As a tech giant, the Nvidia business model involves GPU sales. This graphics company gets most of its revenue from selling these specialized chips, which serve many industries, including the gaming, robotics, automotive, and professional visualization industries. According to Statista, Nvidia’s revenue from the sale of its GPUs amounted to $11.9 billion in 2023. Another […]
Netflix is one of the most popular streaming platforms in the world. As of 2022, the company was ranked as the 115th company on the Fortune 500 list and the 241st company on the Forbes Global 2000 list. The American media company operates in over 190 countries (except China, Crimea, Russia, Syria, and North Korea) […]
Is Afterpay profitable? While releasing its first financial results after Block, a U.S. group, acquired it, Afterpay announced a $345.5 million net loss for the period of six months ending on December 31st, 2021. This was a massive increase from the $79.2 million recorded in the previous half. Afterpay’s pre-tax loss also hit $501.9 million, […]
Who owns Facebook? Facebook is a publicly-traded company, so a single individual or company doesn’t own it. Among its majority owners is Mark Zuckerberg, who owns the majority shares of the company. Several other individuals and institutions hold essential stakes in the company. Since its launch in 2004, Facebook has experienced tremendous growth and now […]
The Walmart mission statement is “to save people money so that they can live better.” And the Walmart vision statement is “to be the destination for customers to save money, no matter how they want to shop.” Walmart is one of the largest retailers in the world. Part of its success can be attributed to […]
Regarded as one of the most reputed brands in the world, Samsung has built a legacy for itself in the electronics industry. Samsung is the largest South Korean manufacturing conglomerate, with its headquarters in Samsung Town, Seoul, South Korea. Samsung Town is located in the Gangnam station area of Seoul in South Korea. The conglomerate […]
