— Stitch Fix (NASDAQ: SFIX) reported a breakeven in the first-quarter 2020, vs. $0.06 per share loss expected.
— Net revenue rose 21% $444.8 million, vs. $441 million expected. Active clients improved by 17% to 3.4 million.
— Global Head of Bain’s & Company ’s Digital practice, Elizabeth Spaulding, will become new President, effective January 27, 2020. CFO Paul Yee will step down to pursue other career opportunities.
— SFIX shares were rose 3% during aftermarket hours.
The positive effects of widespread digitalization and e-commerce growth on China’s financial services industry became more pronounced during the pandemic as the movement restrictions drove more retail customers to online
Shares of Activision Blizzard Inc. (NASDAQ: ATVI) were up 1.6% on Thursday. The stock has dropped 14% since the start of the year. The company has been in the news
The emergence of technology-driven financial services is making people think beyond conventional banks when it comes to availing loans and transferring funds. In a move aimed at taking its business