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CYloi
2022-12-14
$DJIA(.DJI)$
CYloi
2021-06-06
To the moon!!
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CYloi
2021-03-19
Yea
China, Hong Kong stocks drop as higher bond yields hit sentiment
CYloi
2021-03-19
Okay
Coupang Is Not A Buy - At Least Not Right Now
CYloi
2021-03-09
?
Big tech stocks generally rebounded
Go to Tiger App to see more news
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href=\"https://ttm.financial/S/.DJI\">$DJIA(.DJI)$ </a>","listText":"<a href=\"https://ttm.financial/S/.DJI\">$DJIA(.DJI)$ </a>","text":"$DJIA(.DJI)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9921394080","isVote":1,"tweetType":1,"viewCount":140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":115344844,"gmtCreate":1622954387788,"gmtModify":1704193748233,"author":{"id":"3575677738347457","authorId":"3575677738347457","name":"CYloi","avatar":"https://static.tigerbbs.com/fcbc9fc9aa41ffa886025dab79069951","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"To the moon!!","listText":"To the moon!!","text":"To the moon!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/115344844","repostId":"2140540596","repostType":4,"isVote":1,"tweetType":1,"viewCount":151,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":327779169,"gmtCreate":1616130841951,"gmtModify":1704791344426,"author":{"id":"3575677738347457","authorId":"3575677738347457","name":"CYloi","avatar":"https://static.tigerbbs.com/fcbc9fc9aa41ffa886025dab79069951","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Yea","listText":"Yea","text":"Yea","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/327779169","repostId":"2120044193","repostType":4,"repost":{"id":"2120044193","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":1616128104,"share":"https://www.laohu8.com/m/news/2120044193?lang=&edition=full","pubTime":"2021-03-19 12:28","market":"hk","language":"en","title":"China, Hong Kong stocks drop as higher bond yields hit sentiment","url":"https://stock-news.laohu8.com/highlight/detail?id=2120044193","media":"Reuters","summary":"BEIJING/SHANGHAI, March 19 (Reuters) - Chinese equities dropped on Friday, after a rise in global bo","content":"<p>BEIJING/SHANGHAI, March 19 (Reuters) - Chinese equities dropped on Friday, after a rise in global bond yields prompted selling in high-priced consumer and material stocks as risk sentiment soured.</p>\n<p>At the midday break, the Shanghai Composite index was down 1.04% at 3,426.91 points, while the blue-chip CSI300 index was down 1.9%.</p>\n<p>The consumer staples sector fell 2.44%, the real estate index dropped 2.48% and the materials subindex declined 2.46%.</p>\n<p>Chinese H-shares listed in Hong Kong fell 1.71% to 11,274.59, while the Hang Seng Index was down 1.55% at 28,950.83.</p>\n<p>Yields on U.S. 10-year notes spiked to the highest since early 2020 overnight, dragging down global and Asian equity markets as richly priced tech stocks declined.</p>\n<p>Market sentiment was dented further after China and the United States kicked off a rough bilateral conversation in Alaska on Thursday, with both sides making rare public rebukes</p>\n<p>The smaller Shenzhen index was down 1.22%, the start-up board ChiNext Composite index was weaker by 2.12% and Shanghai's tech-focused STAR50 index was down 0.15%.</p>\n<p>Around the region, MSCI's Asia ex-Japan stock index was weaker by 1.42% while Japan's Nikkei index was down 1.70%.</p>","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>China, Hong Kong stocks drop as higher bond yields hit sentiment</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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\">\nChina, Hong Kong stocks drop as higher bond yields hit sentiment\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\">2021-03-19 12:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BEIJING/SHANGHAI, March 19 (Reuters) - Chinese equities dropped on Friday, after a rise in global bond yields prompted selling in high-priced consumer and material stocks as risk sentiment soured.</p>\n<p>At the midday break, the Shanghai Composite index was down 1.04% at 3,426.91 points, while the blue-chip CSI300 index was down 1.9%.</p>\n<p>The consumer staples sector fell 2.44%, the real estate index dropped 2.48% and the materials subindex declined 2.46%.</p>\n<p>Chinese H-shares listed in Hong Kong fell 1.71% to 11,274.59, while the Hang Seng Index was down 1.55% at 28,950.83.</p>\n<p>Yields on U.S. 10-year notes spiked to the highest since early 2020 overnight, dragging down global and Asian equity markets as richly priced tech stocks declined.</p>\n<p>Market sentiment was dented further after China and the United States kicked off a rough bilateral conversation in Alaska on Thursday, with both sides making rare public rebukes</p>\n<p>The smaller Shenzhen index was down 1.22%, the start-up board ChiNext Composite index was weaker by 2.12% and Shanghai's tech-focused STAR50 index was down 0.15%.</p>\n<p>Around the region, MSCI's Asia ex-Japan stock index was weaker by 1.42% while Japan's Nikkei index was down 1.70%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"399001":"深证成指","399006":"创业板指","000001.SH":"上证指数","02688":"新奥能源","00883":"中国海洋石油","06186":"中国飞鹤","00241":"阿里健康","01810":"小米集团-W","HSI":"恒生指数","06862":"海底捞"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2120044193","content_text":"BEIJING/SHANGHAI, March 19 (Reuters) - Chinese equities dropped on Friday, after a rise in global bond yields prompted selling in high-priced consumer and material stocks as risk sentiment soured.\nAt the midday break, the Shanghai Composite index was down 1.04% at 3,426.91 points, while the blue-chip CSI300 index was down 1.9%.\nThe consumer staples sector fell 2.44%, the real estate index dropped 2.48% and the materials subindex declined 2.46%.\nChinese H-shares listed in Hong Kong fell 1.71% to 11,274.59, while the Hang Seng Index was down 1.55% at 28,950.83.\nYields on U.S. 10-year notes spiked to the highest since early 2020 overnight, dragging down global and Asian equity markets as richly priced tech stocks declined.\nMarket sentiment was dented further after China and the United States kicked off a rough bilateral conversation in Alaska on Thursday, with both sides making rare public rebukes\nThe smaller Shenzhen index was down 1.22%, the start-up board ChiNext Composite index was weaker by 2.12% and Shanghai's tech-focused STAR50 index was down 0.15%.\nAround the region, MSCI's Asia ex-Japan stock index was weaker by 1.42% while Japan's Nikkei index was down 1.70%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":327770796,"gmtCreate":1616130811715,"gmtModify":1704791343617,"author":{"id":"3575677738347457","authorId":"3575677738347457","name":"CYloi","avatar":"https://static.tigerbbs.com/fcbc9fc9aa41ffa886025dab79069951","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/327770796","repostId":"1177979145","repostType":4,"repost":{"id":"1177979145","pubTimestamp":1616126730,"share":"https://www.laohu8.com/m/news/1177979145?lang=&edition=full","pubTime":"2021-03-19 12:05","market":"us","language":"en","title":"Coupang Is Not A Buy - At Least Not Right Now","url":"https://stock-news.laohu8.com/highlight/detail?id=1177979145","media":"seekingalpha","summary":"Summary\n\nCoupang is the Amazon of South Korea, making them a great long-term investment.\nCoupang is ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Coupang is the Amazon of South Korea, making them a great long-term investment.</li>\n <li>Coupang is a mix of Amazon, UPS, and Doordash.</li>\n <li>However, the stock rose over 40% opening day, making it a pass.</li>\n <li>Add to your watchlist to enter when tech stocks sell off further.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6007e02f2443cff3fc482b6093ae2fe4\" tg-width=\"768\" tg-height=\"512\"><span>Photo by LeoPatrizi/E+ via Getty Images</span></p>\n<blockquote>\n How did I ever live without Coupang?\"\n</blockquote>\n<blockquote>\n -Bom Suk Kim, Founder\n</blockquote>\n<p>Coupang (CPNG) is known to be the Amazon of South Korea - and for a good reason. They have dominated their home turf to become the top online retailer in the nation. While they are not identical to Amazon(NASDAQ:AMZN), their business model is similar in many ways, making CPNG an attractive investment for long-term investors.</p>\n<p>However, like recent tech IPOs that have seen 40%+ spikes on the first day of trading, CPNG is initially overpriced. However, I would argue they are an excellent long-term investment later in the year based on their competitive advantages.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/29d4d846d6625dd56e0f232774597ae6\" tg-width=\"693\" tg-height=\"631\"><span>Source: S-1</span></p>\n<p>Brief Overview</p>\n<p>Coupang is an e-commerce platform similar to Amazon, where customers can purchase a wide variety of products with expedited shipping. They host over 200,000 merchants and hundreds of millions of SKU's providing customers with a wide variety of choices to suit their purchasing needs. The company wasfounded in 2010 by Bom Kim, the current CEO, who graduated from Harvard University and dropped out of Harvard Business School to start Coupang. Their culture is very customer-centric; throughout their S-1 is a relentless focus on making the customer happy. In an opening letter from Mr. Kim, he states, \"We want our customers to have it all,\" and \"Why force customers to choose between amazing service, low prices, and broad selection?\"</p>\n<p>Coupang received pre-IPO investments from prominent U.S. Hedge Fund managers Stanley Druckenmiller and Bill Ackman, who saw the potential of bringing the Amazon model to South Korea, where the e-commerce marketplace has been underserved. Coupang's rapid ascension is due in part to the South Korean market opportunity, which is the fourth-largest economy in Asia and the twelfth largest globally with a GDP of $1.6 trillion and GDP per capita of $31,847. Total e-commerce spend was $128 billion in 2019 and is expected to grow to $206 billion by 2024, equaling a CAGR of approximately 10%.</p>\n<p><b>Economic Moats</b></p>\n<blockquote>\n \"What we're trying to do, is we're trying to find a business with a wide and long-lasting moat around it, surrounded -- protecting a terrific economic castle with an honest lord in charge of the castle.\" -Warren Buffet.\n</blockquote>\n<p><b>Rocket WOW Membership</b></p>\n<p>Coupang has a membership program called Rocket WOW, similar to Prime, that provides unlimited free shipping with no minimums, free returns, and exclusive discounts. The cost is a mere $2.50 a month and being a part of this program also gives customers access to Rocket Dawn and Rocket Same-Day Delivery. With Rocket Dawn, if a customer places an order by midnight, even seconds before, they are promised arrival before7 am! Also, WOW members have access to two newer benefits in Rocket Fresh and Coupang Eats.</p>\n<p>Rocket Fresh provides Same-Day Delivery for fresh food such as vegetables, dairy, fruit, and meats. Since last year,Coupang has been the only e-commerce firm to deliver fresh foods directly to customer's doors in under 24 hours. Expedited shipping is vital for perishable foods, and with Coupangs massive distribution network, they can execute this type of delivery speed.</p>\n<p>Coupang Eats has piggybacked off Rocket Delivery by leveraging their technology and logistics to partner with independent restaurants to deliver food, similar to Doordash. Eats' success has become apparent by rising to the top as the largest online food delivery service in the nation.</p>\n<p>These value-added services to the WOW membership have paid dividends in growing their user base. Of Coupangs 14.8 million users,32%are WOW members whose frequency of purchases was over four times that of non-members!</p>\n<p><b>Virtuous Cycle</b></p>\n<p>Similar to Prime, Coupang's WOW Club fosters a virtuous circle. By offering unique services such as expedited shipping, Eats, and Fresh, more users sign up for the club. In turn, it increases purchases, providing more incentive for Merchants to join the platform to offer more products. Coupang generates more revenue to further invest in more offerings like Eats and Fresh, leading to more members joining.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/19e77e9fdec1003aafdd8ca3bf1f05d0\" tg-width=\"626\" tg-height=\"255\"><span>Source: S-1</span></p>\n<p>The exceptional experience customers have using Coupang is reflected in their loyalty, retention, and increase in purchasing. As shown above, the chart demonstrates a cohort for each year a new user signed up. Displayed here is that more recent cohorts have increased their spending faster than older cohorts, with their more unique offerings like Eats and Fresh likely contributing to Coupang's stickiness.</p>\n<blockquote>\n For example, the 2017 cohort spent approximately 80% more in 2018 compared to 2017. By comparison, the 2018 and 2019 cohorts spent approximately 98% and approximately 119% more, respectively, in their second years compared to their first years with us.\n</blockquote>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ad3c1f67801314390cc2189a8e5f9d0e\" tg-width=\"705\" tg-height=\"62\"><span>Source: S-1</span></p>\n<p>Furthermore, users' increased engagement and spending have translated to rapid user growth, with an increase in 2018 to 2020 from 9.1 million to 14.8 million, a 61% increase in just two years.</p>\n<p>The impressive user growth is highly encouraging to see how engaged, and loyal users of Coupang's platform are. As an American and avid Amazon customer, I can relate to many of the same perks where my experience isn't the same when I order online from Amazon's competitors. And through the years, as I have made many purchases via Amazon, my own loyalty has grown, and further disinterests me to try other eCommerce marketplaces.</p>\n<p><b>Massive Distribution and Geographic Domination</b></p>\n<p>South Korea didn't have a robust e-commerce infrastructure before Coupang. In the US, we have been fortunate to have the infrastructure built many years pre-internet with UPS (UPS) and FedEx (FDX), founded in 1907 and 1971. Thus there was a gaping hole in the logistics process, from packaging, fulfillment, shipping, and delivery in a streamlined process.</p>\n<p>In South Korea, merchants have been struggling to stitch together these highly fragmented services to create a well-integrated and end-to-end network for e-commerce. Coupang has built a massive distribution network with over 100 fulfillment and logistic centers in over 30 cities, encompassing over 25 million sq ft. Their workforce comprises over 40,000 workers, including 15,000 full-time delivery drivers guided by proprietary software, making Coupang the second-largest B2C logistics company in the nation.</p>\n<p>Coupang has strategically placed itself in critical parts of the country by building an extensive distribution network to execute its lofty delivery speed promises.Incredibly, nearly 70% of the population lives within just 7 miles of a logistics center in a country that is about 1% the size of the U.S. geographically.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/28e7ec293f8a70f4003f3c1b2c34ab52\" tg-width=\"264\" tg-height=\"324\"><span>Source: Wikimedia Commons</span></p>\n<p>What's vital here is South Korea's geography and why that matters for Coupang's distribution model compared to competitors.Over 60% of the land is mountainous, making flat land-scarce and requiring the mega fulfillment centers to be built vertically. Meaning building a large logistics center is more complex, time-intensive, and capital-intensive. So current and future competitors will have a challenging time matching Coupang's logistics in South Korea. Also, by becoming the quasi-UPS of South Korea, the logistics network they are building will be hard to compete with economically as Coupang scales which will further drive down their costs.</p>\n<p><b>Convenience and Eco-Friendly</b></p>\n<p>Part of Coupang's plan to make life unlivable for Koreans without it is making purchasing simple and easy, which they have done. Coupang has the only significant payment experience that supports \"one-tap\" buying without additional verification. In a day in age with massive fraud and online theft, building a secure one-tap purchasing experience is convenient for users.</p>\n<p>Furthermore, frictionless returns are a crucial part of the user experience, and luckily for users of Coupang, they don't have to sacrifice convenience to be eco-friendly. They are committed to frictionless transactions in concert with their devotion to waste reduction and cardboard elimination. As of 2020, they have removed cardboard boxes in over 75% of parcels and instead replaced them with their coined \"Zero Packaging\" innovation. Instead of cardboard boxes, packages get delivered in eco-bags and re-collected for reuse after each delivery. Not to mention on returns, customers can forget packing and shipping returns. Customers need to tap a button on the app and leave their items outside their door for pickup.</p>\n<p><b>Valuation and Analysis</b></p>\n<p>Coupang had a fantastic 2020, with sales growing over 90% from $6.2 billion to $11.9 billion from 2019 to 2020. The likely reason for the jump from 55% growth in 2018-2019 is the pandemic that forced many local retailers' doors to close and moved many consumers to shop online. Clearly, Coupang was a significant beneficiary from the Pandemic and will likely retain many of the consumers who never shopped online to now continue shopping online. Still, I think it's unrealistic to expect a continuation of 90% growth.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1a3a93d41e4b9d36db6febd41c059407\" tg-width=\"879\" tg-height=\"336\"><span>Source: S-1</span></p>\n<p>On IPO day, Coupang priced its shares at $35 yet finished at $49.25, a 40% pop and giving the company a hefty market cap of $84.47 billion. They are also not profitable, with a $475 million loss last year; however, their losses are dropping from $1.1 billion in 2018.</p>\n<p>Currently, they are trading at a Price to Sales (P/S) ratio of 7x, which is a significant multiple for a non-software company. On occasion, this high of a multiple for a software company can make sense because as they grow, their fixed costs stay the same and become significantly more profitable as they acquire more users. They are trading at 25x Gross Profit, a high multiple, especially with the market's current macro trends being volatile for growth stocks.</p>\n<p>Coupang is investing for the future and will continue to reinvest back into the business to build their eCommerce platform and infrastructure further; thus, they will likely not be profitable in the short term. However, I see a massive opportunity here. They mentioned they are in the early stating of advertising on their marketplace, an enormous revenue generator like Amazon receives from sellers on their platform.</p>\n<p>Overall I like their business model and believe they will continue to dominate the eCommerce market in South Korea. However, the 40% gain on day one and the volatile market makes this stock a pass for now. But add to your Watch List. If high growth tech stocks see another sell-off in the next couple of months, a better buying opportunity could arise.</p>","source":"seekingalpha","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>Coupang Is Not A Buy - At Least Not Right Now</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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\">\nCoupang Is Not A Buy - At Least Not Right Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-19 12:05 GMT+8 <a href=https://seekingalpha.com/article/4414947-coupang-not-a-buy-at-least-not-right-now><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nCoupang is the Amazon of South Korea, making them a great long-term investment.\nCoupang is a mix of Amazon, UPS, and Doordash.\nHowever, the stock rose over 40% opening day, making it a pass.\n...</p>\n\n<a href=\"https://seekingalpha.com/article/4414947-coupang-not-a-buy-at-least-not-right-now\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CPNG":"Coupang, Inc."},"source_url":"https://seekingalpha.com/article/4414947-coupang-not-a-buy-at-least-not-right-now","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1177979145","content_text":"Summary\n\nCoupang is the Amazon of South Korea, making them a great long-term investment.\nCoupang is a mix of Amazon, UPS, and Doordash.\nHowever, the stock rose over 40% opening day, making it a pass.\nAdd to your watchlist to enter when tech stocks sell off further.\n\nPhoto by LeoPatrizi/E+ via Getty Images\n\n How did I ever live without Coupang?\"\n\n\n -Bom Suk Kim, Founder\n\nCoupang (CPNG) is known to be the Amazon of South Korea - and for a good reason. They have dominated their home turf to become the top online retailer in the nation. While they are not identical to Amazon(NASDAQ:AMZN), their business model is similar in many ways, making CPNG an attractive investment for long-term investors.\nHowever, like recent tech IPOs that have seen 40%+ spikes on the first day of trading, CPNG is initially overpriced. However, I would argue they are an excellent long-term investment later in the year based on their competitive advantages.\nSource: S-1\nBrief Overview\nCoupang is an e-commerce platform similar to Amazon, where customers can purchase a wide variety of products with expedited shipping. They host over 200,000 merchants and hundreds of millions of SKU's providing customers with a wide variety of choices to suit their purchasing needs. The company wasfounded in 2010 by Bom Kim, the current CEO, who graduated from Harvard University and dropped out of Harvard Business School to start Coupang. Their culture is very customer-centric; throughout their S-1 is a relentless focus on making the customer happy. In an opening letter from Mr. Kim, he states, \"We want our customers to have it all,\" and \"Why force customers to choose between amazing service, low prices, and broad selection?\"\nCoupang received pre-IPO investments from prominent U.S. Hedge Fund managers Stanley Druckenmiller and Bill Ackman, who saw the potential of bringing the Amazon model to South Korea, where the e-commerce marketplace has been underserved. Coupang's rapid ascension is due in part to the South Korean market opportunity, which is the fourth-largest economy in Asia and the twelfth largest globally with a GDP of $1.6 trillion and GDP per capita of $31,847. Total e-commerce spend was $128 billion in 2019 and is expected to grow to $206 billion by 2024, equaling a CAGR of approximately 10%.\nEconomic Moats\n\n \"What we're trying to do, is we're trying to find a business with a wide and long-lasting moat around it, surrounded -- protecting a terrific economic castle with an honest lord in charge of the castle.\" -Warren Buffet.\n\nRocket WOW Membership\nCoupang has a membership program called Rocket WOW, similar to Prime, that provides unlimited free shipping with no minimums, free returns, and exclusive discounts. The cost is a mere $2.50 a month and being a part of this program also gives customers access to Rocket Dawn and Rocket Same-Day Delivery. With Rocket Dawn, if a customer places an order by midnight, even seconds before, they are promised arrival before7 am! Also, WOW members have access to two newer benefits in Rocket Fresh and Coupang Eats.\nRocket Fresh provides Same-Day Delivery for fresh food such as vegetables, dairy, fruit, and meats. Since last year,Coupang has been the only e-commerce firm to deliver fresh foods directly to customer's doors in under 24 hours. Expedited shipping is vital for perishable foods, and with Coupangs massive distribution network, they can execute this type of delivery speed.\nCoupang Eats has piggybacked off Rocket Delivery by leveraging their technology and logistics to partner with independent restaurants to deliver food, similar to Doordash. Eats' success has become apparent by rising to the top as the largest online food delivery service in the nation.\nThese value-added services to the WOW membership have paid dividends in growing their user base. Of Coupangs 14.8 million users,32%are WOW members whose frequency of purchases was over four times that of non-members!\nVirtuous Cycle\nSimilar to Prime, Coupang's WOW Club fosters a virtuous circle. By offering unique services such as expedited shipping, Eats, and Fresh, more users sign up for the club. In turn, it increases purchases, providing more incentive for Merchants to join the platform to offer more products. Coupang generates more revenue to further invest in more offerings like Eats and Fresh, leading to more members joining.\nSource: S-1\nThe exceptional experience customers have using Coupang is reflected in their loyalty, retention, and increase in purchasing. As shown above, the chart demonstrates a cohort for each year a new user signed up. Displayed here is that more recent cohorts have increased their spending faster than older cohorts, with their more unique offerings like Eats and Fresh likely contributing to Coupang's stickiness.\n\n For example, the 2017 cohort spent approximately 80% more in 2018 compared to 2017. By comparison, the 2018 and 2019 cohorts spent approximately 98% and approximately 119% more, respectively, in their second years compared to their first years with us.\n\nSource: S-1\nFurthermore, users' increased engagement and spending have translated to rapid user growth, with an increase in 2018 to 2020 from 9.1 million to 14.8 million, a 61% increase in just two years.\nThe impressive user growth is highly encouraging to see how engaged, and loyal users of Coupang's platform are. As an American and avid Amazon customer, I can relate to many of the same perks where my experience isn't the same when I order online from Amazon's competitors. And through the years, as I have made many purchases via Amazon, my own loyalty has grown, and further disinterests me to try other eCommerce marketplaces.\nMassive Distribution and Geographic Domination\nSouth Korea didn't have a robust e-commerce infrastructure before Coupang. In the US, we have been fortunate to have the infrastructure built many years pre-internet with UPS (UPS) and FedEx (FDX), founded in 1907 and 1971. Thus there was a gaping hole in the logistics process, from packaging, fulfillment, shipping, and delivery in a streamlined process.\nIn South Korea, merchants have been struggling to stitch together these highly fragmented services to create a well-integrated and end-to-end network for e-commerce. Coupang has built a massive distribution network with over 100 fulfillment and logistic centers in over 30 cities, encompassing over 25 million sq ft. Their workforce comprises over 40,000 workers, including 15,000 full-time delivery drivers guided by proprietary software, making Coupang the second-largest B2C logistics company in the nation.\nCoupang has strategically placed itself in critical parts of the country by building an extensive distribution network to execute its lofty delivery speed promises.Incredibly, nearly 70% of the population lives within just 7 miles of a logistics center in a country that is about 1% the size of the U.S. geographically.\nSource: Wikimedia Commons\nWhat's vital here is South Korea's geography and why that matters for Coupang's distribution model compared to competitors.Over 60% of the land is mountainous, making flat land-scarce and requiring the mega fulfillment centers to be built vertically. Meaning building a large logistics center is more complex, time-intensive, and capital-intensive. So current and future competitors will have a challenging time matching Coupang's logistics in South Korea. Also, by becoming the quasi-UPS of South Korea, the logistics network they are building will be hard to compete with economically as Coupang scales which will further drive down their costs.\nConvenience and Eco-Friendly\nPart of Coupang's plan to make life unlivable for Koreans without it is making purchasing simple and easy, which they have done. Coupang has the only significant payment experience that supports \"one-tap\" buying without additional verification. In a day in age with massive fraud and online theft, building a secure one-tap purchasing experience is convenient for users.\nFurthermore, frictionless returns are a crucial part of the user experience, and luckily for users of Coupang, they don't have to sacrifice convenience to be eco-friendly. They are committed to frictionless transactions in concert with their devotion to waste reduction and cardboard elimination. As of 2020, they have removed cardboard boxes in over 75% of parcels and instead replaced them with their coined \"Zero Packaging\" innovation. Instead of cardboard boxes, packages get delivered in eco-bags and re-collected for reuse after each delivery. Not to mention on returns, customers can forget packing and shipping returns. Customers need to tap a button on the app and leave their items outside their door for pickup.\nValuation and Analysis\nCoupang had a fantastic 2020, with sales growing over 90% from $6.2 billion to $11.9 billion from 2019 to 2020. The likely reason for the jump from 55% growth in 2018-2019 is the pandemic that forced many local retailers' doors to close and moved many consumers to shop online. Clearly, Coupang was a significant beneficiary from the Pandemic and will likely retain many of the consumers who never shopped online to now continue shopping online. Still, I think it's unrealistic to expect a continuation of 90% growth.\nSource: S-1\nOn IPO day, Coupang priced its shares at $35 yet finished at $49.25, a 40% pop and giving the company a hefty market cap of $84.47 billion. They are also not profitable, with a $475 million loss last year; however, their losses are dropping from $1.1 billion in 2018.\nCurrently, they are trading at a Price to Sales (P/S) ratio of 7x, which is a significant multiple for a non-software company. On occasion, this high of a multiple for a software company can make sense because as they grow, their fixed costs stay the same and become significantly more profitable as they acquire more users. They are trading at 25x Gross Profit, a high multiple, especially with the market's current macro trends being volatile for growth stocks.\nCoupang is investing for the future and will continue to reinvest back into the business to build their eCommerce platform and infrastructure further; thus, they will likely not be profitable in the short term. However, I see a massive opportunity here. They mentioned they are in the early stating of advertising on their marketplace, an enormous revenue generator like Amazon receives from sellers on their platform.\nOverall I like their business model and believe they will continue to dominate the eCommerce market in South Korea. However, the 40% gain on day one and the volatile market makes this stock a pass for now. But add to your Watch List. If high growth tech stocks see another sell-off in the next couple of months, a better buying opportunity could arise.","news_type":1},"isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323308496,"gmtCreate":1615301924915,"gmtModify":1704780867054,"author":{"id":"3575677738347457","authorId":"3575677738347457","name":"CYloi","avatar":"https://static.tigerbbs.com/fcbc9fc9aa41ffa886025dab79069951","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/323308496","repostId":"1104249492","repostType":4,"repost":{"id":"1104249492","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1615301870,"share":"https://www.laohu8.com/m/news/1104249492?lang=&edition=full","pubTime":"2021-03-09 22:57","market":"us","language":"en","title":"Big tech stocks generally rebounded","url":"https://stock-news.laohu8.com/highlight/detail?id=1104249492","media":"老虎资讯综合","summary":"Nasdaq jumps 3%,Apple,Amazon,Netflix shares up more than 3%,Facebook,Microsoft and Alphabet stock ar","content":"<p>Nasdaq jumps 3%,Apple,Amazon,Netflix shares up more than 3%,Facebook,Microsoft and Alphabet stock are up more than 2%.U.S.Tesla shares up nearly 9%. stocks jumped on Tuesday after bond yields declined, causing investors to buy the dip in beaten-up technology shares.</p><p><img src=\"https://static.tigerbbs.com/119ff6c22c3cb9d420887fc53d5191ac\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><img src=\"https://static.tigerbbs.com/4cb6db20fe62d989da8d248d72fd2871\" tg-width=\"367\" tg-height=\"356\" referrerpolicy=\"no-referrer\"></p><p></p>","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>Big tech stocks generally rebounded</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ 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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\">\nBig tech stocks generally rebounded\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-03-09 22:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Nasdaq jumps 3%,Apple,Amazon,Netflix shares up more than 3%,Facebook,Microsoft and Alphabet stock are up more than 2%.U.S.Tesla shares up nearly 9%. stocks jumped on Tuesday after bond yields declined, causing investors to buy the dip in beaten-up technology shares.</p><p><img src=\"https://static.tigerbbs.com/119ff6c22c3cb9d420887fc53d5191ac\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><img src=\"https://static.tigerbbs.com/4cb6db20fe62d989da8d248d72fd2871\" tg-width=\"367\" tg-height=\"356\" referrerpolicy=\"no-referrer\"></p><p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","NFLX":"奈飞","AMZN":"亚马逊",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","AAPL":"苹果","GOOGL":"谷歌A","TSLA":"特斯拉","MSFT":"微软"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104249492","content_text":"Nasdaq jumps 3%,Apple,Amazon,Netflix shares up more than 3%,Facebook,Microsoft and Alphabet stock are up more than 2%.U.S.Tesla shares up nearly 9%. stocks jumped on Tuesday after bond yields declined, causing investors to buy the dip in beaten-up technology shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":327779169,"gmtCreate":1616130841951,"gmtModify":1704791344426,"author":{"id":"3575677738347457","authorId":"3575677738347457","name":"CYloi","avatar":"https://static.tigerbbs.com/fcbc9fc9aa41ffa886025dab79069951","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Yea","listText":"Yea","text":"Yea","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/327779169","repostId":"2120044193","repostType":4,"repost":{"id":"2120044193","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":1616128104,"share":"https://www.laohu8.com/m/news/2120044193?lang=&edition=full","pubTime":"2021-03-19 12:28","market":"hk","language":"en","title":"China, Hong Kong stocks drop as higher bond yields hit sentiment","url":"https://stock-news.laohu8.com/highlight/detail?id=2120044193","media":"Reuters","summary":"BEIJING/SHANGHAI, March 19 (Reuters) - Chinese equities dropped on Friday, after a rise in global bo","content":"<p>BEIJING/SHANGHAI, March 19 (Reuters) - Chinese equities dropped on Friday, after a rise in global bond yields prompted selling in high-priced consumer and material stocks as risk sentiment soured.</p>\n<p>At the midday break, the Shanghai Composite index was down 1.04% at 3,426.91 points, while the blue-chip CSI300 index was down 1.9%.</p>\n<p>The consumer staples sector fell 2.44%, the real estate index dropped 2.48% and the materials subindex declined 2.46%.</p>\n<p>Chinese H-shares listed in Hong Kong fell 1.71% to 11,274.59, while the Hang Seng Index was down 1.55% at 28,950.83.</p>\n<p>Yields on U.S. 10-year notes spiked to the highest since early 2020 overnight, dragging down global and Asian equity markets as richly priced tech stocks declined.</p>\n<p>Market sentiment was dented further after China and the United States kicked off a rough bilateral conversation in Alaska on Thursday, with both sides making rare public rebukes</p>\n<p>The smaller Shenzhen index was down 1.22%, the start-up board ChiNext Composite index was weaker by 2.12% and Shanghai's tech-focused STAR50 index was down 0.15%.</p>\n<p>Around the region, MSCI's Asia ex-Japan stock index was weaker by 1.42% while Japan's Nikkei index was down 1.70%.</p>","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>China, Hong Kong stocks drop as higher bond yields hit sentiment</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ 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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\">\nChina, Hong Kong stocks drop as higher bond yields hit sentiment\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\">2021-03-19 12:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BEIJING/SHANGHAI, March 19 (Reuters) - Chinese equities dropped on Friday, after a rise in global bond yields prompted selling in high-priced consumer and material stocks as risk sentiment soured.</p>\n<p>At the midday break, the Shanghai Composite index was down 1.04% at 3,426.91 points, while the blue-chip CSI300 index was down 1.9%.</p>\n<p>The consumer staples sector fell 2.44%, the real estate index dropped 2.48% and the materials subindex declined 2.46%.</p>\n<p>Chinese H-shares listed in Hong Kong fell 1.71% to 11,274.59, while the Hang Seng Index was down 1.55% at 28,950.83.</p>\n<p>Yields on U.S. 10-year notes spiked to the highest since early 2020 overnight, dragging down global and Asian equity markets as richly priced tech stocks declined.</p>\n<p>Market sentiment was dented further after China and the United States kicked off a rough bilateral conversation in Alaska on Thursday, with both sides making rare public rebukes</p>\n<p>The smaller Shenzhen index was down 1.22%, the start-up board ChiNext Composite index was weaker by 2.12% and Shanghai's tech-focused STAR50 index was down 0.15%.</p>\n<p>Around the region, MSCI's Asia ex-Japan stock index was weaker by 1.42% while Japan's Nikkei index was down 1.70%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"399001":"深证成指","399006":"创业板指","000001.SH":"上证指数","02688":"新奥能源","00883":"中国海洋石油","06186":"中国飞鹤","00241":"阿里健康","01810":"小米集团-W","HSI":"恒生指数","06862":"海底捞"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2120044193","content_text":"BEIJING/SHANGHAI, March 19 (Reuters) - Chinese equities dropped on Friday, after a rise in global bond yields prompted selling in high-priced consumer and material stocks as risk sentiment soured.\nAt the midday break, the Shanghai Composite index was down 1.04% at 3,426.91 points, while the blue-chip CSI300 index was down 1.9%.\nThe consumer staples sector fell 2.44%, the real estate index dropped 2.48% and the materials subindex declined 2.46%.\nChinese H-shares listed in Hong Kong fell 1.71% to 11,274.59, while the Hang Seng Index was down 1.55% at 28,950.83.\nYields on U.S. 10-year notes spiked to the highest since early 2020 overnight, dragging down global and Asian equity markets as richly priced tech stocks declined.\nMarket sentiment was dented further after China and the United States kicked off a rough bilateral conversation in Alaska on Thursday, with both sides making rare public rebukes\nThe smaller Shenzhen index was down 1.22%, the start-up board ChiNext Composite index was weaker by 2.12% and Shanghai's tech-focused STAR50 index was down 0.15%.\nAround the region, MSCI's Asia ex-Japan stock index was weaker by 1.42% while Japan's Nikkei index was down 1.70%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":327770796,"gmtCreate":1616130811715,"gmtModify":1704791343617,"author":{"id":"3575677738347457","authorId":"3575677738347457","name":"CYloi","avatar":"https://static.tigerbbs.com/fcbc9fc9aa41ffa886025dab79069951","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Okay","listText":"Okay","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/327770796","repostId":"1177979145","repostType":4,"repost":{"id":"1177979145","pubTimestamp":1616126730,"share":"https://www.laohu8.com/m/news/1177979145?lang=&edition=full","pubTime":"2021-03-19 12:05","market":"us","language":"en","title":"Coupang Is Not A Buy - At Least Not Right Now","url":"https://stock-news.laohu8.com/highlight/detail?id=1177979145","media":"seekingalpha","summary":"Summary\n\nCoupang is the Amazon of South Korea, making them a great long-term investment.\nCoupang is ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Coupang is the Amazon of South Korea, making them a great long-term investment.</li>\n <li>Coupang is a mix of Amazon, UPS, and Doordash.</li>\n <li>However, the stock rose over 40% opening day, making it a pass.</li>\n <li>Add to your watchlist to enter when tech stocks sell off further.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6007e02f2443cff3fc482b6093ae2fe4\" tg-width=\"768\" tg-height=\"512\"><span>Photo by LeoPatrizi/E+ via Getty Images</span></p>\n<blockquote>\n How did I ever live without Coupang?\"\n</blockquote>\n<blockquote>\n -Bom Suk Kim, Founder\n</blockquote>\n<p>Coupang (CPNG) is known to be the Amazon of South Korea - and for a good reason. They have dominated their home turf to become the top online retailer in the nation. While they are not identical to Amazon(NASDAQ:AMZN), their business model is similar in many ways, making CPNG an attractive investment for long-term investors.</p>\n<p>However, like recent tech IPOs that have seen 40%+ spikes on the first day of trading, CPNG is initially overpriced. However, I would argue they are an excellent long-term investment later in the year based on their competitive advantages.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/29d4d846d6625dd56e0f232774597ae6\" tg-width=\"693\" tg-height=\"631\"><span>Source: S-1</span></p>\n<p>Brief Overview</p>\n<p>Coupang is an e-commerce platform similar to Amazon, where customers can purchase a wide variety of products with expedited shipping. They host over 200,000 merchants and hundreds of millions of SKU's providing customers with a wide variety of choices to suit their purchasing needs. The company wasfounded in 2010 by Bom Kim, the current CEO, who graduated from Harvard University and dropped out of Harvard Business School to start Coupang. Their culture is very customer-centric; throughout their S-1 is a relentless focus on making the customer happy. In an opening letter from Mr. Kim, he states, \"We want our customers to have it all,\" and \"Why force customers to choose between amazing service, low prices, and broad selection?\"</p>\n<p>Coupang received pre-IPO investments from prominent U.S. Hedge Fund managers Stanley Druckenmiller and Bill Ackman, who saw the potential of bringing the Amazon model to South Korea, where the e-commerce marketplace has been underserved. Coupang's rapid ascension is due in part to the South Korean market opportunity, which is the fourth-largest economy in Asia and the twelfth largest globally with a GDP of $1.6 trillion and GDP per capita of $31,847. Total e-commerce spend was $128 billion in 2019 and is expected to grow to $206 billion by 2024, equaling a CAGR of approximately 10%.</p>\n<p><b>Economic Moats</b></p>\n<blockquote>\n \"What we're trying to do, is we're trying to find a business with a wide and long-lasting moat around it, surrounded -- protecting a terrific economic castle with an honest lord in charge of the castle.\" -Warren Buffet.\n</blockquote>\n<p><b>Rocket WOW Membership</b></p>\n<p>Coupang has a membership program called Rocket WOW, similar to Prime, that provides unlimited free shipping with no minimums, free returns, and exclusive discounts. The cost is a mere $2.50 a month and being a part of this program also gives customers access to Rocket Dawn and Rocket Same-Day Delivery. With Rocket Dawn, if a customer places an order by midnight, even seconds before, they are promised arrival before7 am! Also, WOW members have access to two newer benefits in Rocket Fresh and Coupang Eats.</p>\n<p>Rocket Fresh provides Same-Day Delivery for fresh food such as vegetables, dairy, fruit, and meats. Since last year,Coupang has been the only e-commerce firm to deliver fresh foods directly to customer's doors in under 24 hours. Expedited shipping is vital for perishable foods, and with Coupangs massive distribution network, they can execute this type of delivery speed.</p>\n<p>Coupang Eats has piggybacked off Rocket Delivery by leveraging their technology and logistics to partner with independent restaurants to deliver food, similar to Doordash. Eats' success has become apparent by rising to the top as the largest online food delivery service in the nation.</p>\n<p>These value-added services to the WOW membership have paid dividends in growing their user base. Of Coupangs 14.8 million users,32%are WOW members whose frequency of purchases was over four times that of non-members!</p>\n<p><b>Virtuous Cycle</b></p>\n<p>Similar to Prime, Coupang's WOW Club fosters a virtuous circle. By offering unique services such as expedited shipping, Eats, and Fresh, more users sign up for the club. In turn, it increases purchases, providing more incentive for Merchants to join the platform to offer more products. Coupang generates more revenue to further invest in more offerings like Eats and Fresh, leading to more members joining.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/19e77e9fdec1003aafdd8ca3bf1f05d0\" tg-width=\"626\" tg-height=\"255\"><span>Source: S-1</span></p>\n<p>The exceptional experience customers have using Coupang is reflected in their loyalty, retention, and increase in purchasing. As shown above, the chart demonstrates a cohort for each year a new user signed up. Displayed here is that more recent cohorts have increased their spending faster than older cohorts, with their more unique offerings like Eats and Fresh likely contributing to Coupang's stickiness.</p>\n<blockquote>\n For example, the 2017 cohort spent approximately 80% more in 2018 compared to 2017. By comparison, the 2018 and 2019 cohorts spent approximately 98% and approximately 119% more, respectively, in their second years compared to their first years with us.\n</blockquote>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ad3c1f67801314390cc2189a8e5f9d0e\" tg-width=\"705\" tg-height=\"62\"><span>Source: S-1</span></p>\n<p>Furthermore, users' increased engagement and spending have translated to rapid user growth, with an increase in 2018 to 2020 from 9.1 million to 14.8 million, a 61% increase in just two years.</p>\n<p>The impressive user growth is highly encouraging to see how engaged, and loyal users of Coupang's platform are. As an American and avid Amazon customer, I can relate to many of the same perks where my experience isn't the same when I order online from Amazon's competitors. And through the years, as I have made many purchases via Amazon, my own loyalty has grown, and further disinterests me to try other eCommerce marketplaces.</p>\n<p><b>Massive Distribution and Geographic Domination</b></p>\n<p>South Korea didn't have a robust e-commerce infrastructure before Coupang. In the US, we have been fortunate to have the infrastructure built many years pre-internet with UPS (UPS) and FedEx (FDX), founded in 1907 and 1971. Thus there was a gaping hole in the logistics process, from packaging, fulfillment, shipping, and delivery in a streamlined process.</p>\n<p>In South Korea, merchants have been struggling to stitch together these highly fragmented services to create a well-integrated and end-to-end network for e-commerce. Coupang has built a massive distribution network with over 100 fulfillment and logistic centers in over 30 cities, encompassing over 25 million sq ft. Their workforce comprises over 40,000 workers, including 15,000 full-time delivery drivers guided by proprietary software, making Coupang the second-largest B2C logistics company in the nation.</p>\n<p>Coupang has strategically placed itself in critical parts of the country by building an extensive distribution network to execute its lofty delivery speed promises.Incredibly, nearly 70% of the population lives within just 7 miles of a logistics center in a country that is about 1% the size of the U.S. geographically.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/28e7ec293f8a70f4003f3c1b2c34ab52\" tg-width=\"264\" tg-height=\"324\"><span>Source: Wikimedia Commons</span></p>\n<p>What's vital here is South Korea's geography and why that matters for Coupang's distribution model compared to competitors.Over 60% of the land is mountainous, making flat land-scarce and requiring the mega fulfillment centers to be built vertically. Meaning building a large logistics center is more complex, time-intensive, and capital-intensive. So current and future competitors will have a challenging time matching Coupang's logistics in South Korea. Also, by becoming the quasi-UPS of South Korea, the logistics network they are building will be hard to compete with economically as Coupang scales which will further drive down their costs.</p>\n<p><b>Convenience and Eco-Friendly</b></p>\n<p>Part of Coupang's plan to make life unlivable for Koreans without it is making purchasing simple and easy, which they have done. Coupang has the only significant payment experience that supports \"one-tap\" buying without additional verification. In a day in age with massive fraud and online theft, building a secure one-tap purchasing experience is convenient for users.</p>\n<p>Furthermore, frictionless returns are a crucial part of the user experience, and luckily for users of Coupang, they don't have to sacrifice convenience to be eco-friendly. They are committed to frictionless transactions in concert with their devotion to waste reduction and cardboard elimination. As of 2020, they have removed cardboard boxes in over 75% of parcels and instead replaced them with their coined \"Zero Packaging\" innovation. Instead of cardboard boxes, packages get delivered in eco-bags and re-collected for reuse after each delivery. Not to mention on returns, customers can forget packing and shipping returns. Customers need to tap a button on the app and leave their items outside their door for pickup.</p>\n<p><b>Valuation and Analysis</b></p>\n<p>Coupang had a fantastic 2020, with sales growing over 90% from $6.2 billion to $11.9 billion from 2019 to 2020. The likely reason for the jump from 55% growth in 2018-2019 is the pandemic that forced many local retailers' doors to close and moved many consumers to shop online. Clearly, Coupang was a significant beneficiary from the Pandemic and will likely retain many of the consumers who never shopped online to now continue shopping online. Still, I think it's unrealistic to expect a continuation of 90% growth.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1a3a93d41e4b9d36db6febd41c059407\" tg-width=\"879\" tg-height=\"336\"><span>Source: S-1</span></p>\n<p>On IPO day, Coupang priced its shares at $35 yet finished at $49.25, a 40% pop and giving the company a hefty market cap of $84.47 billion. They are also not profitable, with a $475 million loss last year; however, their losses are dropping from $1.1 billion in 2018.</p>\n<p>Currently, they are trading at a Price to Sales (P/S) ratio of 7x, which is a significant multiple for a non-software company. On occasion, this high of a multiple for a software company can make sense because as they grow, their fixed costs stay the same and become significantly more profitable as they acquire more users. They are trading at 25x Gross Profit, a high multiple, especially with the market's current macro trends being volatile for growth stocks.</p>\n<p>Coupang is investing for the future and will continue to reinvest back into the business to build their eCommerce platform and infrastructure further; thus, they will likely not be profitable in the short term. However, I see a massive opportunity here. They mentioned they are in the early stating of advertising on their marketplace, an enormous revenue generator like Amazon receives from sellers on their platform.</p>\n<p>Overall I like their business model and believe they will continue to dominate the eCommerce market in South Korea. However, the 40% gain on day one and the volatile market makes this stock a pass for now. But add to your Watch List. If high growth tech stocks see another sell-off in the next couple of months, a better buying opportunity could arise.</p>","source":"seekingalpha","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>Coupang Is Not A Buy - At Least Not Right Now</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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\">\nCoupang Is Not A Buy - At Least Not Right Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-19 12:05 GMT+8 <a href=https://seekingalpha.com/article/4414947-coupang-not-a-buy-at-least-not-right-now><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nCoupang is the Amazon of South Korea, making them a great long-term investment.\nCoupang is a mix of Amazon, UPS, and Doordash.\nHowever, the stock rose over 40% opening day, making it a pass.\n...</p>\n\n<a href=\"https://seekingalpha.com/article/4414947-coupang-not-a-buy-at-least-not-right-now\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CPNG":"Coupang, Inc."},"source_url":"https://seekingalpha.com/article/4414947-coupang-not-a-buy-at-least-not-right-now","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1177979145","content_text":"Summary\n\nCoupang is the Amazon of South Korea, making them a great long-term investment.\nCoupang is a mix of Amazon, UPS, and Doordash.\nHowever, the stock rose over 40% opening day, making it a pass.\nAdd to your watchlist to enter when tech stocks sell off further.\n\nPhoto by LeoPatrizi/E+ via Getty Images\n\n How did I ever live without Coupang?\"\n\n\n -Bom Suk Kim, Founder\n\nCoupang (CPNG) is known to be the Amazon of South Korea - and for a good reason. They have dominated their home turf to become the top online retailer in the nation. While they are not identical to Amazon(NASDAQ:AMZN), their business model is similar in many ways, making CPNG an attractive investment for long-term investors.\nHowever, like recent tech IPOs that have seen 40%+ spikes on the first day of trading, CPNG is initially overpriced. However, I would argue they are an excellent long-term investment later in the year based on their competitive advantages.\nSource: S-1\nBrief Overview\nCoupang is an e-commerce platform similar to Amazon, where customers can purchase a wide variety of products with expedited shipping. They host over 200,000 merchants and hundreds of millions of SKU's providing customers with a wide variety of choices to suit their purchasing needs. The company wasfounded in 2010 by Bom Kim, the current CEO, who graduated from Harvard University and dropped out of Harvard Business School to start Coupang. Their culture is very customer-centric; throughout their S-1 is a relentless focus on making the customer happy. In an opening letter from Mr. Kim, he states, \"We want our customers to have it all,\" and \"Why force customers to choose between amazing service, low prices, and broad selection?\"\nCoupang received pre-IPO investments from prominent U.S. Hedge Fund managers Stanley Druckenmiller and Bill Ackman, who saw the potential of bringing the Amazon model to South Korea, where the e-commerce marketplace has been underserved. Coupang's rapid ascension is due in part to the South Korean market opportunity, which is the fourth-largest economy in Asia and the twelfth largest globally with a GDP of $1.6 trillion and GDP per capita of $31,847. Total e-commerce spend was $128 billion in 2019 and is expected to grow to $206 billion by 2024, equaling a CAGR of approximately 10%.\nEconomic Moats\n\n \"What we're trying to do, is we're trying to find a business with a wide and long-lasting moat around it, surrounded -- protecting a terrific economic castle with an honest lord in charge of the castle.\" -Warren Buffet.\n\nRocket WOW Membership\nCoupang has a membership program called Rocket WOW, similar to Prime, that provides unlimited free shipping with no minimums, free returns, and exclusive discounts. The cost is a mere $2.50 a month and being a part of this program also gives customers access to Rocket Dawn and Rocket Same-Day Delivery. With Rocket Dawn, if a customer places an order by midnight, even seconds before, they are promised arrival before7 am! Also, WOW members have access to two newer benefits in Rocket Fresh and Coupang Eats.\nRocket Fresh provides Same-Day Delivery for fresh food such as vegetables, dairy, fruit, and meats. Since last year,Coupang has been the only e-commerce firm to deliver fresh foods directly to customer's doors in under 24 hours. Expedited shipping is vital for perishable foods, and with Coupangs massive distribution network, they can execute this type of delivery speed.\nCoupang Eats has piggybacked off Rocket Delivery by leveraging their technology and logistics to partner with independent restaurants to deliver food, similar to Doordash. Eats' success has become apparent by rising to the top as the largest online food delivery service in the nation.\nThese value-added services to the WOW membership have paid dividends in growing their user base. Of Coupangs 14.8 million users,32%are WOW members whose frequency of purchases was over four times that of non-members!\nVirtuous Cycle\nSimilar to Prime, Coupang's WOW Club fosters a virtuous circle. By offering unique services such as expedited shipping, Eats, and Fresh, more users sign up for the club. In turn, it increases purchases, providing more incentive for Merchants to join the platform to offer more products. Coupang generates more revenue to further invest in more offerings like Eats and Fresh, leading to more members joining.\nSource: S-1\nThe exceptional experience customers have using Coupang is reflected in their loyalty, retention, and increase in purchasing. As shown above, the chart demonstrates a cohort for each year a new user signed up. Displayed here is that more recent cohorts have increased their spending faster than older cohorts, with their more unique offerings like Eats and Fresh likely contributing to Coupang's stickiness.\n\n For example, the 2017 cohort spent approximately 80% more in 2018 compared to 2017. By comparison, the 2018 and 2019 cohorts spent approximately 98% and approximately 119% more, respectively, in their second years compared to their first years with us.\n\nSource: S-1\nFurthermore, users' increased engagement and spending have translated to rapid user growth, with an increase in 2018 to 2020 from 9.1 million to 14.8 million, a 61% increase in just two years.\nThe impressive user growth is highly encouraging to see how engaged, and loyal users of Coupang's platform are. As an American and avid Amazon customer, I can relate to many of the same perks where my experience isn't the same when I order online from Amazon's competitors. And through the years, as I have made many purchases via Amazon, my own loyalty has grown, and further disinterests me to try other eCommerce marketplaces.\nMassive Distribution and Geographic Domination\nSouth Korea didn't have a robust e-commerce infrastructure before Coupang. In the US, we have been fortunate to have the infrastructure built many years pre-internet with UPS (UPS) and FedEx (FDX), founded in 1907 and 1971. Thus there was a gaping hole in the logistics process, from packaging, fulfillment, shipping, and delivery in a streamlined process.\nIn South Korea, merchants have been struggling to stitch together these highly fragmented services to create a well-integrated and end-to-end network for e-commerce. Coupang has built a massive distribution network with over 100 fulfillment and logistic centers in over 30 cities, encompassing over 25 million sq ft. Their workforce comprises over 40,000 workers, including 15,000 full-time delivery drivers guided by proprietary software, making Coupang the second-largest B2C logistics company in the nation.\nCoupang has strategically placed itself in critical parts of the country by building an extensive distribution network to execute its lofty delivery speed promises.Incredibly, nearly 70% of the population lives within just 7 miles of a logistics center in a country that is about 1% the size of the U.S. geographically.\nSource: Wikimedia Commons\nWhat's vital here is South Korea's geography and why that matters for Coupang's distribution model compared to competitors.Over 60% of the land is mountainous, making flat land-scarce and requiring the mega fulfillment centers to be built vertically. Meaning building a large logistics center is more complex, time-intensive, and capital-intensive. So current and future competitors will have a challenging time matching Coupang's logistics in South Korea. Also, by becoming the quasi-UPS of South Korea, the logistics network they are building will be hard to compete with economically as Coupang scales which will further drive down their costs.\nConvenience and Eco-Friendly\nPart of Coupang's plan to make life unlivable for Koreans without it is making purchasing simple and easy, which they have done. Coupang has the only significant payment experience that supports \"one-tap\" buying without additional verification. In a day in age with massive fraud and online theft, building a secure one-tap purchasing experience is convenient for users.\nFurthermore, frictionless returns are a crucial part of the user experience, and luckily for users of Coupang, they don't have to sacrifice convenience to be eco-friendly. They are committed to frictionless transactions in concert with their devotion to waste reduction and cardboard elimination. As of 2020, they have removed cardboard boxes in over 75% of parcels and instead replaced them with their coined \"Zero Packaging\" innovation. Instead of cardboard boxes, packages get delivered in eco-bags and re-collected for reuse after each delivery. Not to mention on returns, customers can forget packing and shipping returns. Customers need to tap a button on the app and leave their items outside their door for pickup.\nValuation and Analysis\nCoupang had a fantastic 2020, with sales growing over 90% from $6.2 billion to $11.9 billion from 2019 to 2020. The likely reason for the jump from 55% growth in 2018-2019 is the pandemic that forced many local retailers' doors to close and moved many consumers to shop online. Clearly, Coupang was a significant beneficiary from the Pandemic and will likely retain many of the consumers who never shopped online to now continue shopping online. Still, I think it's unrealistic to expect a continuation of 90% growth.\nSource: S-1\nOn IPO day, Coupang priced its shares at $35 yet finished at $49.25, a 40% pop and giving the company a hefty market cap of $84.47 billion. They are also not profitable, with a $475 million loss last year; however, their losses are dropping from $1.1 billion in 2018.\nCurrently, they are trading at a Price to Sales (P/S) ratio of 7x, which is a significant multiple for a non-software company. On occasion, this high of a multiple for a software company can make sense because as they grow, their fixed costs stay the same and become significantly more profitable as they acquire more users. They are trading at 25x Gross Profit, a high multiple, especially with the market's current macro trends being volatile for growth stocks.\nCoupang is investing for the future and will continue to reinvest back into the business to build their eCommerce platform and infrastructure further; thus, they will likely not be profitable in the short term. However, I see a massive opportunity here. They mentioned they are in the early stating of advertising on their marketplace, an enormous revenue generator like Amazon receives from sellers on their platform.\nOverall I like their business model and believe they will continue to dominate the eCommerce market in South Korea. However, the 40% gain on day one and the volatile market makes this stock a pass for now. But add to your Watch List. If high growth tech stocks see another sell-off in the next couple of months, a better buying opportunity could arise.","news_type":1},"isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9921394080,"gmtCreate":1670975720941,"gmtModify":1676538468837,"author":{"id":"3575677738347457","authorId":"3575677738347457","name":"CYloi","avatar":"https://static.tigerbbs.com/fcbc9fc9aa41ffa886025dab79069951","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/.DJI\">$DJIA(.DJI)$ </a>","listText":"<a href=\"https://ttm.financial/S/.DJI\">$DJIA(.DJI)$ </a>","text":"$DJIA(.DJI)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9921394080","isVote":1,"tweetType":1,"viewCount":140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":115344844,"gmtCreate":1622954387788,"gmtModify":1704193748233,"author":{"id":"3575677738347457","authorId":"3575677738347457","name":"CYloi","avatar":"https://static.tigerbbs.com/fcbc9fc9aa41ffa886025dab79069951","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"To the moon!!","listText":"To the moon!!","text":"To the moon!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/115344844","repostId":"2140540596","repostType":4,"repost":{"id":"2140540596","pubTimestamp":1622820692,"share":"https://www.laohu8.com/m/news/2140540596?lang=&edition=full","pubTime":"2021-06-04 23:31","market":"us","language":"en","title":"3 Technology Stocks You Can Buy and Hold for the Next Decade","url":"https://stock-news.laohu8.com/highlight/detail?id=2140540596","media":"Motley Fool","summary":"It can be tough to get married to stocks -- especially tech -- but here are three to leave alone for the long haul.","content":"<p>Let's be honest. A lot of people say their positions in flashy technology companies are meant to be long-term holdings, but they're really just an effort to make a quick buck. And that's OK. Any profitable trade is technically a good trade. If you can get in and out at the right time, so be it.</p>\n<p>Thing is, there are plenty of tech names that are more than just flash-in-the-pan prospects, and are better suited for holding periods measured in years rather than weeks.</p>\n<p>Here's a closer look at three such technology companies. Not only will they be just as impressive 10 years from now as they are today, but their stocks should be trading at much higher prices.</p>\n<h2>Microsoft</h2>\n<p>It's tough to imagine a world without <b>Microsoft</b> (NASDAQ:MSFT). Its Windows operating system is installed on three-fourths of the world's desktops and laptops, according to GlobalStats, and its Office productivity software remains the gold standard for the category. <b>Sony</b>'s PlayStation gaming console enjoys more worldwide market share than Microsoft's Xbox, but the Xbox is closing the gap, and is still the most popular game console in the U.S.</p>\n<p>And these are things consumers can readily see. There's a whole different unseen array of Microsoft-made products that are doing similarly well. For instance, Canalys reports Microsoft's cloud computing business accounted for a second-best 19% of the world's first-quarter cloud infrastructure spending, and the company continues to close the gap with market-leader <b>Amazon</b>.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/362a8a5cb8d412d4e3895fa185d236b7\" tg-width=\"700\" tg-height=\"484\"><span>Image source: Getty Images.</span></p>\n<p>Now take a step back and ask a thoughtful, critical question: Is there any chance the world will have less need for computers, cloud computing, productivity software, or game consoles 10 years from now?</p>\n<p>Any reasonable and realistic answer has to be \"no.\" Indeed, it would be surprising if demand for these products and services wasn't considerably greater a decade from now. Being a market leader in multiple categories, Microsoft can steer the market's ongoing growth in a way that serves itself best. For example, the Windows operating system comes with trial versions of Office software pre-installed.</p>\n<p>Bolstering the bullish argument for long-term ownership of Microsoft is the company's evolving business model. Access to Azure, Office, and even video games can now be utilized on a monthly subscription basis, accessible via the cloud. This shift not only makes the company's products more affordable to begin using but also gives Microsoft a better chance of keeping those customers by making it easy to update and upgrade software.</p>\n<p>Last year, the last time Microsoft disclosed such data, it had already lined up more than $100 billion worth of subscription cloud revenue that had yet to be booked -- a figure that continues to edge upward.</p>\n<h2><a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a></h2>\n<p>Even after several high-profile cybersecurity gaffes embarrassed organizations ranging from <b>Target </b>to <b>Equifax</b> to Yahoo!, some of the world's most important companies are still being hacked. Most recently, Colonial Pipeline agreed to fork over $4.4 million to a computer hacking group known as Darkside to regain control of its 5,500 miles worth of refined oil pipelines.</p>\n<p>These things are preventable. They're just not being prevented, as too many organizations don't utilize all the digital defenses available to them. Perhaps the Colonial Pipeline debacle will encourage procurement of this protection.</p>\n<p>Enter <b>Palo Alto Networks</b> (NYSE:PANW). Simply put, Palo Alto offers software preventing unauthorized access to a company's network, internal apps, and data. It's even got a ransomware protection solution in its lineup that might have been able to save Colonial Pipeline a few million bucks.</p>\n<p>The opportunity is incredible, and should remain so for a while. P&S Intelligence believes the cybersecurity market will grow at an average annual pace of 12.6%, from 2019's $120 billion to $434 billion by 2030. That's a lot, but it's only a fraction of the $10.5 trillion that Cybersecurity Ventures believes cybercrime will cost the world in 2025 alone if enterprises don't step up their digital defense games.</p>\n<p>Palo Alto is doing fine, logging more than seven consecutive years of rising revenue as more and more outfits build their digital moats. Given the outlook, more of the same kind of growth is in the cards for a while.</p>\n<h2>International Business Machines</h2>\n<p>Finally, add <b>International Business Machines</b> (NYSE:IBM) to your list of technology stocks to buy and hold for the next decade.</p>\n<p>Yes, this is the same IBM that failed to respond to the advent of things like cloud computing, mobile devices, and all that goes with both. The company's \"strategic imperatives\" plan unveiled in 2015 was meant to steer the company away from a legacy mainframe business that was already dying and toward more contemporary opportunities like the aforementioned cloud and mobile security. By and large, though, it was too little too late.</p>\n<p>The IBM of today, however, isn't the IBM from even as recently as two years ago. It's ready to compete where it counts.</p>\n<p>Take last month's revelation of new technologies capable of fabricating a 2-nanometer microchip as an example. The microscopic measure is in reference to how small a chip's transistors can be made and still function properly. The smaller, the better, as smaller transistors consume less power, operate faster, and require less space when room is a factor. For perspective, 7-nanometer chips are the best the market has to offer right now.</p>\n<p>It's not just more functional chips IBM is starting to develop, either. Just within the past few weeks, the company has unveiled a way for data centers to more efficiently store and retrieve data, and launched AutoSQL, which is capable of retrieving data eight times faster than previous approaches are. Both technologies have a myriad of potential uses, including in the artificial intelligence arena.</p>\n<p>Read between the lines. This isn't yesteryear's IBM.</p>\n<p>It could still take years for the company to fully monetize these and other breakthroughs, but they're worth the wait.</p>","source":"fool_stock","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>3 Technology Stocks You Can Buy and Hold for the Next Decade</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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\">\n3 Technology Stocks You Can Buy and Hold for the Next Decade\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-04 23:31 GMT+8 <a href=https://www.fool.com/investing/2021/06/04/3-technology-stocks-you-can-buy-and-hold-for-the-n/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Let's be honest. A lot of people say their positions in flashy technology companies are meant to be long-term holdings, but they're really just an effort to make a quick buck. And that's OK. Any ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/04/3-technology-stocks-you-can-buy-and-hold-for-the-n/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","PANW":"Palo Alto Networks","IBM":"IBM"},"source_url":"https://www.fool.com/investing/2021/06/04/3-technology-stocks-you-can-buy-and-hold-for-the-n/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2140540596","content_text":"Let's be honest. A lot of people say their positions in flashy technology companies are meant to be long-term holdings, but they're really just an effort to make a quick buck. And that's OK. Any profitable trade is technically a good trade. If you can get in and out at the right time, so be it.\nThing is, there are plenty of tech names that are more than just flash-in-the-pan prospects, and are better suited for holding periods measured in years rather than weeks.\nHere's a closer look at three such technology companies. Not only will they be just as impressive 10 years from now as they are today, but their stocks should be trading at much higher prices.\nMicrosoft\nIt's tough to imagine a world without Microsoft (NASDAQ:MSFT). Its Windows operating system is installed on three-fourths of the world's desktops and laptops, according to GlobalStats, and its Office productivity software remains the gold standard for the category. Sony's PlayStation gaming console enjoys more worldwide market share than Microsoft's Xbox, but the Xbox is closing the gap, and is still the most popular game console in the U.S.\nAnd these are things consumers can readily see. There's a whole different unseen array of Microsoft-made products that are doing similarly well. For instance, Canalys reports Microsoft's cloud computing business accounted for a second-best 19% of the world's first-quarter cloud infrastructure spending, and the company continues to close the gap with market-leader Amazon.\nImage source: Getty Images.\nNow take a step back and ask a thoughtful, critical question: Is there any chance the world will have less need for computers, cloud computing, productivity software, or game consoles 10 years from now?\nAny reasonable and realistic answer has to be \"no.\" Indeed, it would be surprising if demand for these products and services wasn't considerably greater a decade from now. Being a market leader in multiple categories, Microsoft can steer the market's ongoing growth in a way that serves itself best. For example, the Windows operating system comes with trial versions of Office software pre-installed.\nBolstering the bullish argument for long-term ownership of Microsoft is the company's evolving business model. Access to Azure, Office, and even video games can now be utilized on a monthly subscription basis, accessible via the cloud. This shift not only makes the company's products more affordable to begin using but also gives Microsoft a better chance of keeping those customers by making it easy to update and upgrade software.\nLast year, the last time Microsoft disclosed such data, it had already lined up more than $100 billion worth of subscription cloud revenue that had yet to be booked -- a figure that continues to edge upward.\nPalo Alto Networks\nEven after several high-profile cybersecurity gaffes embarrassed organizations ranging from Target to Equifax to Yahoo!, some of the world's most important companies are still being hacked. Most recently, Colonial Pipeline agreed to fork over $4.4 million to a computer hacking group known as Darkside to regain control of its 5,500 miles worth of refined oil pipelines.\nThese things are preventable. They're just not being prevented, as too many organizations don't utilize all the digital defenses available to them. Perhaps the Colonial Pipeline debacle will encourage procurement of this protection.\nEnter Palo Alto Networks (NYSE:PANW). Simply put, Palo Alto offers software preventing unauthorized access to a company's network, internal apps, and data. It's even got a ransomware protection solution in its lineup that might have been able to save Colonial Pipeline a few million bucks.\nThe opportunity is incredible, and should remain so for a while. P&S Intelligence believes the cybersecurity market will grow at an average annual pace of 12.6%, from 2019's $120 billion to $434 billion by 2030. That's a lot, but it's only a fraction of the $10.5 trillion that Cybersecurity Ventures believes cybercrime will cost the world in 2025 alone if enterprises don't step up their digital defense games.\nPalo Alto is doing fine, logging more than seven consecutive years of rising revenue as more and more outfits build their digital moats. Given the outlook, more of the same kind of growth is in the cards for a while.\nInternational Business Machines\nFinally, add International Business Machines (NYSE:IBM) to your list of technology stocks to buy and hold for the next decade.\nYes, this is the same IBM that failed to respond to the advent of things like cloud computing, mobile devices, and all that goes with both. The company's \"strategic imperatives\" plan unveiled in 2015 was meant to steer the company away from a legacy mainframe business that was already dying and toward more contemporary opportunities like the aforementioned cloud and mobile security. By and large, though, it was too little too late.\nThe IBM of today, however, isn't the IBM from even as recently as two years ago. It's ready to compete where it counts.\nTake last month's revelation of new technologies capable of fabricating a 2-nanometer microchip as an example. The microscopic measure is in reference to how small a chip's transistors can be made and still function properly. The smaller, the better, as smaller transistors consume less power, operate faster, and require less space when room is a factor. For perspective, 7-nanometer chips are the best the market has to offer right now.\nIt's not just more functional chips IBM is starting to develop, either. Just within the past few weeks, the company has unveiled a way for data centers to more efficiently store and retrieve data, and launched AutoSQL, which is capable of retrieving data eight times faster than previous approaches are. Both technologies have a myriad of potential uses, including in the artificial intelligence arena.\nRead between the lines. This isn't yesteryear's IBM.\nIt could still take years for the company to fully monetize these and other breakthroughs, but they're worth the wait.","news_type":1},"isVote":1,"tweetType":1,"viewCount":151,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":323308496,"gmtCreate":1615301924915,"gmtModify":1704780867054,"author":{"id":"3575677738347457","authorId":"3575677738347457","name":"CYloi","avatar":"https://static.tigerbbs.com/fcbc9fc9aa41ffa886025dab79069951","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/323308496","repostId":"1104249492","repostType":4,"repost":{"id":"1104249492","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1615301870,"share":"https://www.laohu8.com/m/news/1104249492?lang=&edition=full","pubTime":"2021-03-09 22:57","market":"us","language":"en","title":"Big tech stocks generally rebounded","url":"https://stock-news.laohu8.com/highlight/detail?id=1104249492","media":"老虎资讯综合","summary":"Nasdaq jumps 3%,Apple,Amazon,Netflix shares up more than 3%,Facebook,Microsoft and Alphabet stock ar","content":"<p>Nasdaq jumps 3%,Apple,Amazon,Netflix shares up more than 3%,Facebook,Microsoft and Alphabet stock are up more than 2%.U.S.Tesla shares up nearly 9%. stocks jumped on Tuesday after bond yields declined, causing investors to buy the dip in beaten-up technology shares.</p><p><img src=\"https://static.tigerbbs.com/119ff6c22c3cb9d420887fc53d5191ac\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><img src=\"https://static.tigerbbs.com/4cb6db20fe62d989da8d248d72fd2871\" tg-width=\"367\" tg-height=\"356\" referrerpolicy=\"no-referrer\"></p><p></p>","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>Big tech stocks generally rebounded</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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\">\nBig tech stocks generally rebounded\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-03-09 22:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Nasdaq jumps 3%,Apple,Amazon,Netflix shares up more than 3%,Facebook,Microsoft and Alphabet stock are up more than 2%.U.S.Tesla shares up nearly 9%. stocks jumped on Tuesday after bond yields declined, causing investors to buy the dip in beaten-up technology shares.</p><p><img src=\"https://static.tigerbbs.com/119ff6c22c3cb9d420887fc53d5191ac\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><img src=\"https://static.tigerbbs.com/4cb6db20fe62d989da8d248d72fd2871\" tg-width=\"367\" tg-height=\"356\" referrerpolicy=\"no-referrer\"></p><p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","NFLX":"奈飞","AMZN":"亚马逊",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","AAPL":"苹果","GOOGL":"谷歌A","TSLA":"特斯拉","MSFT":"微软"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104249492","content_text":"Nasdaq jumps 3%,Apple,Amazon,Netflix shares up more than 3%,Facebook,Microsoft and Alphabet stock are up more than 2%.U.S.Tesla shares up nearly 9%. stocks jumped on Tuesday after bond yields declined, causing investors to buy the dip in beaten-up technology shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
