TikTok platform shows significant growth, three squirrels inc. net profit increased by over 80% in the first half of the year | Interpretations
① Douyin channel growth rate is significant, Three Squirrels' revenue in the first half of the year increased by 75.39% year-on-year; ② Benefiting from the direct sourcing of the nut category and the self-owned supply chain, combined with a decrease in management fee rate, the company's non-GAAP net margin increased by approximately two percentage points year-on-year.
The game "Black Myth: Wukong" continues to be popular and is expected to drive increased demand for cloud gaming.
gtja believes that on August 20, 2024, the game "Black Myth: Wukong" produced by Game Science will be launched, and the topic of the product will continue. It is expected to break through the circle and attract more non-traditional console game players who do not have hardware requirements to experience cloud gaming.
Net profit increased 55%-70%, and the three squirrels still had to rely on the old e-commerce business to “turn over” | Insight Research
When prices are low everywhere, price is no longer the biggest advantage.
ING Offloads 85% Stake In Cobase To Alpha Group In Strategic Fintech Deal
800 million yuan to buy Golden Eagle cartoons, Mango Supermedia seeks more anime IP
With internet advertising performance continuing to fall short of expectations, Mango Supermedia (300413.SZ) began looking for an increase in performance. The first step was to acquire the animation business owned by the controlling shareholder. Recently, Mango Supermedia announced that it plans to use its own capital to acquire 100% of the shares of Hunan Golden Eagle Cartoon Media Co., Ltd. (“Golden Eagle Cartoon”), a wholly-owned subsidiary of the controlling shareholder Mango Media Co., Ltd. (“Mango Media”). After the deal is completed, Golden Eagle Cartoon will become a wholly-owned subsidiary of Mango Supermedia. Golden Eagle Cartoon is a youth content production company owned by Hunan Radio and Television. A subsidiary of Hunan Radio and Television
New Oriental share price doubled in two trading days. Sinolink Securities is bullish on the media and internet industry