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"Online services revenue grew by 17 percent year on year to $662 million for the quarter. Full year revenue was $2.56 billion, up 15 percent. The growth came on
by jdp23 15y ago
"Online services revenue grew by 17 percent year on year to $662 million for the quarter. Full year revenue was $2.56 billion, up 15 percent. The growth came on the back of a 20 percent increase in advertising revenue, primarily driven by search. The division continues to make losses, however, and in spite of the revenue growth, the losses also grew, up 9 percent to $2.55 billion. Profitability for Online Services remains elusive."
Makes GroupOn look like pikers ...
- nivertech 15y agoRevenue ($2.56B) = losses ($2.55B) ?