OPENLANE, a digital marketplace for used vehicles, reported a 15% increase in revenue to $528 million for Q1 2026, driven by a 22% rise in auction and related fees. Net income grew 33% to $49 million, and adjusted EBITDA rose 17% to $97 million. The company saw a 25% year-over-year growth in marketplace commercial vehicle sales and a 13% increase in dealer vehicle sales. OPENLANE raised its 2026 full-year guidance, expecting net income between $147 million and $164 million and adjusted EBITDA between $365 million and $385 million, reflecting confidence in its scalable business model and market position.
A three-day online training on Pharmaceutical Regulatory Affairs in Asia is scheduled for October 20-22, 2026, aiming to help professionals understand diverse regulatory requirements across major Asian markets including China, India, Korea, and ASEAN...
The global workwear market, valued at $265.12 billion in 2025, is expected to grow to $344.71 billion by 2031 with a 4.5% CAGR. Growth is fueled by rising corporate employment worldwide, especially in Asia-Pacific, and increased focus on professional...
The global microalgae-based aquafeed market is projected to grow from $320 million in 2026 to $481 million by 2031, at an 8.5% CAGR. Key growth drivers include rapid cost reductions in closed photobioreactor farming, making algae competitive with fis...
The global consumer finance market is projected to expand from $9.87 trillion in 2025 to $14.08 trillion by 2031, growing at a 6.17% CAGR. Key growth drivers include embedded finance at point-of-sale, which boosts credit uptake by integrating lending...
Xcel Brands has signed a licensing agreement with KBL Group to produce ready-to-wear collections for OFF/DUTY by Coco Rocha, a fashion brand created with supermodel Coco Rocha. KBL Group will handle sourcing, product development, manufacturing, and s...
