Tencent announced 1q19 results on May 15. As you can see, I'm getting around to publishing my notes on Tencent's earnings quite late here. In the future, I will post my thoughts sooner. Key Takeaways: New business segment "FinTech and Business Services"Cloud services are the "business services"Sales channel for business services will revolve around "showcases"Content … Continue reading Tencent 1Q19 Earnings
iQiyi 1Q19 Earnings Notes
Key takeaways: Almost at 100M subscribers (grew 58% yoy in 1Q)iQiyi's advert business slowing (cyclical or secular?)Some content releases are delayed (impacts advert business)There were some disclosure changes in IQ's 20-F (Grrr!) Content Delays English: Over the Sea I Come to See You A show, called 带着爸爸去留学, had its broadcast date delayed. There was some speculation … Continue reading iQiyi 1Q19 Earnings Notes
CTI27 Notes – Alibaba 4Q19
This post covers Alibaba's considered Hong Kong listing, BABA's May share price decline, declining EBITA margins, "margin drag" segments, and concludes with thoughts on the growing "wallet share" strategy of ecosystem apps. These notes were prepared for episode 27 of China Tech Investor podcast, recorded on June 6, 2019. These notes were prepared before Alibaba … Continue reading CTI27 Notes – Alibaba 4Q19
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