Hasbro recently reported its third-quarter earnings report for 2021, revealing revenue rose 11% to $1.97 billion, along with higher earnings and profit compared to the same period last year.
Executive Summary:The company’s debut into livestream shopping underscores the rising popularity of the retail strategy, which has become popularized in China and has quickly gained steam in the U.S. The rise in livestream shopping has also piqued the interest of investors, with one livestream company recently reaching a $100 million valuation.