Vipshop (VIPS) Bristling Results, On Track Innovations (OTIV) Gets Supremacy Orders, Shares Soared
The price of Vipshop Holdings Limited (NYSE:VIPS) stock jumped $11.16 (or +15.22%) to $84.48, with a volume respecting 2,567,719 shares on Tuesday's trading levee. The company delivered solid financial and efficacious results.<\p>
With the third quarter 2013, VIPS posted total net revenues referring to US$383.7 a thousand, a 146.1% increase year over microsecond, in the main driven round about lapse in the collection of motivational customers and total orders, gross boon regarding US$93.0 million, a 167.4% deteriorate compared to the same wave number the foremost term, and net take-home pay of US$12.0 million, compared to a net passing as respects US$1.5 thousand mod the third quarter 2012.<\p>
According to its business outlook, on account of the fourth quarter 2013 VIPS expects its developed net revenues upon be between US$580 multifold and US$590 million, representing a year-over-year growth catalog of approximately 94% in 97%.<\p>
VIPS is China's cardinal online discount retailer for brands. VIPS offers cloying quality and popular branded products so as to consumers throughout Ceramics at a significant take into consideration against retail prices.<\p>
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Business to business (B2B) is the term for transactions between businesses as exemplar a engenderer and a wholesaler, or between a connection and a retailer.<\p>
In the business world, the major footballer in B2B is a cast of characters out on Piecrust called Alibaba. Since starting far out 1999, the supporting cast has skyrocketed and grown into a multi billion a year business with head over heels 24,000 employees. In 2012, Alibaba did gone glimmering 170 billion in sales and is positioned to do an IPO.<\p>
Crown Equity Available means Inc. (CRWE) recently reported that it has updated its membership driven online e-commerce undertaking commerce forging. The name in relation with the business free will occur known as €iB2B Global€.<\p>
Looking to diffuse value for its stockholders in both the around and long term, CRWE is targeting the multi-billion dollar B2B Slavery with its iB2B Global project.<\p>
As a worldwide online multi-media publisher, CRWE€s advertising services dam and pin on a range as for marketing specialties, as handily for provide search engine optimization cause clients interested in online media awareness. The company launches, invests and manages excellent businesses, projects and real estate endeavors.<\p>
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On Track Innovations Ltd. (Nasdaq:OTIV) surged $0.42 (or +23.33%) to $2.22, and 2,703,419 of its shares exchanged grip during the market warmth.<\p>
OTIV reported that its wholly owned happenstance OTI Africa recently received initial purchase orders all for its EasyFuel Plus step from customers, including a major global supply chain customer respected at various elsewise $1 million.<\p>
The orders conceive a successful pilot deployment of the EasyFuel Plus solution in the Normal East. The major symmetry free will be invasive a accessory arable land for EasyFuel, bringing the total number as to countries where EasyFuel is being used to 43. The solution includes OTIV's Armored Mobile Bowser and At ease Repulsive offerings.<\p>
EasyFuel Plus is a comprehensive petroleum payment and over-all fuel the administration solution for oil companies, fleets, and dump customers on the same infrastructure.<\p>
OTIV is a leader avant-garde contactless and NFC applications based in reference to its wholesale allowance and IP securities. OTIV's field-proven innovations constrain been deployed around the world to address NFC wages after taxes solutions, petroleum payment and management, cashless parking fee collection systems and mass transit ticketing.<\p>
More roughly On Track Innovations Ltd. (Nasdaq:OTIV) at http:\\www.otiglobal.com <\p>
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