Express News | NextPlat Reports $49.8 Million in Consolidated Revenue for the Nine Months Ended September 30, 2024, Representing a 136% Increase Over 2023 Results
Press Release: NextPlat Reports $49.8 Million in Consolidated Revenue for the Nine Months Ended September 30, 2024, Representing a 136% Increase Over 2023 Results
Cathie Wood's Ark Invest Says Energy Bottlenecks Can't Stop AI Growth: Companies Could Go Partially Off-Grid
Hong Kong stocks are moving unexpectedly | The Hang Seng Index has fallen over 3%, and all network technology stocks are in the red. Tencent (00700) has turned negative in the afternoon.
Hengke's decline expanded by more than 3%. Among constituent stocks, all weight technology stocks fell, Tencent turned lower in the afternoon after rising more than 2% earlier, the company's third-quarter revenue and net profit both exceeded expectations.
Is someone taking the lead by not cutting prices? Cainiao Express avoids price wars, while Cainiao International Express accelerates its overseas layout.
Cainiao's ongoing efforts in the quality sector and proactive layout in overseas markets provide a good window for us to observe and understand the development of the logistics industry.
Shoplazza and AliExpress Composing a Magnificent Chapter for African E-commerce
Not only emphasizing low stock price competition, Douyin, Kuaishou, and Xiaohongshu are each seeking differentiated new paths | November 11 shopping festival-related observation.
① Professional analysts have pointed out that, unlike the past few years where the focus was purely on low stock price competition, both brand merchants and e-commerce platforms now pay more attention to attracting higher quality products through differentiated innovation. ② Some brand representatives have stated that there are more and more platforms and merchants, but the demand is limited; breaking free from traffic dependence depends on product quality, services, and whether the approach is user-centered.
Announcement highlights | Tencent's adjusted net profit in Q3 increased by 33% year-on-year to 59.813 billion yuan; ali health's net profit in the first half of the fiscal year rose by 72.45% year-on-year.
Samsonite's profit in the third quarter decreased by about 40% year-on-year; za online's total original premium income for the first ten months is approximately 28.354 billion yuan, an increase of 13.04% year-on-year.
alibaba-W November 12th spent $19.9912 million to repurchase 1.7384 million shares.
Alibaba-W (09988) announced that the company will spend 19.9912 million USD to repurchase 1.7384 million shares on November 12, 2024.
[Brokerage Focus] Citic Sec expects the online shopping festival-related GMV growth rate to be better than last year during November 11.
Jinwu Financial News | Citic Sec stated that after the conclusion of the 2024 November 11 shopping festival-related promotion, based on data from third-party platforms like the Fudan Consumer Big Data Laboratory and various companies' sales data reports, the firm expects a year-on-year GMV growth rate of +10% to +12% for the e-commerce large cap during the November 11 period, which is better than the growth performance of the same period last year. From the platform's perspective, the firm predicts that Taobao Tmall and JD.com will have GMV growth rates of +10% to +15%, while pdd holdings will see a growth rate of +20% to +25%, and Douyin e-commerce will achieve a growth rate of +25% to +30%. The last three major promotions have shown a clear trend of cross-platform growth variance convergence in the industry during the promotional period.
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Gelonghui announcement highlights (Hong Kong stocks) | tencent (00700.HK) third quarter revenue of 167.193 billion yuan, net income increased by 47% year-on-year.
【Today's Focus】Tencent (00700.HK) reported revenue of 167.193 billion yuan in the third quarter, with a 47% year-on-year increase in net income. Tencent (00700.HK) announced that for the three months ended September 30, 2024, the company's revenue was 167.193 billion yuan, an 8% year-on-year increase; gross profit was 88.828 billion yuan, a 16% year-on-year increase; net income attributable to equity holders of the company was 53.23 billion yuan, a 47% year-on-year increase; basic earnings per share was 5.762 yuan. By business segment, in the third quarter of 2024, the value-added service business revenue
Alibaba Gr Hldgs Unusual Options Activity For November 13
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Gulf countries have a massive demand for AI computing power. nvidia (NVDA.US) and cloud giants sense the 'gold rush' vibe.
The global strategy of the Gulf countries is not groundless.