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KelvinSoh
KelvinSoh
·
2021-02-19
Need a comment and like thanks
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KelvinSoh
KelvinSoh
·
2021-02-11
Need a like thansk
Baidu in talks to raise money for a standalone A.I. chip company
KEY POINTS Chinese search giant Baidu is in talks to raise money for a standalone artificial intell
Baidu in talks to raise money for a standalone A.I. chip company
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KelvinSoh
KelvinSoh
·
2021-02-10
Alright 👍🏻
非常抱歉，此主贴已删除
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KelvinSoh
KelvinSoh
·
2021-02-09
Waiting for recovery
Singapore Airlines defers $4 billion of spending on Airbus, Boeing planes
Singapore Airlines Ltd said on Tuesday it would defer over $4 billion of spending on Airbus SE and B
Singapore Airlines defers $4 billion of spending on Airbus, Boeing planes
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KelvinSoh
KelvinSoh
·
2021-02-09
Elon Musk all the way
非常抱歉，此主贴已删除
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KelvinSoh
KelvinSoh
·
2021-02-09
Nice
Singapore prime minister’s wife Ho Ching to step down as CEO of $230 billion state investor
KEY POINTS Singapore’s state investment company Temasek Holdings said Chief Executive Officer Ho Ch
Singapore prime minister’s wife Ho Ching to step down as CEO of $230 billion state investor
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KelvinSoh
KelvinSoh
·
2021-02-08
Need likes and comment.
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KelvinSoh
KelvinSoh
·
2021-02-05
Buy buy buy
Watch out, Alibaba. Chinese video apps are quickly becoming e-commerce players too
KEY POINTS Livestreaming and short video apps became significant marketing channels in 2020. Short
Watch out, Alibaba. Chinese video apps are quickly becoming e-commerce players too
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KelvinSoh
KelvinSoh
·
2021-02-05
Nice.
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KelvinSoh
KelvinSoh
·
2021-02-05
Huat ah. Need some comment and likes please thanks
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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBaidu in talks to raise money for a standalone A.I. chip company\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-10 18:52 GMT+8 <a href=https://www.cnbc.com/2021/02/10/baidu-in-talks-to-raise-money-for-a-standalone-ai-chip-company-.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nChinese search giant Baidu is in talks to raise money for a standalone artificial intelligence semiconductor company, a person with knowledge of the matter told CNBC.\nVenture capital firms...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/10/baidu-in-talks-to-raise-money-for-a-standalone-ai-chip-company-.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/02/10/baidu-in-talks-to-raise-money-for-a-standalone-ai-chip-company-.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1186964240","content_text":"KEY POINTS\n\nChinese search giant Baidu is in talks to raise money for a standalone artificial intelligence semiconductor company, a person with knowledge of the matter told CNBC.\nVenture capital firms GGV and IDG Capital are involved discussions to pour money into Baidu’s chip firm.\nThe semiconductor business would aim to sell to chips to customers in various industries including automakers.\n\nGUANGZHOU, China — Chinese search giant Baidu is in talks to raise money for a standalone artificial intelligence semiconductor company, a person with knowledge of the matter told CNBC.\nThe move is emblematic of an ongoing push among China’s biggest technology firms to boost their prowess in the chip sector. And for Baidu, it marks a further effort to diversify its business well beyond advertising.\nBaidu’s Nasdaq-traded shares jumped more than 3.5% after hours. They climbed 6.67% on Tuesday.\nBaidu’s chip company would be a subsidiary, with the search giant likely to be the majority shareholder, the person said. Venture capital firms GGV and IDG Capital are involved in early stage discussions to invest in Baidu’s chip firm, the source added. Both firms have extensive investments in China.\nBaidu declined to comment when contacted by CNBC. IDG Capital was not immediately available for comment.Calls to GGV’s offices in Singapore, Shanghai and Beijing went unanswered.\nCurrently, Baidu has an in-house chip unit that has helped to develop its Kunlun semiconductors, designed to process huge amounts of data for artificial intelligence applications. But a standalone chip company is seen helping Baidu to better commercialize its technology, the source said.\nThe semiconductor business would aim to sell chips to customers in several industries including automakers, which are currently facing a global chip shortage.\nA standalone chip maker could also tie into other parts of Baidu’s businesses, such as its driverless car software.\nDiversification flurry\nBaidu’s move is part of push by the company to diversify its broader business — an effort which since September alone has seen the Chinese technology giant raise money for a biotech firm and a standalone electric vehicle company.\nAdvertising accounts for most of Baidu’s revenue currently, but other operations are contributing a growing percentage of sales. Ad-related revenue, which the company refers to in its earnings statements as online marketing services, accounted for around 80% of total revenue in 2018. That proportion fell to 71% in the third quarter of 2020, the most recent published results.\nBaidu’s semiconductor focus comes as the Chinese government tries to boost domestic independence around that critical technology — a trend that has accelerated during China’s trade war with the United States.\nChinese internet giant Tencent, the owner of messaging app WeChat,recently invested in an AI chip start-up.\nIn 2019, e-commerce company Alibaba launched its first chip to power artificial intelligence processes.","news_type":1,"symbols_score_info":{"BIDU":0.9}},"isVote":1,"tweetType":1,"viewCount":844,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":381935146,"gmtCreate":1612919982585,"gmtModify":1703766922345,"author":{"id":"3564093190306412","authorId":"3564093190306412","name":"KelvinSoh","avatar":"https://static.tigerbbs.com/9b333224893edcbb4a1b5e5f42233597","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3564093190306412","authorIdStr":"3564093190306412"},"themes":[],"htmlText":"Alright 👍🏻","listText":"Alright 👍🏻","text":"Alright 👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/381935146","repostId":"1176373590","repostType":4,"isVote":1,"tweetType":1,"viewCount":546,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":383517946,"gmtCreate":1612884157685,"gmtModify":1703766381071,"author":{"id":"3564093190306412","authorId":"3564093190306412","name":"KelvinSoh","avatar":"https://static.tigerbbs.com/9b333224893edcbb4a1b5e5f42233597","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3564093190306412","authorIdStr":"3564093190306412"},"themes":[],"htmlText":"Waiting for recovery","listText":"Waiting for recovery","text":"Waiting for recovery","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/383517946","repostId":"2110050003","repostType":4,"repost":{"id":"2110050003","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1612864080,"share":"https://ttm.financial/m/news/2110050003?lang=&edition=full","pubTime":"2021-02-09 17:48","market":"sg","language":"en","title":"Singapore Airlines defers $4 billion of spending on Airbus, Boeing planes","url":"https://stock-news.laohu8.com/highlight/detail?id=2110050003","media":"Reuters","summary":"Singapore Airlines Ltd said on Tuesday it would defer over $4 billion of spending on Airbus SE and B","content":"<p>Singapore Airlines Ltd said on Tuesday it would defer over $4 billion of spending on Airbus SE and Boeing Co planes after reaching agreements with the aircraft manufacturers to delay deliveries.</p>\n<p>It will convert 14 of its Boeing 787-10 orders to 11 additional 777-9s to meet its fleet needs beyond the financial year ending in March 2026, the airline said in a statement.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Airlines defers $4 billion of spending on Airbus, Boeing planes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Airlines defers $4 billion of spending on Airbus, Boeing planes\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-02-09 17:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Singapore Airlines Ltd said on Tuesday it would defer over $4 billion of spending on Airbus SE and Boeing Co planes after reaching agreements with the aircraft manufacturers to delay deliveries.</p>\n<p>It will convert 14 of its Boeing 787-10 orders to 11 additional 777-9s to meet its fleet needs beyond the financial year ending in March 2026, the airline said in a statement.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2110050003","content_text":"Singapore Airlines Ltd said on Tuesday it would defer over $4 billion of spending on Airbus SE and Boeing Co planes after reaching agreements with the aircraft manufacturers to delay deliveries.\nIt will convert 14 of its Boeing 787-10 orders to 11 additional 777-9s to meet its fleet needs beyond the financial year ending in March 2026, the airline said in a statement.","news_type":1,"symbols_score_info":{"BA":0.9,"C6L.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":827,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":383152058,"gmtCreate":1612857520474,"gmtModify":1703765868866,"author":{"id":"3564093190306412","authorId":"3564093190306412","name":"KelvinSoh","avatar":"https://static.tigerbbs.com/9b333224893edcbb4a1b5e5f42233597","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3564093190306412","authorIdStr":"3564093190306412"},"themes":[],"htmlText":"Elon Musk all the way","listText":"Elon Musk all the way","text":"Elon Musk all the way","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/383152058","repostId":"2110059821","repostType":4,"isVote":1,"tweetType":1,"viewCount":897,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":383156195,"gmtCreate":1612857451217,"gmtModify":1703765868350,"author":{"id":"3564093190306412","authorId":"3564093190306412","name":"KelvinSoh","avatar":"https://static.tigerbbs.com/9b333224893edcbb4a1b5e5f42233597","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3564093190306412","authorIdStr":"3564093190306412"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/383156195","repostId":"1167253607","repostType":4,"repost":{"id":"1167253607","kind":"news","pubTimestamp":1612850345,"share":"https://ttm.financial/m/news/1167253607?lang=&edition=full","pubTime":"2021-02-09 13:59","market":"sg","language":"en","title":"Singapore prime minister’s wife Ho Ching to step down as CEO of $230 billion state investor","url":"https://stock-news.laohu8.com/highlight/detail?id=1167253607","media":"cnbc","summary":"KEY POINTS\n\nSingapore’s state investment company Temasek Holdings said Chief Executive Officer Ho Ch","content":"<div>\n<p>KEY POINTS\n\nSingapore’s state investment company Temasek Holdings said Chief Executive Officer Ho Ching will retire and step down from the board on Oct. 1.\nHo, the wife of Singapore’s Prime Minister ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/09/ho-ching-to-retire-as-ceo-of-singapores-temasek-holdings-on-oct-1.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore prime minister’s wife Ho Ching to step down as CEO of $230 billion state investor</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore prime minister’s wife Ho Ching to step down as CEO of $230 billion state investor\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-09 13:59 GMT+8 <a href=https://www.cnbc.com/2021/02/09/ho-ching-to-retire-as-ceo-of-singapores-temasek-holdings-on-oct-1.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nSingapore’s state investment company Temasek Holdings said Chief Executive Officer Ho Ching will retire and step down from the board on Oct. 1.\nHo, the wife of Singapore’s Prime Minister ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/09/ho-ching-to-retire-as-ceo-of-singapores-temasek-holdings-on-oct-1.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.cnbc.com/2021/02/09/ho-ching-to-retire-as-ceo-of-singapores-temasek-holdings-on-oct-1.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1167253607","content_text":"KEY POINTS\n\nSingapore’s state investment company Temasek Holdings said Chief Executive Officer Ho Ching will retire and step down from the board on Oct. 1.\nHo, the wife of Singapore’s Prime Minister Lee Hsien Loong, has been Temasek’s CEO since 2004.\nShe will be succeeded by Dilhan Pillay Sandrasegara, currently CEO of the firm’s investment arm Temasek International.\n\nSINGAPORE — Singapore’s state investment company Temasek Holdings announced Tuesday that Ho Ching will retire from her roles as chief executive and executive director on Oct. 1.\nHo, the wife of Singapore’s Prime Minister Lee Hsien Loong, has been Temasek’s CEO since 2004. She will be succeeded by Dilhan Pillay Sandrasegara, currently CEO of the firm’s investment arm, Temasek International.\nTemasek is among the world’s largest investors.Its portfolio valuestood at 306 billion Singapore dollars ($230 billion) as of March 31 last year.\nLeadership succession at Temasek has been widely discussed for several years.Ho had planned to step down in October 2009but stayed on after then CEO-designate, Charles Goodyear, left the company.\nHernew successor Pillay is a former corporate lawyer who joined the company 10 years ago. He became CEO of Temasek International in 2019, overseeing the company’s investment activities.\nPillay will retain his role at the investment arm after becoming CEO of Temasek Holdings.\nIn its early days, the company invested mainly in Singapore companies — but it has since turned into a major global investor.\nThe company’s annual report in 2020 — the latest one available — showed that assets in China accounted for 29% of its portfolio. That was followed by Singapore at 24% and North America at 17%, the report said.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":927,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389461997,"gmtCreate":1612795355319,"gmtModify":1703765153836,"author":{"id":"3564093190306412","authorId":"3564093190306412","name":"KelvinSoh","avatar":"https://static.tigerbbs.com/9b333224893edcbb4a1b5e5f42233597","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3564093190306412","authorIdStr":"3564093190306412"},"themes":[],"htmlText":"Need likes and comment. ","listText":"Need likes and comment. ","text":"Need likes and comment.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/389461997","isVote":1,"tweetType":1,"viewCount":974,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":380959299,"gmtCreate":1612507293411,"gmtModify":1703762843916,"author":{"id":"3564093190306412","authorId":"3564093190306412","name":"KelvinSoh","avatar":"https://static.tigerbbs.com/9b333224893edcbb4a1b5e5f42233597","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3564093190306412","authorIdStr":"3564093190306412"},"themes":[],"htmlText":"Buy buy buy ","listText":"Buy buy buy ","text":"Buy buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/380959299","repostId":"1111423932","repostType":4,"repost":{"id":"1111423932","kind":"news","pubTimestamp":1612505460,"share":"https://ttm.financial/m/news/1111423932?lang=&edition=full","pubTime":"2021-02-05 14:11","market":"hk","language":"en","title":"Watch out, Alibaba. Chinese video apps are quickly becoming e-commerce players too","url":"https://stock-news.laohu8.com/highlight/detail?id=1111423932","media":"cnbc","summary":"KEY POINTS\n\nLivestreaming and short video apps became significant marketing channels in 2020.\nShort ","content":"<div>\n<p>KEY POINTS\n\nLivestreaming and short video apps became significant marketing channels in 2020.\nShort video and live streaming app Kuaishou said gross merchandise volume (GMV) for the 11 months through ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/05/china-video-apps-kuaishou-douyin-become-e-commerce-sites-like-alibaba.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Watch out, Alibaba. Chinese video apps are quickly becoming e-commerce players too</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWatch out, Alibaba. Chinese video apps are quickly becoming e-commerce players too\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-05 14:11 GMT+8 <a href=https://www.cnbc.com/2021/02/05/china-video-apps-kuaishou-douyin-become-e-commerce-sites-like-alibaba.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nLivestreaming and short video apps became significant marketing channels in 2020.\nShort video and live streaming app Kuaishou said gross merchandise volume (GMV) for the 11 months through ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/05/china-video-apps-kuaishou-douyin-become-e-commerce-sites-like-alibaba.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/995418fbbbc235e75883dec898dccaa8","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/02/05/china-video-apps-kuaishou-douyin-become-e-commerce-sites-like-alibaba.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1111423932","content_text":"KEY POINTS\n\nLivestreaming and short video apps became significant marketing channels in 2020.\nShort video and live streaming app Kuaishou said gross merchandise volume (GMV) for the 11 months through November grew nearly eight times from a year ago to 332.68 billion yuan ($51.44 billion).\nDouyin, the Chinese version of the TikTok video app that's owned by ByteDance, saw e-commerce transactions triple last year to 500 billion yuan in GMV, according to a report Wednesday from Chinese tech news site LatePost.\n\nBEIJING — Chinese consumers are shopping more through livestreaming and video apps — a new trend that's grabbing a slice of the massive market traditionally dominated by e-commerce giantAlibaba.\nPopular livestreaming and short video apps became significant marketing channels in 2020, generating billions in merchant sales by connecting viewers to existing e-commerce sites, or their own.\nJust take the example of short video and livestreaming appKuaishou, which on Friday raised more than $5 billion in Hong Kong's biggest IPOsince the coronavirus pandemic, according to Wind Information.\nGross merchandise volume (GMV) for the 11 months through November grew nearly eight times from a year ago to 332.68 billion yuan ($51.44 billion), Kuaishou said in its prospectus. GMV is a metric commonly used in e-commerce to measure the total value of goods sold over a certain period of time.\nThe company primarily makes money by selling virtual gifts that users can buy for their favorite live streamers.Kuaishou shares surged nearly 200%at the open Friday.\nDouyin, the Chinese version of the TikTok video app that's owned by ByteDance, saw e-commerce transactions triple last year to 500 billion yuan in GMV,according to a report Wednesday from Chinese tech news site LatePost.\nHowever, most of the GMV went to third-party e-commerce sites likeJD.comand Alibaba's Taobao, the report said. Only about 100 billion yuan in Douyin's GMV came from the app's own e-commerce platforms, the report said.\nByteDance said in a statement to CNBC that LatePost's figures on GMV are not accurate and that third-party sales resulting from re-directed user traffic should not be counted as part of the GMV.\nTencent's Wechat messaging app, which counts more than 1 billion daily active users, has also become a platform for online shopping.\nIn January, WeChat said GMV for businesses running their own mini-programs in the app rose 255% last year to an undisclosed amount, while GMV for physical goods sold through those programs rose 154%.\n\"Along with various types of e-commerce players springing up in recent 2-3 years, including live streaming, social commerce, etc, customers' appetites on online shopping platforms are also diversifying,\" Morgan Stanley analysts said in a report last month. They predict Chinese consumer spending overallwill double in the next decade to $12.7 trillion.\nGrowing market for all e-commerce players\nThe reports on video apps' GMV show how quickly the streaming platforms are growing as a portal to online shopping, even if established players still dominate.\nFor example, Alibaba's video streaming sales siteTaobao Live generated over 400 billion yuan in GMVfor 2020, according to the latest earnings report. But the company's GMV for the Nov. 1 to 11 shopping holiday alone was 498 billion yuan.\n\"There is a lot of demand in China for e-commerce, so Alibaba,JD.com,they have the market because they are both online and offline,\" said Suresh Dalai, senior director at consulting firm Alvarez & Marsal, which focuses on retail operations in Asia.\n\"They provide a one-stop shop through their ecosystem,\" Dalai said. \"These retailers, they're not suffering even with these new e-commerce players coming out.\"\nOnline retail sales of physical goods in China rose 14.8% last year to a total of 9.759 trillion yuan, accounting for a quarter of all consumer goods sold in the country, the National Bureau of Statistics said.\nWhile the number of online shoppers climbed to 782 million by December, the country had more internet users watching videos, at 927 million, government agency China Internet Network Information Center (CNNIC)said in a report this week.\nIn particular,livestreaming e-commerce users surged by 123 millionbetween March and December, for a total of 388 million, the report said. About two-thirds of these users have made a purchase while watching a livestream, the report said.","news_type":1,"symbols_score_info":{"09988":0.9,"BABA":0.9}},"isVote":1,"tweetType":1,"viewCount":750,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":380920200,"gmtCreate":1612505585500,"gmtModify":1703762827752,"author":{"id":"3564093190306412","authorId":"3564093190306412","name":"KelvinSoh","avatar":"https://static.tigerbbs.com/9b333224893edcbb4a1b5e5f42233597","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3564093190306412","authorIdStr":"3564093190306412"},"themes":[],"htmlText":"Nice. ","listText":"Nice. 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Need some comment and likes please thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/380964753","isVote":1,"tweetType":1,"viewCount":1051,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}