Online Education
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Game business is recovering; Tencent's Q3 non-GAAP net profit increased by over 30% and over 3,000 people were recruited.
① In the third quarter, Tencent's adjusted net income reached 59.81 billion yuan, far exceeding the market expectation of 54.37 billion yuan, a year-on-year increase of 33%; ② The biggest highlight of Tencent's quarterly report is that value-added services have significantly recovered, mainly due to the rebound in the gaming business.
The 'longest' november 11 shopping festival-related in history has come to an end! The new platform is changing the e-commerce landscape, with the 'cat and dog' battle turning into cooperation.
①In 2024, the november 11 shopping festival-related promotion ended, and the Tmall gala was discontinued. jd.com and Tmall have shifted from competition to cooperation, and the new platform is changing the e-commerce landscape. ②Since the birth of november 11 shopping festival, it has driven the development of digitization, cloud computing, logistics, etc., and is also the 'best exam room' for businesses to adjust their operation strategies. ③When november 11 shopping festival-related returns to normalcy, e-commerce companies are faced with the challenge of finding the next revolutionary new model with significance.
The longest november 11 shopping festival-related has ended, with the platform's coupon service. Tmall achieved over 589 brands breaking the billion mark, while jd.com's brand transaction volume exceeded 0.017 million, a more than fivefold increase.
This year's november 11 shopping festival-related started 10 days earlier overall, with platforms offering competitive prices and services, good value for money. Tmall's transaction volume exceeded 100 million yuan, a year-on-year increase of 46.5%, setting a new historical record, while jd.com saw transaction volumes from over 30,000 small and medium-sized merchants more than doubling year-on-year. With government subsidies, home appliance consumption took the spotlight on this year's november 11 shopping festival, followed closely by mobile phones, digital products, and outfits. Jd.com reported a 200% year-on-year increase in transaction volumes for 519 home appliance and home furnishing product categories, while Xiaomi announced a total accumulated payment amount breaking 31.9 billion yuan through all channels, setting a new record for Xiaomi's annual major promotions. Over 100 live streaming rooms on Taobao surpassed 100 million yuan in transactions, reaching a historic high; jd.com's live broadcast order
European and American stocks and bonds both fell, tesla rose more than 9% after hours, silver fell by 4%, the dollar reached its highest level in nearly three months
European and American central bank officials called for caution in cutting interest rates, with US Treasury yields rising to pressure low-risk assets. The Dow and S&P indices fell by about 1% for the third consecutive day, NVIDIA initially dropped over 4%, cloud-based company Kujiale warned of profit slump nearly 3% in US stock, China concept index turned down, but Li Auto Inc. rose by nearly 4%. The 10-year US Treasury yield once rose above 4.26% to a three-month high, and the yen fell below 153 for the first time in three months. Oil prices fell by more than 1%, spot gold approached $2760 to hit a new high before falling by over 1%, and silver initially dropped by 4%.
Trending Industry Today: EAST BUY Leads Losses In Online Education Stocks
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Netdragon Websoft Goes Ex Dividend Monday
"Forcing ordinary practitioners to quit? Mihoyo's Cai Haoyu's latest controversial statement sparks heated discussions."
①Mi Haoyou, the founder of Mihoyo, stated on social media that only top talents and those who develop games for their interests have logical significance in game creation. Other game developers may consider changing careers. ②Mi Haoyou's remarks, known as "extreme theories" by some, have sparked discussions in the gaming industry.
Shanghai Telecom apologizes for the "broadband outage"; Apple announces that Kevan Parekh will serve as CFO; Musk says California, USA should "reasonably" approve the AI safety bill | AI Daily Morning News
①IBM has confirmed the closure of its research and development department in China; ②Apple will hold a product launch event on September 9th local time, with new devices such as the iPhone 16 expected to be released; ③French President Macron: the arrest of the Telegram founder is by no means for political reasons.
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Trending Industry Today: BESTSTUDY EDU Leads Losses In Online Education Stocks
Yu Minhong disabled comments on Douyin.
Transitional turmoil.
According to Goldman Sachs's prediction, the gaming industry environment has changed, which is not favorable for Netease. However, they are bullish on Tencent.
As industry regulatory focus shifts, Tencent, as "China's largest small game platform", may usher in a spring. Coupled with the initial results of Tencent's overseas investments, its international gaming business is showing strong momentum.
East buy lost 4.6 billion in seven days.
Author | Liu Baodan Editor | Zhou Zhiyu After the controversy over "small essays" half a year ago, the development prospects of East Buy once again cast a shadow. On June 9th, Dong Yuhui stated in an official Douyin interview program "I Love Myself, I'm Great" that he strongly resists selling things, and has not enjoyed this job until now. Although what he is doing now has supporting significance, it does not bring much joy. As a super host, Dong Yuhui is a key figure in the rise of East Buy in the live broadcast e-commerce field. His remarks undoubtedly shake the outside world's expectations for his career development as a host and also trigger concerns in the capital markets. The first day after the holiday.
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Trending Industry Today: NEW ORIENTAL-S Leads Losses In Online Education Stocks
Netdragon Websoft Reports FY Results
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Netdragon Websoft Goes Ex Dividend Tomorrow
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