Sales

Research Firm Predicts Less Sales For PlayStation VR Than Previous Forecast

Research Firm Predicts Less Sales For PlayStation VR Than Previous Forecast

Reports by SuperData indicated a downward sales projection for PlayStation VR. Contrary to the high estimated sales the firm released earlier this year, the projected units that would be sold by the end of this year dropped to 750,000.

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https://www.thestar.com/business/2016/12/02/home-prices-in-toronto-region-up-23-per-cent-in-november-over-last-year.html

Cost Of Homes In Toronto Region Rises 23% In November

The Toronto Real Estate Board released sales statistics that show an increase of 23% year-over-year on home prices in November. The Toronto region has experienced strong price gain, and TREB has urged the government to launch initiatives focused on alleviating the lack of supply.

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DocSend

Documents Analytics Startup DocSend Secured $8 Million in Series A to Enhance Documents Sharing

DocSend received a new investment round totaling in $8 million to enhance its service on documents sharing and documents analytics. The startup has been focusing in documents as the core of most business deals.

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SKOREA-SAMSUNG-EARNINGS

Samsung Estimated Strong Profit Growth in First Quarter

The Korean electronic giant predicted a high increase of profit in its earning guidance. Successful sales of Galaxy 7 flagship product is the main contributor for the profit growth.

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Retailers Offer Deep Discounts On Annual Black Friday Shopping Day

Clothing and Accessories Emerged as The Biggest Category in E-Commerce, Outpacing Computer Hardware Sector

Clothing and accessories sector is outpacing other sectors in e-commerce sales. Some factors, including better shipping and return policies and changes in mobile uses, are encouraging more people to make more small purchases online.

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m2 Quality for Young

China OEM Meizu Unveiled Its Long-Awaited m3 note

Meizu already unveiled its newest model m3 note. The Chinese OEM is keeping its concept of quality devices with affordable prices, which makes the brand popular in China’s market.

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Apple And Samsung Agree To End Legal Disputes Outside The US

Samsung Taking Over India’s Smartphone Market With New Features, Outpacing Apple

Samsung is establishing itself as India’s number one smartphone manufacturer. The company credits strong sales for its new series of mid-tier products with new special features.

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INDIAN TONIC WATER

Fever-Tree Founders Sold £18 Million of Shares Due to Demands From Investors

Fever-Tree founders have reportedly sold their shares worth £18 million in total as a result of demands by investors. However, they claim to still be sticking with the business and still have the majority of their shares.

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Tesla Debuts Its New Crossover SUV Model, Tesla X

Tesla Missed Q1 Deliveries Target Due To Parts Shortages of Model X

Tesla announced parts shortage as the factor that caused the company to miss its initial sales target for the first quarter of 2016. The company, however, retains its guideline for the full year as it already solved the root of the problem accordingly.

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Samsonite Closes Denver Plant

Samsonite Sales Reach Record at £1.6 billion With £136 million Profit as China Sales Soar

Samsonite saw strong sales in Asia, particularly China, in 2015. The company is not sure about 2016 outlook due to potential challenges, as it moves forward to boost presence in Asian markets.

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2007 Xian Autumn Real Estate Trade Fair

China's Real Estate Sector Contributes to The Country's Economy Amid Weak Exports and Economic Slowdown

China’s property market keeps on growing even amid the country’s economic slowdown and weak exports. The surge in the real estate sector is contributing positively to the country’s economy as a new economic driver.

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Exterior Photo of Honda 2008 FCX Clarity

Honda Begins the Sale of the World’s First Five-Seater Fuel Cell Car in Japan

The sales of Honda’s first five-seater fuel cell vehicle has began in Japan, and the Clarity Fuel Cell is planned to enter the European and U.S. market later this year. The new fuel cell car is seeing some performance improvement and only takes three minutes to refuel its compact fuel cell stacks.

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Sen. Charles Schumer Opens Google's New Offices In New York City

Silicon Valley Startups Are Buying Fewer High-End Bikes as Bonuses as They Seek to Cut Expenses

Bikes maker Palo Alto Bicycles, which Silicon Valley startups have often contacted to purchase high-end custom bikes for their employees, have confirmed a decline in sales. The declining sales are likely to be an indicator that startups are being more careful in spending money as investors got tighter in demanding profitability.

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On the Road 50 Years Later

Black Bear Diner Secured an Investment From PWP Growth Equity, Aims to Expand Business

Black Bear Diner had secured an investment from private equity fund PWP Growth Equity. The financial backing will be allocated to expand growth and coverage in new and existing markets. The restaurant plans to add new locations and grow to 155 restaurants in the U.S while retaining its unique concept.

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Apple Reports Quarterly Earnings

Apple to Increase Investments in India to Pick Up Slow Sales in China

Apple Inc is planning to increase investment in India. The company recently indicated that it is eyeing the second largest market in the world for long-term investment opportunities.

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