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

CTI26 Notes – Pinduoduo 1Q19 – Disclosure changes, coupons, and take rates

These notes are for China Tech Investor podcast episode 26, listen on overcast or anchor.fm. Pinduoduo announced earnings on May 20th 2019. But, before we jump in, let's look at some excerpts from their SEC filings. Disclosure changes "Furthermore, we offer coupons from time to time to stimulate buyer engagement on our platform." (page 58, … Continue reading CTI26 Notes – Pinduoduo 1Q19 – Disclosure changes, coupons, and take rates