Topic: [2014-06-16] CD: $30 Billion Online Merchant Processor Digital River Adds BTC (Read 796 times)
June 18, 2014, 02:20:55 PM
More likely that value transfer is going on to evade tax.
June 18, 2014, 09:53:52 AM
Yikes, only $24 million net income on $30 billion of sales!! They must offer wafer thin fees for their service.
Actually it is a net loss of $ 24 million. That's why I put the negative sign (-). Not surprising, though. Smaller players are finding it increasingly difficult to compete with the market giants. The bigger companies are squeezing the smaller ones out.
June 18, 2014, 07:58:16 AM
Here are the details:
http://www.google.com/finance?q=NASDAQ%3ADRIV&ei=FDSfU5jNN43ckgXblYDQCQ
Market Cap: $ 506 million.
Revenue for Y 2013: $ 389.68 million
Net Income: -$ 24.65 million
http://www.google.com/finance?q=NASDAQ%3ADRIV&ei=FDSfU5jNN43ckgXblYDQCQ
Market Cap: $ 506 million.
Revenue for Y 2013: $ 389.68 million
Net Income: -$ 24.65 million
Yikes, only $24 million net income on $30 billion of sales!! They must offer wafer thin fees for their service.
June 16, 2014, 01:16:31 PM
Here are the details:
http://www.google.com/finance?q=NASDAQ%3ADRIV&ei=FDSfU5jNN43ckgXblYDQCQ
Market Cap: $ 506 million.
Revenue for Y 2013: $ 389.68 million
Net Income: -$ 24.65 million
http://www.google.com/finance?q=NASDAQ%3ADRIV&ei=FDSfU5jNN43ckgXblYDQCQ
Market Cap: $ 506 million.
Revenue for Y 2013: $ 389.68 million
Net Income: -$ 24.65 million
June 16, 2014, 12:52:13 PM
great one 
30 billion...man
30 billion...man
June 16, 2014, 12:51:45 PM
http://www.coindesk.com/30-billion-processor-digital-river-bitcoin-payment-option/
Quote
Commerce-as-a-service solutions provider Digital River – a company that processed more than $30bn in online transactions in 2013, has announced that it has added bitcoin as a payment option for its online merchants. The offering is now available to merchants using the Minnesota-based company’s SWREG solution for small and mid-sized businesses.
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