Sochkio personal page - To The Moon

Sochkio

Sochkio

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2022-02-07

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2021-07-25

?

Tencent was ordered to lift the exclusive copyright of music, and users can finally listen to songs well?

2024-01-16

$英伟达(NVDA)$

2022-08-05

🤓

Alibaba Revenue Beats Despite Flat Growth Due to COVID Lockdown

2022-07-09

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2025-08-23

$Palantir Technologies Inc.(PLTR)$

2025-02-07

$Palantir Technologies Inc.(PLTR)$

2023-04-17

😊😊😊😊😊😊😊😊

2023-04-12

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2023-04-10

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12:39","market":"us","language":"zh","title":"Tencent was ordered to lift the exclusive copyright of music, and users can finally listen to songs well?","url":"https://stock-news.laohu8.com/highlight/detail?id=2153002933","media":"品玩","summary":"国家市场监管总局于7月24日发布公告，依法对腾讯控股有限公司作出责令解除网络音乐独家版权等处罚。最终，武汉市中级人民法院判定，网易云音乐涉嫌侵权行为，对网易云音乐发出网络禁令，勒令其删除相关内容。独家音乐版权已无法成为核心竞争力，TME再次提升了孵化内容的重要性。2021年6月25日，腾讯音乐集团宣布成立内容业务线，负责音乐内容相关业务的整体规划、战略制定和统筹管理。","content":"<p>The State Administration for Market Regulation issued an announcement on July 24 to regulate<a href=\"https://laohu8.com/S/00700\">Tencent Holdings</a>Co., Ltd. ordered to lift the exclusive copyright of online music and other penalties.</p><p><b>A big difference in this punishment is that this case is the first case in which the Anti-Monopoly Law \"takes necessary measures to restore market competition\" for illegally implementing concentration of operators.</b></p><p>Previous anti-monopoly punishment methods were mostly based on \"supplementary punishment\" combination to put forward guiding requirements for the next operation, but this time Tencent clearly listed very specific rectification measures, including which agreements in the contract need to be terminated, and when to complete the termination, etc. In fact, it once again enriches the anti-monopoly law enforcement toolbox.</p><p>According to the State Administration for Market Regulation, in January 2021, according to the report, the State Administration for Market Regulation opened an investigation into Tencent Holdings Co., Ltd. (hereinafter referred to as Tencent) 's acquisition of equity of China Music Group in July 2016 for suspected illegal concentration of operators.</p><p>The investigation shows that the relevant market in this case is the online music playback platform market in China. Genuine music copyright is the core asset and key resource of the operation of online music playing platform. In 2016, Tencent and China Music Group had about 30% and 40% in the relevant market shares, respectively. Tencent gained a higher market share by merging with its main competitors in the market. After concentration, the entity occupied more than 80% of the exclusive music library resources, which may be able to urge the upstream copyright owners to reach more exclusive copyright agreements with them, or require them to be given better trading conditions than their competitors, or raise market entry barriers by paying high advance payment and other copyright payment modes, which has or may have the effect of excluding and restricting competition in the relevant market.</p><p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a>Gone is the rough competitive way of relying on top music copyrights to drive growth and user retention.</p><p>In 2014, QQ Music, which was still a product of Tencent at that time, had already launched an attack on NetEase Cloud Music in terms of copyright. At the end of 2014, QQ Music sued NetEase Cloud Music, claiming that 623 online music pieces such as \"Where Has Time Gone\", which NetEase Cloud Music disseminated to the public without authorization, were suspected of infringement.</p><p>In the end, the Wuhan Intermediate People's Court ruled that NetEase Cloud Music was suspected of infringement, and issued a network ban on NetEase Cloud Music, ordering it to delete relevant content. What users can perceive is that NetEase Cloud Music has more songs that have \"turned gray\". QQ Music, which has tasted the sweetness, has also begun to build its copyright empire.</p><p>A large number of early music copyrights of TME came from the merger of China Music Group (hereinafter referred to as CMC). In the early years, Ocean Music, which had signed a large number of exclusive music copyrights at a low price, successively completed the merger and acquisition of Kuwo Music and Kugou Music, and established a new \"Ocean Music Group\", which was later renamed \"China Music Group\".</p><p>At that time, online music was not favored by capital. After several IPOs hit a wall, CMC finally chose to cooperate with Tencent to merge the digital music business. On July 12, 2016, Tencent acquired CMC through a series of transactions. In January 2017, Tencent announced that QQ Music Business and CMC merged to form a new music group and changed its name to Tencent Music Entertainment Group.</p><p>After that, the TME was respectively<a href=\"https://laohu8.com/S/SNE\">Sony</a>Music Entertainment (SME), Universal Music Group (UMG) and<a href=\"https://laohu8.com/S/WMG\">Warner Music</a>Group (EWMG) cooperated to obtain the exclusive streaming media rights in China of these three global music labels, and have exclusively owned them for a long time. This puts TME far ahead in the competition with NetEase Cloud Music.</p><p>In February 2018, under the impetus of the National Copyright Administration, TME and NetEase Cloud Music reached a copyright cooperation, and the mutually authorized music works must reach 99% of their respective exclusive music works.</p><p>Judging from the figures published in the prospectus in 2018, TME had more than 20 million tracks from more than 200 domestic and foreign music labels at that time, and 1% of them were 200,000 songs. There is still enough room for operation to limit opponents.</p><p>NetEase Cloud Music re-entered into music copyright licensing cooperation with Warner and Universal Music in 2020. On May 18, 2021, NetEase Cloud Music announced that it would<a href=\"https://laohu8.com/S/SONY\">Sony</a>Music Entertainment (SME) has reached a copyright cooperation, which means that NetEase Cloud Music has also obtained the music copyrights of the world's three major record companies. NetEase Cloud Music has since completely broken TME's blockade on top record companies.</p><p>Although the territory owned by TME has been continuously reduced, it still maintains a large number of exclusive content cards, mainly in the following categories: 1) Several top Asian labels, including Modern Sky in mainland China, YG in South Korea and JVR owned by Jay Chou; 2) Several less advantageous Western label companies, such as Cooking Vinyl and Kobalt Music; 3) Music rights to popular TV and network reality shows, such as Youth With You and Creation Camp; 4) New original musicians hatched by the platform.</p><p>As early as TME's listing prospectus, there has been a risk warning on copyright issues, and its revenue model and business transformation seem to prove to the outside world that this entertainment building will not be dumped due to copyright issues. The foundation composed of rich long video content, live broadcast business and social exploration is enough to cope with the advent of risk turmoil.</p><p>In February 2021, the closure of Xiami Music, which has been in operation for 12 years and served over 100 million users, has brought more public and regulatory attention to TME. So far, there are only 3 major practitioners left.</p><p>Exclusive music copyright can no longer become the core competitiveness, and TME has once again enhanced the importance of incubating content.</p><p>On June 25, 2021, Tencent Music Group announced the establishment of a content business line, which is responsible for the overall planning, strategy formulation and overall management of music content-related businesses. On the basis of the original content cooperation department, a musician open platform department, a content studio group, a music cloud business center, a publicity market center, and a list and data product center will be set up.</p><p>Then on July 9th, TME's internal email showed that it announced the adjustment of its business lines and related personnel including QQ Music and Kuwo. In this adjustment, the QQ Music business line will set up a long audio business center, which is responsible for the product research and development of the QQ Music long audio zone; The most profitable business of Cool Music, Juxing Live, will be led by Xie Huan, an executive of Cool Dog Music; The commercialization of my music business line will be handed over to Liu Xiankai, general manager of Tencent Music's commercial advertising department.</p><p>According to the interface news report, an offline director of Kuwo Music said that the long audio business will be separated from Kuwo to form an independent BU, Kuwo's live broadcast business \"Juxing\" will be handed over to Kugou executives, and Kuwo's commercial business will be handed over to the relevant leaders of QQ Music. \"The current trend of (Kuwo) is to split the business and integrate it into other departments to ease policy pressure.\"</p><p><img src=\"https://static.tigerbbs.com/92b94122f6e8fae2bfd4b7f45c1d2891\" tg-width=\"750\" tg-height=\"2592\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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: 12.5px; color: #7E829C; margin: 0;}\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\">\nTencent was ordered to lift the exclusive copyright of music, and users can finally listen to songs well?\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086141561\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/b02e1edb8fd87972c9239aa3a01b9bc8);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">品玩 </p>\n<p class=\"h-time smaller\">2021-07-24 12:39</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>The State Administration for Market Regulation issued an announcement on July 24 to regulate<a href=\"https://laohu8.com/S/00700\">Tencent Holdings</a>Co., Ltd. ordered to lift the exclusive copyright of online music and other penalties.</p><p><b>A big difference in this punishment is that this case is the first case in which the Anti-Monopoly Law \"takes necessary measures to restore market competition\" for illegally implementing concentration of operators.</b></p><p>Previous anti-monopoly punishment methods were mostly based on \"supplementary punishment\" combination to put forward guiding requirements for the next operation, but this time Tencent clearly listed very specific rectification measures, including which agreements in the contract need to be terminated, and when to complete the termination, etc. In fact, it once again enriches the anti-monopoly law enforcement toolbox.</p><p>According to the State Administration for Market Regulation, in January 2021, according to the report, the State Administration for Market Regulation opened an investigation into Tencent Holdings Co., Ltd. (hereinafter referred to as Tencent) 's acquisition of equity of China Music Group in July 2016 for suspected illegal concentration of operators.</p><p>The investigation shows that the relevant market in this case is the online music playback platform market in China. Genuine music copyright is the core asset and key resource of the operation of online music playing platform. In 2016, Tencent and China Music Group had about 30% and 40% in the relevant market shares, respectively. Tencent gained a higher market share by merging with its main competitors in the market. After concentration, the entity occupied more than 80% of the exclusive music library resources, which may be able to urge the upstream copyright owners to reach more exclusive copyright agreements with them, or require them to be given better trading conditions than their competitors, or raise market entry barriers by paying high advance payment and other copyright payment modes, which has or may have the effect of excluding and restricting competition in the relevant market.</p><p><a href=\"https://laohu8.com/S/TME\">Tencent Music</a>Gone is the rough competitive way of relying on top music copyrights to drive growth and user retention.</p><p>In 2014, QQ Music, which was still a product of Tencent at that time, had already launched an attack on NetEase Cloud Music in terms of copyright. At the end of 2014, QQ Music sued NetEase Cloud Music, claiming that 623 online music pieces such as \"Where Has Time Gone\", which NetEase Cloud Music disseminated to the public without authorization, were suspected of infringement.</p><p>In the end, the Wuhan Intermediate People's Court ruled that NetEase Cloud Music was suspected of infringement, and issued a network ban on NetEase Cloud Music, ordering it to delete relevant content. What users can perceive is that NetEase Cloud Music has more songs that have \"turned gray\". QQ Music, which has tasted the sweetness, has also begun to build its copyright empire.</p><p>A large number of early music copyrights of TME came from the merger of China Music Group (hereinafter referred to as CMC). In the early years, Ocean Music, which had signed a large number of exclusive music copyrights at a low price, successively completed the merger and acquisition of Kuwo Music and Kugou Music, and established a new \"Ocean Music Group\", which was later renamed \"China Music Group\".</p><p>At that time, online music was not favored by capital. After several IPOs hit a wall, CMC finally chose to cooperate with Tencent to merge the digital music business. On July 12, 2016, Tencent acquired CMC through a series of transactions. In January 2017, Tencent announced that QQ Music Business and CMC merged to form a new music group and changed its name to Tencent Music Entertainment Group.</p><p>After that, the TME was respectively<a href=\"https://laohu8.com/S/SNE\">Sony</a>Music Entertainment (SME), Universal Music Group (UMG) and<a href=\"https://laohu8.com/S/WMG\">Warner Music</a>Group (EWMG) cooperated to obtain the exclusive streaming media rights in China of these three global music labels, and have exclusively owned them for a long time. This puts TME far ahead in the competition with NetEase Cloud Music.</p><p>In February 2018, under the impetus of the National Copyright Administration, TME and NetEase Cloud Music reached a copyright cooperation, and the mutually authorized music works must reach 99% of their respective exclusive music works.</p><p>Judging from the figures published in the prospectus in 2018, TME had more than 20 million tracks from more than 200 domestic and foreign music labels at that time, and 1% of them were 200,000 songs. There is still enough room for operation to limit opponents.</p><p>NetEase Cloud Music re-entered into music copyright licensing cooperation with Warner and Universal Music in 2020. On May 18, 2021, NetEase Cloud Music announced that it would<a href=\"https://laohu8.com/S/SONY\">Sony</a>Music Entertainment (SME) has reached a copyright cooperation, which means that NetEase Cloud Music has also obtained the music copyrights of the world's three major record companies. NetEase Cloud Music has since completely broken TME's blockade on top record companies.</p><p>Although the territory owned by TME has been continuously reduced, it still maintains a large number of exclusive content cards, mainly in the following categories: 1) Several top Asian labels, including Modern Sky in mainland China, YG in South Korea and JVR owned by Jay Chou; 2) Several less advantageous Western label companies, such as Cooking Vinyl and Kobalt Music; 3) Music rights to popular TV and network reality shows, such as Youth With You and Creation Camp; 4) New original musicians hatched by the platform.</p><p>As early as TME's listing prospectus, there has been a risk warning on copyright issues, and its revenue model and business transformation seem to prove to the outside world that this entertainment building will not be dumped due to copyright issues. The foundation composed of rich long video content, live broadcast business and social exploration is enough to cope with the advent of risk turmoil.</p><p>In February 2021, the closure of Xiami Music, which has been in operation for 12 years and served over 100 million users, has brought more public and regulatory attention to TME. So far, there are only 3 major practitioners left.</p><p>Exclusive music copyright can no longer become the core competitiveness, and TME has once again enhanced the importance of incubating content.</p><p>On June 25, 2021, Tencent Music Group announced the establishment of a content business line, which is responsible for the overall planning, strategy formulation and overall management of music content-related businesses. On the basis of the original content cooperation department, a musician open platform department, a content studio group, a music cloud business center, a publicity market center, and a list and data product center will be set up.</p><p>Then on July 9th, TME's internal email showed that it announced the adjustment of its business lines and related personnel including QQ Music and Kuwo. In this adjustment, the QQ Music business line will set up a long audio business center, which is responsible for the product research and development of the QQ Music long audio zone; The most profitable business of Cool Music, Juxing Live, will be led by Xie Huan, an executive of Cool Dog Music; The commercialization of my music business line will be handed over to Liu Xiankai, general manager of Tencent Music's commercial advertising department.</p><p>According to the interface news report, an offline director of Kuwo Music said that the long audio business will be separated from Kuwo to form an independent BU, Kuwo's live broadcast business \"Juxing\" will be handed over to Kugou executives, and Kuwo's commercial business will be handed over to the relevant leaders of QQ Music. \"The current trend of (Kuwo) is to split the business and integrate it into other departments to ease policy pressure.\"</p><p><img src=\"https://static.tigerbbs.com/92b94122f6e8fae2bfd4b7f45c1d2891\" tg-width=\"750\" tg-height=\"2592\" referrerpolicy=\"no-referrer\"></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/e4cfb506ffb58f1fc2c6e75a4e50dab8","relate_stocks":{},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153002933","content_text":"国家市场监管总局于7月24日发布公告，依法对腾讯控股有限公司作出责令解除网络音乐独家版权等处罚。\n此次处罚的一大不同在于，本案为《反垄断法》对违法实施经营者集中“采取必要措施恢复市场竞争状态”的第一起案件。\n此前的反垄断处罚方式多以“补罚”搭配对接下来的经营提出指导性要求为主，而此次则对腾讯明确列出了非常具体的整改措施，包括合同内哪些协议需要解除，需要在什么时间内完成解除等。事实上再次丰富了反垄断执法工具箱。\n据市场监管总局消息，2021年1月，市场监管总局根据举报，对腾讯控股有限公司（以下简称腾讯）2016年7月收购中国音乐集团股权涉嫌违法实施经营者集中行为立案调查。\n调查表明，本案相关市场为中国境内网络音乐播放平台市场。正版音乐版权是网络音乐播放平台运营的核心资产和关键性资源。2016年腾讯和中国音乐集团在相关市场份额分别为30%和40%左右，腾讯通过与市场主要竞争对手合并，获得较高的市场份额，集中后实体占有的独家曲库资源超过80%，可能有能力促使上游版权方与其达成更多独家版权协议，或要求给予其优于竞争对手的交易条件，也可能有能力通过支付高额预付金等版权付费模式提高市场进入壁垒，对相关市场具有或者可能具有排除、限制竞争效果。\n腾讯音乐靠顶级音乐版权拉动增长和用户留存的粗旷竞争方式一去不复返。\n2014年，彼时还是腾讯旗下产品的QQ音乐，就已经在版权方面对网易云音乐发起进攻。2014年末，QQ音乐曾起诉网易云音乐，称网易云音乐未经授权向公众传播的《时间都去哪了》等623首网络音乐涉嫌侵权行为。\n最终，武汉市中级人民法院判定，网易云音乐涉嫌侵权行为，对网易云音乐发出网络禁令，勒令其删除相关内容。用户能感知到的，就是网易云音乐“变灰”的歌曲多起来了。而尝到甜头的QQ音乐，也开始构建它的版权帝国。\nTME早期大量音乐版权来自于对中国音乐集团的合并（以下简称CMC）。早年已低价签下大量独家音乐版权的海洋音乐，先后完成对酷我音乐和酷狗音乐的并购，并组建起新的“海洋音乐集团”，后改名为“中国音乐集团”。\n当时，在线音乐并不受到资本青睐。在多次IPO碰壁后，CMC最终选择与腾讯合作，将数字音乐业务进行合并。2016年7月12日，腾讯通过一系列交易收购 CMC。2017年1月，腾讯宣布，QQ音乐业务和CMC合并成为新的音乐集团，并更名为腾讯音乐娱乐集团。\n之后，TME分别于索尼音乐娱乐（SME）、环球音乐集团（UMG）和华纳音乐集团（EWMG）合作，获得了这三大全球音乐厂牌的中国独家流媒体版权，并长期独家拥有。这使得TME在与网易云音乐的竞争中遥遥领先。\n2018年2月，在国家版权局的推动下，TME与网易云音乐达成版权合作，相互授权音乐作品需达到各自独家音乐作品数量99%。\n以2018年招股书上公布的数字来看，彼时TME拥有 200 多个国内外音乐厂牌的超过 2000 万首曲目，其1%则为20万首歌曲，这里面依然有足够的操作空间来限制对手。\n网易云音乐于2020年和华纳、环球音乐重新达成音乐版权授权合作。2021年5月18日，网易云音乐宣布与索尼音乐娱乐（SME）达成版权合作，这意味着网易云音乐同时获得了这全球三大唱片公司的音乐版权。网易云音乐也自此完全打破TME对顶级唱片公司的封锁。\n尽管TME所拥有的地盘被不断削减，但其仍保有大量独家内容底牌，主要有以下几类：1）几个亚洲顶级厂牌，包括中国大陆的摩登天空、韩国的YG和周杰伦拥有的JVR；2）几个不太有优势的西方厂牌公司，如Cooking Vinyl和Kobalt Music；3）热门电视和网络真人秀节目的音乐版权，如《青春有你》和《创造营》；4）平台孵化出的新原创音乐人。\n早在TME上市招股书中就已经有对版权问题进行过风险提示，而其营收模式和业务转型也似乎是在向外界证明这座娱乐大厦不会因为版权问题而倾倒，丰富的长视频内容、直播业务和对社交的探索组成的地基，足以应对风险动荡的来临。\n2021年2月，运营12年，服务过亿用户的虾米音乐的关闭，给TME带来了更多公众和监管部门的关注，至此主要从业者仅剩3家。\n独家音乐版权已无法成为核心竞争力，TME再次提升了孵化内容的重要性。\n2021年6月25日，腾讯音乐集团宣布成立内容业务线，负责音乐内容相关业务的整体规划、战略制定和统筹管理。将在原有的内容合作部的基础上成立音乐人开放平台部、内容工作室群、音乐云业务中心、宣推市场中心及榜单和数据产品中心。\n随后的7月9日，TME内部邮件显示，宣布对QQ音乐和酷我在内的业务线和相关人员进行调整。在本次调整中，QQ音乐业务线将成立长音频业务中心，负责QQ音乐长音频专区的产品研发工作；酷我音乐旗下最赚钱的业务“聚星直播”，将交由酷狗音乐的高管谢欢领导；酷我音乐业务线的商业化业务将交给腾讯音乐商业广告部总经理刘宪凯负责。\n据界面新闻报道，酷我音乐线下一位总监表示，将长音频业务从酷我剥离出去组建独立BU，将酷我的直播业务“聚星”交给酷狗高管领导，将酷我商业化业务交给QQ音乐的相关领导负责，“（酷我）现在的趋势就是拆分业务，整合进其它部门，缓解政策压力”。","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":811,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":263501845352568,"gmtCreate":1705366167310,"gmtModify":1705366170230,"author":{"id":"3569024945901577","authorId":"3569024945901577","name":"Sochkio","avatar":"https://static.tigerbbs.com/0eda332522c086f2f5a4de481a4859f7","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3569024945901577","idStr":"3569024945901577"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NVDA\">$英伟达(NVDA)$&nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/NVDA\">$英伟达(NVDA)$&nbsp;</a>","text":"$英伟达(NVDA)$","images":[{"img":"https://community-static.tradeup.com/news/149b948246afe860f1b84a1efe2e6473","width":"972","height":"1631"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/263501845352568","isVote":1,"tweetType":1,"viewCount":3346,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9902178878,"gmtCreate":1659663766296,"gmtModify":1705428778856,"author":{"id":"3569024945901577","authorId":"3569024945901577","name":"Sochkio","avatar":"https://static.tigerbbs.com/0eda332522c086f2f5a4de481a4859f7","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3569024945901577","idStr":"3569024945901577"},"themes":[],"htmlText":"🤓","listText":"🤓","text":"🤓","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9902178878","repostId":"1168440384","repostType":4,"repost":{"id":"1168440384","kind":"news","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":1659609412,"share":"https://ttm.financial/m/news/1168440384?lang=en_US&edition=fundamental","pubTime":"2022-08-04 18:36","market":"us","language":"en","title":"Alibaba Revenue Beats Despite Flat Growth Due to COVID Lockdown","url":"https://stock-news.laohu8.com/highlight/detail?id=1168440384","media":"Reuters","summary":"Aug 4 (Reuters) - China's Alibaba Group Holding Ltd, on Thursday beat market expectations for revenu","content":"<html><head></head><body><p>Aug 4 (Reuters) - China&#39;s Alibaba Group Holding Ltd, on Thursday beat market expectations for revenue in the quarter ending late June, even though growth was flat for the first time ever due to the impact of COVID-19 lockdown.</p><p>The e-commerce giant&#39;s U.S.- listed shares rose 5% in trading before the bell.</p><p><img src=\"https://static.tigerbbs.com/cde59d3849e98ca139ed7640b2d37a8f\" tg-width=\"830\" tg-height=\"619\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>China locked down dozens of cities between April and May as the infectious Omicron variant raged, with cities such as its largest and most cosmopolitan hub of Shanghai facing the harshest curbs that paralyzed intra and inter-city delivery.</p><p>In Shanghai, for instance, households for nearly the whole of April were unable to place orders from Taobao or Ele.me, Alibaba&#39;s e-commerce and food delivery sites, and instead relied on the government and roundabout channels for food and supplies. The delivery situation only slightly eased in May.</p><p>The lockdown lifted on June 1, just in time for China&#39;s annual June 18 shopping festival. However, the festival did little to boost overall business in the quarter.</p><p>&#34;Following a relatively slow April and May, we saw signs of recovery across our businesses in June. Despite near-term challenges, Taobao and Tmall continue to achieve high consumer retention, especially among consumers with higher spending power,&#34; the company said.</p><p>Revenue stood at 205.56 billion yuan ($30.43 billion)in the quarter, compared to analysts&#39; average expectation of 203.19 billion yuan, according to Refinitiv data.</p><p>Net income attributable to ordinary shareholders for the quarter ended June 30 was 22.74 billion yuan, compared to 45.14 billion yuan, a year earlier.</p><p>($1 = 6.7557 Chinese yuan renminbi)</p></body></html>","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>Alibaba Revenue Beats Despite Flat Growth Due to COVID Lockdown</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; 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}\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\">\nAlibaba Revenue Beats Despite Flat Growth Due to COVID Lockdown\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\">2022-08-04 18:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Aug 4 (Reuters) - China&#39;s Alibaba Group Holding Ltd, on Thursday beat market expectations for revenue in the quarter ending late June, even though growth was flat for the first time ever due to the impact of COVID-19 lockdown.</p><p>The e-commerce giant&#39;s U.S.- listed shares rose 5% in trading before the bell.</p><p><img src=\"https://static.tigerbbs.com/cde59d3849e98ca139ed7640b2d37a8f\" tg-width=\"830\" tg-height=\"619\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>China locked down dozens of cities between April and May as the infectious Omicron variant raged, with cities such as its largest and most cosmopolitan hub of Shanghai facing the harshest curbs that paralyzed intra and inter-city delivery.</p><p>In Shanghai, for instance, households for nearly the whole of April were unable to place orders from Taobao or Ele.me, Alibaba&#39;s e-commerce and food delivery sites, and instead relied on the government and roundabout channels for food and supplies. The delivery situation only slightly eased in May.</p><p>The lockdown lifted on June 1, just in time for China&#39;s annual June 18 shopping festival. However, the festival did little to boost overall business in the quarter.</p><p>&#34;Following a relatively slow April and May, we saw signs of recovery across our businesses in June. Despite near-term challenges, Taobao and Tmall continue to achieve high consumer retention, especially among consumers with higher spending power,&#34; the company said.</p><p>Revenue stood at 205.56 billion yuan ($30.43 billion)in the quarter, compared to analysts&#39; average expectation of 203.19 billion yuan, according to Refinitiv data.</p><p>Net income attributable to ordinary shareholders for the quarter ended June 30 was 22.74 billion yuan, compared to 45.14 billion yuan, a year earlier.</p><p>($1 = 6.7557 Chinese yuan renminbi)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168440384","content_text":"Aug 4 (Reuters) - China's Alibaba Group Holding Ltd, on Thursday beat market expectations for revenue in the quarter ending late June, even though growth was flat for the first time ever due to the impact of COVID-19 lockdown.The e-commerce giant's U.S.- listed shares rose 5% in trading before the bell.China locked down dozens of cities between April and May as the infectious Omicron variant raged, with cities such as its largest and most cosmopolitan hub of Shanghai facing the harshest curbs that paralyzed intra and inter-city delivery.In Shanghai, for instance, households for nearly the whole of April were unable to place orders from Taobao or Ele.me, Alibaba's e-commerce and food delivery sites, and instead relied on the government and roundabout channels for food and supplies. The delivery situation only slightly eased in May.The lockdown lifted on June 1, just in time for China's annual June 18 shopping festival. However, the festival did little to boost overall business in the quarter.\"Following a relatively slow April and May, we saw signs of recovery across our businesses in June. Despite near-term challenges, Taobao and Tmall continue to achieve high consumer retention, especially among consumers with higher spending power,\" the company said.Revenue stood at 205.56 billion yuan ($30.43 billion)in the quarter, compared to analysts' average expectation of 203.19 billion yuan, according to Refinitiv data.Net income attributable to ordinary shareholders for the quarter ended June 30 was 22.74 billion yuan, compared to 45.14 billion yuan, a year earlier.($1 = 6.7557 Chinese yuan renminbi)","news_type":1,"symbols_score_info":{"09988":0.9,"BABA":0.9}},"isVote":1,"tweetType":1,"viewCount":614,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9073827423,"gmtCreate":1657328447762,"gmtModify":1676535991388,"author":{"id":"3569024945901577","authorId":"3569024945901577","name":"Sochkio","avatar":"https://static.tigerbbs.com/0eda332522c086f2f5a4de481a4859f7","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3569024945901577","idStr":"3569024945901577"},"themes":[],"htmlText":"👏","listText":"👏","text":"👏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9073827423","repostId":"1152952897","repostType":4,"isVote":1,"tweetType":1,"viewCount":865,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":470393632174328,"gmtCreate":1755879576115,"gmtModify":1755879578056,"author":{"id":"3569024945901577","authorId":"3569024945901577","name":"Sochkio","avatar":"https://static.tigerbbs.com/0eda332522c086f2f5a4de481a4859f7","crmLevel":11,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3569024945901577","idStr":"3569024945901577"},"themes":[],"htmlText":"<a 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