Sentences with phrase «trading as a loss leader»
By essentially using crypto trading as a loss leader instead of its primary business like Coinbase and other apps, Robinhood could substantially expand beyond the 3 million users it already has.
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LONDON, May 2 - Spotify Technology on Wednesday posted quarterly revenue in line with its recent outlook and sharply lower operating losses in the music streaming leader's first financial report as a publicly traded company.
LONDON, May 2 (Reuters)- Spotify Technology on Wednesday posted quarterly revenue in line with its recent outlook and sharply lower operating losses in the music streaming leader's first financial report as a publicly traded company.
The company's intention is to use the zero - fee cryptocurrency trading feature as a «loss - leader», allowing it to bring more traders onto its platform, which can already boast more than 3 mln users.