Netflix hopes its expansion into live programming boosts its nascent ad business; Bernstein estimates its two NFL games generated up to $180M in US advertising
Christopher Grimes / Financial Times : X: @dwnews X: @dwnews : The streaming giant Netflix is investing billions into live sports. What's behind this strategy? [video]
Bernstein estimates PDD spent ~$3B on marketing Temu in the US in 2023; the Chinese group says Temu has 70M US MAUs, up from an estimated 13M in January 2023
Financial Times :
Tencent shares fell 4% on Monday and 4.4% on Friday, wiping out $62B, as sources say China's regulators will focus on Tencent following Ant Group crackdown
- Its fintech, payments business worth $120 billion: Bernstein — Shares fall a second day on concern over regulatory scrutiny
Profile of Tencent, China's most valuable company at ~$900B, with a powerful ecosystem including WeChat, and local and overseas startup investments worth ~$259B
The tech giant has investments worth an estimated $259 billion in Chinese and overseas startups Tweets: @ruima , @bluff_capital , @jodixu , @jchengwsj , @jingyanghk , and @jchengwsj Tweets: @ruima : N...
Profile of Tencent, China's most valuable company at ~$900B, with a powerful ecosystem including WeChat, and local and overseas startup investments worth ~$259B
The tech giant has investments worth an estimated $259 billion in Chinese and overseas startups Tweets: @bluff_capital , @jodixu , @jchengwsj , @jingyanghk , and @jchengwsj Tweets: @bluff_capital : $T...
Bernstein analysts estimate that Bitmain made between $3B and $4B in operating profit in 2017 by selling bitcoin miners and mining cryptocurrencies
Evelyn Cheng / CNBC :
Bernstein analysts estimate that Bitmain made between $3B and $4B in operating profit in 2017 by selling bitcoin miners and mining cryptocurrencies
- Based on conservative estimates of gross margin of 75 percent and operating margin of 65 percent, Bernstein analysts calculate …