Stripe, the payments software company that recently garnered a $95 billion valuation in a fundraising round, generated more than $120 million in earnings before interest, taxes, depreciation and amortization in the third quarter, according to the Financial Times , which cited an unnamed source. It generated $2 billion in gross revenue for the same quarter. Now the most highly valued private...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Test Drive e-commerce
Shein Confusion: The Fast-Fashion Giant’s New Resale Site Doesn’t Make Buying Easy
All I wanted from Shein Exchange was a plain black skirt. It was a simple enough desire, I thought, as I swiped around the fast-fashion giant’s newly launched resale platform. Scrolling through the offerings, I was bombarded with used neon crop tops, bedazzled pants and denim skirts—but my basic wardrobe staple was nowhere to be found. When it was unveiled in October, Shein Exchange...
Foxconn’s China IPhone Factory Could Be Back at Full Output by End December
DOJ Seeks Independent Examiner in FTX Case to Investigate Fraud Allegations
Amazon Entertainment Chief Jeff Blackburn to Exit Company
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
Recent Popular Stories
Employees Aren’t the Only Ones Suffering From Burnout