profit Forecast to Reach JPY 1.1 Trillion and Reported Net Profit to Increase +26.9%

(BUSINESS WIRE) -- Takeda ( ... Read more »

Views: 58 | Added by: africa-live | Date: 05.13.2022 | Comments (0)