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By last October, it was hemorrhaging money and shut down.
Fighting for market share, Mr. Ma decided to keep Taobao free, although it was hemorrhaging money.
In that case, a whistle-blower who worked for a Koch refinery in Corpus Christi, Texas, told authorities that the company had covered up the fact that it was "hemorrhaging" benzene, a known carcinogen.
"I keep my eyes on the business I have to perform," he answered, adding that he had to get past difficult times when he took over as chief executive of Daimler-Benz when it was hemorrhaging money in 1995.
It was hemorrhaging customers to T-Mobile, happy that they could unlock their handsets and get better service with comparable plans without much up-front cost.
The company quickly acknowledged it was hemorrhaging money as excited consumers used their MoviePass cards for multiple trips to the multiplex every month.
Similar(53)
In those six months, the DNC has had some of its worst fundraising months, and in the words of the Washington Post, it's "hemorrhaging money".
Still, it is hemorrhaging cash.
It's hemorrhaging nearly all of the high-school-educated workers.
Now it is hemorrhaging market share, is mired in red ink and a price war and is seen as an albatross around DaimlerChrysler's neck.
"I just feel, like, New York has so much, and even though it's hemorrhaging small businesses and things it's still totally the best city".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com