Video game subscriptions to grow by 13,5% in 2021

Video game subscriptions are one of the fastest-growing segments within the gaming industry and are projected to have double-digit percentage growth from 2020-2021. According to data presented by Safe Betting Sites USA, video game subscription revenue is projected to...

Mpact reports revenue surge to R4.8bn

Paper and plastics packaging manufacturer Mpact reported brisk business in the five months to May, with increased revenue of R4.8 billion, while underlying operating profit more than doubled to R240 million, as it looks to invest in several projects, including 10...

Mobile business drives Telkom earnings

Revenue from next-generation technologies has boosted Telkom’s earnings for the year to 31 March 2021. Growth, now driven by the mobile business, saw EBITDA grow 11,7% to R11 973-million, with EBITDA margin expanding by 2,8 ppts to 27,7%. Group revenue grew 0,4% to...

Uber Eats sees 150% revenue increase

 Uber Eats experienced a positive spike in many metrics in 2020, including an estimated 152% year-on-year increase in revenue. The information is contained in a report by TradingPlatforms, which is a London-based education and comparison platform for online...

Slow recovery for Telco revenues

Worldwide telecommunications services and pay TV services revenues totaled $1,53-trillion in 2020, representing flat year-over-year growth, according to the International Data Corporation (IDC) Worldwide Semiannual Telecom Services Tracker. IDC expects worldwide...
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