Netshoes invests in its marketplace, after a tough quarter

2018-05-18T00:00:00

Netshoes saw the price of its shares plunge by as much as 60 percent in the two days after the Brazilian online retailer reported that its sales increased by 0.8 percent to 396.2 million Brazilian reais (€90.9m-$107.2m) for the first quarter but its loss widened to R$60.3 million (€13.8m-$16.3m), compared with ...

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