The group introduced a strategy change to eradicate unhealthy online discounting practices in Taiwan, which has led to a 35.6% q-o-q drop in the region’s sales.
SINGAPORE (Nov 10): Best World on Wednesday announced its 3Q17 earnings increased 36.4% to $12.2 million from $8.9 million a year ago, on lower expenses.
Revenue for the quarter was 10.3% lower at $46.8 million from $52.5 million last year, due to lower contribution from Taiwan and on the back of sustained export growth to China.
