What’s going on? Tencent (Chinese internet giant) delivered fluent earnings, but stumbled by sales growth. What does this mean? Tencent’s revenue was up 20% yoy last quarter, which is not bad, but still its smallest rise since 2019. One reason is the Chinese government’s expanding tech crackdown, which has likely hit Tencent’s mobile gaming empire. A $3b gain on…
Tag: investment
Ep 152: SoftBank’s sad quarter and the Chinese startup investment landscape
What’s going on? SoftBank (Japanese tech conglomerate) updated disappointing quarterly results, which was 40% lower yoy. What does this mean? This shrink is partially due to the large stakes of Chinese companies that Softbank owns. The Chinese government has taken severe measures against local firms with US-listed shares E.g: Didi’s share price have decreased by the same amount…
Ep 138: Warren Buffett revealed some hints
What’s going on? Berkshire Hathaway (Warren Buffett’s investment firm) was revealed to have sold off some of its Apple stock and quietly bought into three other companies. What does that mean? Berkshire Hathaway was selling off some of its stake in Apple, holding on to “just” $120b worth; it also recently sold stakes in JPMorgan…
Ep 134: SoftBank’s flourishing result
What’s going on? SoftBank – a Japanese conglomerate, reported better-than-expected earnings after its investment in DoorDash really delivered. What does that mean? Both the global rally in tech stocks and the booming demand for IPOs has led to SoftBank’s doing well in private investments, leading to a record profit for its Vision Fund – the…
Journal Report 24: Just Eat Takeaway – Grubhub acquisition
This was written by Hoang Minh – Cambridge Econ Student and me Just Eat Takeaway (JET), a European food delivery service, announced to buy Grubhub for $7.3 billion on June 10, 2020. This deal would allow JET to set a foothold in the United States and create one of the world’s largest meal-delivery companies as…
Ep 131: EU and China coming to an agreement on investment
What’s going on? The EU and China are close to reaching a business investment deal as Brussels (Belgium) seeks to flatten the playing field for European companies operating in the Chinese market. For EU The talks are seen as a core part of EU’s strategy for managing increasingly tense trade relations with China. The pact…
Ep 124: Vaccines elevates investments in ETFs
What’s going on? Investments in ETFs in Europe reached their highest levels since December 2019. An exchange traded fund (ETF) is a basket of securities that trade on an exchange, just like a stock. What does this mean? Investors have been celebrating the potential coronavirus vaccines by loading up on stocks: ETFs in Europe: raked…
Ep 108: AirbnBillion
What’s Going On Here? Airbnb welcomed a new $1 billion investment this week as private investors helped the accommodation marketplace #stayhome and #stayalive during the coronavirus pandemic. What Does This Mean? Neither Airbnb nor its two new investors gave all the details, but they did reveal that the investment was a mixture of equity and debt,…
Ep 99: Farfetch Raises $250M To Grow Luxury Fashion Platform
What’s going on here? Farfetch, a luxury technology platform, has raised $125 million from Tencent and $125 million from Dragoneer through the sale of convertible senior notes. Tencent is a global technology company based in Shenzhen, China, and Dragoneer is an investment firm based in San Francisco. The journey ahead Farfetch will use the capital to…
Journal Report 5: Better Buy: Procter & Gamble vs. Coca-Cola
Introduction Procter & Gamble and Coca-Cola have more in common than just age. Both are part of one of the most elite clubs in the stock market: the Dividend Aristocrats. The 57 companies in this group have not only paid out dividends without fail for 25 years, but also increased the dividend payout every year over that span….
with HT 