SEARCH KEYWORD -- NON-PROFIT
Alibaba starts IPO procedure
According to Hong Kong East Daily, Alibaba has submitted its IPO application to Hong Kong Stock Exchange. This marks the beginning of Alibaba's IPO procedure. It's expected to be listed in October at the earliest. It's valued as between $80 billion and $100 billion. It may raise $20 billion this round. If Alibaba is listed successfully, this will be the highest fund raising company in HSE's history. There is news that Alibaba will spend $7 billion to buy back the shares owned by Yahoo. Yahoo re...
Crazy! 618 million daily active users on Facebook
Facebook released 2012 Q4 financial report. Facebook total revenue in the fourth quarter of 2012 is $1.585 billion, an increase of 40% over the same period last year, about 23% of the total revenue are from mobile advertising. Net profit is $64 million, down 79% over the same period last year.Now Facebook monthly active users reach 10.6 million, daily active users reach 618 million. The daily active users from mobile are more than the daily active users from desktop side the first time.In the e...
Facebook,Financial report,Mobile 2013-01-31 03:13:06
Tencent CEO : Mobile social gaming will be the profit breakthrough point of WeChat
Tencent CEO Ma Huateng said mobile social gaming would be one of the biggest light spot and also the profit profit breakthrough point of WeChat.Mr. Ma thinks that the principle of public accounts of WeChat is very simple, In the early period of QQ, users could also send messages and feedback, the reason why WeChat is so charming is because the phone has audio and video capabilities, this is very different from the text on the PC. Public account service providers can send voice passages to users ...
Jack Ma speaks within the company's intranet post PDD earnings report
On November 28th, PinDuoDuo(PDD) released its financial report for the third quarter of 2023, ending on September 30th. The revenue for the third quarter was 688.4 billion RMB, showing a year-on-year growth of 93.9%. The net profit, according to the U.S. General Accounting Standards, reached 15.54 billion RMB, with a net profit margin of 22.6%. PDD attributed its overall positive performance to the accelerated recovery of the consumer market and the vigorous implementation of its "high-qual...
Tencent released Q1 earning report of 2013
Tencent has released the earnings report of Q1 in 2013, the total revenue is $2.1611 billion which increases 11.5% compared to last quarter and increases 40.4% compared to the same time last year. The profit is 649.4 million US dollars which increases 17.3% compared to last quarter and increases 37.4% compared last year.The three main profit generators are:1. Value-added services revenue of 1.7014 billion US dollars with an increase of 13.6% compared to last quarter and an increase o...
Tencent,Earnings report,WeChat 2013-05-15 07:02:45
App's user value doesn't necessarily bring business value
There is an old saying in Internet world, you can get business value as long as you can achieve user value. Is this statement outdated in mobile Internet era? This statement originated from PC Internet era, but now the time users spend on PC drops and user behavior tends to be stable and conservative. In contrast, people are more willing to stay on mobile devices. The difference between PC and mobile is that users are freely to move around on PC end. People can navigate from one link to another ...
App,Business value,User value 2013-06-25 10:52:12
One minute to understand earnings report of IT giants in last quarter
According to Sohu IT, if you want to know the operating status of a listed technology company, then the company's quarterly earnings report should not be missed. Now it's time for companies to release earnings report for last quarter, a few large IT giants in United States have announced the previous quarter's earnings. But many ordinary readers are not interested in those professional reports with a lot of finance jargon, so we extracted and summarized some important information from Yahoo, Goo...
Earnings report,IT giant 2013-04-27 10:05:38
Huateng Ma becomes the richest person in China
On 22 July, Licai Zhoubao, a famous wealth management media in China, released a ranking about Chinese most richest people. In this ranking, Tencent CEO, Huateng Ma for the first time becomes the richest person in China with 46.7 billion RMB(around $7.6 billion), his wealth was 35.4 billion RMB(around $5.76 billion) last year. That means his wealth increases 11.3 billion RMB($1.84 billion) in one year. In 2012, Tencent Corp had a revenue of 43.9 billion RMB(around $7.15 billion), which inc...
Tencent,WeChat,Huateng Ma 2013-07-22 08:55:13
Mark Zuckerberg : Facebook's biggest mistake is relying too much on HTML5
On Disrupt conference organized by TechCrunch, Facebook founder and CEO Mark Zuckerberg said they relied too heavily on HTML5 and ignored the advantages of the Native-App when talking about Facebook mobile product design strategy.Zuckerberg said the focus in HTML5 was his biggest mistake. This is the first time the young CEO admits he is wrong on HTML5 and native applications publicly. Zuckerberg later mentioned after transferring the Facebook client from HTML to Native applications, users coms...
Facebook,HTML5,Native app 2012-09-11 19:18:39
Chrome 23 supports Do Not Track now
Google has upgraded its browser to Chrome 23, released for Windows, Mac, Linux and Chrome framework. New features brought by Chrome 23 include GPU video decode acceleration, more convenient site permissions management and start supporting DNT agreement. The most important feature of this version upgrade is the support for "Do Not Track (DNT)". As one of the solutions to address online privacy issues, DNT protocol allows Internet users to control how their privacy information can be tracked, als...
Chrome 23, Do Not Track,DNT 2012-11-07 11:27:26
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