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3 Top Tech Stocks That Could Make You Rich
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2021-06-28
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2021-06-28
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Singapore’s Carousell Explores U.S. Listing Via SPAC
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However, no matter what happens in the near term, it's likely that the tech sector will continue to produce big winners and play an outsized role in powering the overall market's gains.</p>\n<p>With that in mind, a panel of Motley Fool contributors has identified three promising technology stocks that have what it takes to crush the market. Read on to see why they think that <b>Impinj</b> (NASDAQ:PI), <b>Microsoft</b> (NASDAQ:MSFT), and a next-gen cybersecurity player discussed at the bottom have what it takes to deliver incredible performance over the long term.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/48aa1ae139d1b4e0d7d7941ca1289273\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Bringing the \"things\" to the Internet of Things</h2>\n<p><b>Keith Noonan: </b>It's probably fair to say that the Internet of Things (IoT) hasn't exactly taken the world by storm. At the very least, it's taking longer than many tech insiders and analysts anticipated.</p>\n<p>On the other hand, IoT technologies and services still have revolutionary potential, and winners in the space could deliver explosive growth. Impinj is a company that's helping to bring non-electronic objects into the expanding world of network connectivity, and I think the stock has the makings of a multibagger for risk-tolerant investors.</p>\n<p>Impinj makes radio-frequency-identification (RFID) tags, readers, and software that can turn everyday objects into transmitters of data. The basic setup is similar to a more advanced version of the barcode system, but RFID has huge advantages and allows for much more advanced software integration.</p>\n<p>Retailers including <b>Nike</b>, <b>Macy's</b>, and Zara are already using the company's solutions to improve the speed and accuracy with which they measure inventory, identify consumer trends, and cut down on theft. Companies in the clothing-and-apparel space currently drive most of Impinj's sales, but retail is far from the only market for its technologies.</p>\n<p>Impinj solutions are also already being used to track airline baggage, monitor medications and supplies in hospitals, and improve manufacturing processes. Adoption for its RFID products remains in the early stages, but there could be an explosion of new use cases and demand through the next decade and beyond.</p>\n<p>With a market capitalization of roughly $1.3 billion, Impinj is still small enough to deliver explosive growth. The stock is relatively high risk, but it could deliver explosive returns if the company's vision for a connected future pans out over the long term.</p>\n<h2>The cloud juggernaut</h2>\n<p><b>Joe Tenebruso:</b> People often shy away from investing in well-known large-cap companies, for fear that the easy money has already been made. That's a mistake. Fortunes can be made even in the best-known and largest of businesses -- and often with relatively little risk.</p>\n<p>Microsoft is <a href=\"https://laohu8.com/S/AONE\">one</a> such company. The tech titan has crushed the market in recent years, fueled by the strong performance of its cloud-based businesses.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c783ede8fec0c02f018bfb06b0662370\" tg-width=\"720\" tg-height=\"449\"><span>MSFT Total Return Price data by YCharts</span></p>\n<p>Microsoft is a giant in the rapidly expanding cloud computing industry. Its Microsoft 365 suite of productivity software -- which contains cloud-based versions of Word and Excel -- makes it easy for businesses to give their increasingly distributed workforces the tools they need to succeed.</p>\n<p>Microsoft's Azure cloud infrastructure platform is another powerful growth driver. Azure's 50% revenue growth helped to drive a 19% jump in the tech colossus' revenue -- to a staggering $41.7 billion -- in the third quarter.</p>\n<p>Microsoft's profit generation is even more impressive. Cloud-driven margin expansion led to a 44% surge in net income, to $15.5 billion.</p>\n<p>Better still, Microsoft likes to use its gushing profits to reward its investors with bountiful stock buybacks and a steadily rising dividend income stream. Together, this has helped to fuel its wealth-building share price appreciation -- and it's likely to continue to do so for many years to come.</p>\n<h2><b>America under attack: Cybersecurity is now a national security issue</b></h2>\n<p><b>Jamal Carnette:</b> Last month, cybercriminals temporarily crippled gasoline supply across the entire southeast, extorting $4.4 million from the Colonial Pipeline. Although gas shortages received the most attention, it wasn't even the most lucrative cyberattack that month as meat processor JBS quietly paid $11 million.</p>\n<p>This is more than just a temporary inconvenience: Food and gasoline aren't discretionary products but are mission critical for our society to function. It's easy to understand why our government now considers cybersecurity a national security issue.</p>\n<p>No single company will prevent bad actors entirely, but <b>Okta</b> (NASDAQ:OKTA) will play a major role. The company's suite of identity and access management (IAM) solutions ensures employees have access to the databases and tools needed to perform their jobs while preventing cybercriminals from breaching security protocols.</p>\n<p>Okta's growth thesis remains firmly intact. Businesses have been investing in the digital transformation to a work-from-anywhere culture for years. The growing utilization of cloud computing to collaborate, serve clients, and share documents will continue to grow and boost demand for Okta's suite of IAM tools.</p>\n<p>Okta's product is sticky, meaning clients are more likely to buy additional services than cancel, evidenced by Okta's dollar-based net retention rate of 120% last quarter.</p>\n<p>To date, Okta's biggest business has been focused on workforce identity but it also has an opportunity in customer identity and access management (CIAM). CIAM's aims are to provide customers security but also provide seamless transactions. A strong CIAM experience will increase engagement and lead to repeat purchases. Okta doubled down in this $30 billion total addressable market by buying Auth0 earlier this year.</p>\n<p>The key to finding great stocks is identifying upstart companies providing market leadership in a critical industry. Okta certainly fits that bill.</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 Top Tech Stocks That Could Make You Rich</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 Top Tech Stocks That Could Make You Rich\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 16:34 GMT+8 <a href=https://www.fool.com/investing/2021/06/27/3-top-tech-stocks-that-could-make-you-rich/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tech stocks have seen volatile trading across the first half of 2021, and there could be more swings on the horizon. However, no matter what happens in the near term, it's likely that the tech sector ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/27/3-top-tech-stocks-that-could-make-you-rich/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PI":"Impinj, Inc.","MSFT":"微软","OKTA":"Okta Inc."},"source_url":"https://www.fool.com/investing/2021/06/27/3-top-tech-stocks-that-could-make-you-rich/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146026710","content_text":"Tech stocks have seen volatile trading across the first half of 2021, and there could be more swings on the horizon. However, no matter what happens in the near term, it's likely that the tech sector will continue to produce big winners and play an outsized role in powering the overall market's gains.\nWith that in mind, a panel of Motley Fool contributors has identified three promising technology stocks that have what it takes to crush the market. Read on to see why they think that Impinj (NASDAQ:PI), Microsoft (NASDAQ:MSFT), and a next-gen cybersecurity player discussed at the bottom have what it takes to deliver incredible performance over the long term.\nImage source: Getty Images.\nBringing the \"things\" to the Internet of Things\nKeith Noonan: It's probably fair to say that the Internet of Things (IoT) hasn't exactly taken the world by storm. At the very least, it's taking longer than many tech insiders and analysts anticipated.\nOn the other hand, IoT technologies and services still have revolutionary potential, and winners in the space could deliver explosive growth. Impinj is a company that's helping to bring non-electronic objects into the expanding world of network connectivity, and I think the stock has the makings of a multibagger for risk-tolerant investors.\nImpinj makes radio-frequency-identification (RFID) tags, readers, and software that can turn everyday objects into transmitters of data. The basic setup is similar to a more advanced version of the barcode system, but RFID has huge advantages and allows for much more advanced software integration.\nRetailers including Nike, Macy's, and Zara are already using the company's solutions to improve the speed and accuracy with which they measure inventory, identify consumer trends, and cut down on theft. Companies in the clothing-and-apparel space currently drive most of Impinj's sales, but retail is far from the only market for its technologies.\nImpinj solutions are also already being used to track airline baggage, monitor medications and supplies in hospitals, and improve manufacturing processes. Adoption for its RFID products remains in the early stages, but there could be an explosion of new use cases and demand through the next decade and beyond.\nWith a market capitalization of roughly $1.3 billion, Impinj is still small enough to deliver explosive growth. The stock is relatively high risk, but it could deliver explosive returns if the company's vision for a connected future pans out over the long term.\nThe cloud juggernaut\nJoe Tenebruso: People often shy away from investing in well-known large-cap companies, for fear that the easy money has already been made. That's a mistake. Fortunes can be made even in the best-known and largest of businesses -- and often with relatively little risk.\nMicrosoft is one such company. The tech titan has crushed the market in recent years, fueled by the strong performance of its cloud-based businesses.\nMSFT Total Return Price data by YCharts\nMicrosoft is a giant in the rapidly expanding cloud computing industry. Its Microsoft 365 suite of productivity software -- which contains cloud-based versions of Word and Excel -- makes it easy for businesses to give their increasingly distributed workforces the tools they need to succeed.\nMicrosoft's Azure cloud infrastructure platform is another powerful growth driver. Azure's 50% revenue growth helped to drive a 19% jump in the tech colossus' revenue -- to a staggering $41.7 billion -- in the third quarter.\nMicrosoft's profit generation is even more impressive. Cloud-driven margin expansion led to a 44% surge in net income, to $15.5 billion.\nBetter still, Microsoft likes to use its gushing profits to reward its investors with bountiful stock buybacks and a steadily rising dividend income stream. Together, this has helped to fuel its wealth-building share price appreciation -- and it's likely to continue to do so for many years to come.\nAmerica under attack: Cybersecurity is now a national security issue\nJamal Carnette: Last month, cybercriminals temporarily crippled gasoline supply across the entire southeast, extorting $4.4 million from the Colonial Pipeline. Although gas shortages received the most attention, it wasn't even the most lucrative cyberattack that month as meat processor JBS quietly paid $11 million.\nThis is more than just a temporary inconvenience: Food and gasoline aren't discretionary products but are mission critical for our society to function. It's easy to understand why our government now considers cybersecurity a national security issue.\nNo single company will prevent bad actors entirely, but Okta (NASDAQ:OKTA) will play a major role. The company's suite of identity and access management (IAM) solutions ensures employees have access to the databases and tools needed to perform their jobs while preventing cybercriminals from breaching security protocols.\nOkta's growth thesis remains firmly intact. Businesses have been investing in the digital transformation to a work-from-anywhere culture for years. The growing utilization of cloud computing to collaborate, serve clients, and share documents will continue to grow and boost demand for Okta's suite of IAM tools.\nOkta's product is sticky, meaning clients are more likely to buy additional services than cancel, evidenced by Okta's dollar-based net retention rate of 120% last quarter.\nTo date, Okta's biggest business has been focused on workforce identity but it also has an opportunity in customer identity and access management (CIAM). CIAM's aims are to provide customers security but also provide seamless transactions. A strong CIAM experience will increase engagement and lead to repeat purchases. Okta doubled down in this $30 billion total addressable market by buying Auth0 earlier this year.\nThe key to finding great stocks is identifying upstart companies providing market leadership in a critical industry. Okta certainly fits that bill.","news_type":1},"isVote":1,"tweetType":1,"viewCount":220,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150024567,"gmtCreate":1624877352459,"gmtModify":1703846806784,"author":{"id":"3581999591141390","authorId":"3581999591141390","name":"Nicknamed","avatar":"https://static.tigerbbs.com/a141f4920a12e7bc38751e9bdf007321","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581999591141390","authorIdStr":"3581999591141390"},"themes":[],"htmlText":"Oo","listText":"Oo","text":"Oo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150024567","repostId":"2146884165","repostType":4,"isVote":1,"tweetType":1,"viewCount":128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150024001,"gmtCreate":1624877257203,"gmtModify":1703846805957,"author":{"id":"3581999591141390","authorId":"3581999591141390","name":"Nicknamed","avatar":"https://static.tigerbbs.com/a141f4920a12e7bc38751e9bdf007321","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581999591141390","authorIdStr":"3581999591141390"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/150024001","repostId":"1131916495","repostType":4,"repost":{"id":"1131916495","pubTimestamp":1624872448,"share":"https://ttm.financial/m/news/1131916495?lang=&edition=fundamental","pubTime":"2021-06-28 17:27","market":"us","language":"en","title":"Singapore’s Carousell Explores U.S. Listing Via SPAC","url":"https://stock-news.laohu8.com/highlight/detail?id=1131916495","media":"Bloomberg","summary":"Deal could value marketplace operator at up to $1.5 billion\nCarousell is working with an adviser on ","content":"<ul>\n <li>Deal could value marketplace operator at up to $1.5 billion</li>\n <li>Carousell is working with an adviser on the potential deal</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b3ed3ec36d0106679258e3eb726ae737\" tg-width=\"1999\" tg-height=\"1333\"><span>The Carousell Pte application on a smartphone. Photographer: Ore Huiying/Bloomberg</span></p>\n<p>Carousell Pte, a Singapore-based online classifieds marketplace operator, is considering a U.S. listing via a merger with a blank-check company, according to people with knowledge of the matter.</p>\n<p>The startup is working with an adviser on the potential transaction that could value the company at as much as $1.5 billion, said the people, who asked not to be named as the process is private. A listing through a special purpose acquisition company could take place as soon as the end of this year, the people said.</p>\n<p>Carousell would be joining a growing list of companies in Southeast Asia that are planning to go public in the U.S. via SPAC mergers. They include Malaysia’s online used-car platform Carsome Sdn. and Indonesia’s Tiket.com as well as Singapore’s PropertyGuru Pte and Grab Holdings Inc.</p>\n<p>Discussions are preliminary and details of Carousell’s listing plans could change, the people said. A representative for the company declined to comment.</p>\n<p>The company runs several online marketplaces including Carousell, Chotot.com in Vietnam, Mudah in Malaysia and OneKyat in Myanmar, according to its website. The platform Carousell was founded in 2012 and now counts Telenor Group, Rakuten Ventures, Naver, and Sequoia Capital India among its backers. The marketplace has since expanded to eight markets across Southeast Asia, Taiwan and Hong Kong, allowing users to buy and sell a diverse range of products including cars, lifestyle, gadgets, fashion accessories and even cleaning services.</p>","source":"lsy1584095487587","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>Singapore’s Carousell Explores U.S. Listing Via SPAC</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\">\nSingapore’s Carousell Explores U.S. Listing Via SPAC\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 17:27 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-06-28/singapore-s-carousell-is-said-to-explore-u-s-listing-via-spac?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Deal could value marketplace operator at up to $1.5 billion\nCarousell is working with an adviser on the potential deal\n\nThe Carousell Pte application on a smartphone. Photographer: Ore Huiying/...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-28/singapore-s-carousell-is-said-to-explore-u-s-listing-via-spac?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2021-06-28/singapore-s-carousell-is-said-to-explore-u-s-listing-via-spac?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131916495","content_text":"Deal could value marketplace operator at up to $1.5 billion\nCarousell is working with an adviser on the potential deal\n\nThe Carousell Pte application on a smartphone. Photographer: Ore Huiying/Bloomberg\nCarousell Pte, a Singapore-based online classifieds marketplace operator, is considering a U.S. listing via a merger with a blank-check company, according to people with knowledge of the matter.\nThe startup is working with an adviser on the potential transaction that could value the company at as much as $1.5 billion, said the people, who asked not to be named as the process is private. A listing through a special purpose acquisition company could take place as soon as the end of this year, the people said.\nCarousell would be joining a growing list of companies in Southeast Asia that are planning to go public in the U.S. via SPAC mergers. They include Malaysia’s online used-car platform Carsome Sdn. and Indonesia’s Tiket.com as well as Singapore’s PropertyGuru Pte and Grab Holdings Inc.\nDiscussions are preliminary and details of Carousell’s listing plans could change, the people said. A representative for the company declined to comment.\nThe company runs several online marketplaces including Carousell, Chotot.com in Vietnam, Mudah in Malaysia and OneKyat in Myanmar, according to its website. The platform Carousell was founded in 2012 and now counts Telenor Group, Rakuten Ventures, Naver, and Sequoia Capital India among its backers. The marketplace has since expanded to eight markets across Southeast Asia, Taiwan and Hong Kong, allowing users to buy and sell a diverse range of products including cars, lifestyle, gadgets, fashion accessories and even cleaning services.","news_type":1},"isVote":1,"tweetType":1,"viewCount":443,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":150024001,"gmtCreate":1624877257203,"gmtModify":1703846805957,"author":{"id":"3581999591141390","authorId":"3581999591141390","name":"Nicknamed","avatar":"https://static.tigerbbs.com/a141f4920a12e7bc38751e9bdf007321","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581999591141390","authorIdStr":"3581999591141390"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/150024001","repostId":"1131916495","repostType":4,"isVote":1,"tweetType":1,"viewCount":443,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":814323608,"gmtCreate":1630767093304,"gmtModify":1676530392243,"author":{"id":"3581999591141390","authorId":"3581999591141390","name":"Nicknamed","avatar":"https://static.tigerbbs.com/a141f4920a12e7bc38751e9bdf007321","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581999591141390","authorIdStr":"3581999591141390"},"themes":[],"htmlText":"Up up up","listText":"Up up up","text":"Up up up","images":[{"img":"https://static.tigerbbs.com/4c563cfd26f3e10266ac7e46a2410728","width":"1125","height":"3887"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/814323608","isVote":1,"tweetType":1,"viewCount":309,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":150027374,"gmtCreate":1624877376098,"gmtModify":1703846807772,"author":{"id":"3581999591141390","authorId":"3581999591141390","name":"Nicknamed","avatar":"https://static.tigerbbs.com/a141f4920a12e7bc38751e9bdf007321","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581999591141390","authorIdStr":"3581999591141390"},"themes":[],"htmlText":"Oo","listText":"Oo","text":"Oo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150027374","repostId":"2146026710","repostType":4,"isVote":1,"tweetType":1,"viewCount":220,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150024567,"gmtCreate":1624877352459,"gmtModify":1703846806784,"author":{"id":"3581999591141390","authorId":"3581999591141390","name":"Nicknamed","avatar":"https://static.tigerbbs.com/a141f4920a12e7bc38751e9bdf007321","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581999591141390","authorIdStr":"3581999591141390"},"themes":[],"htmlText":"Oo","listText":"Oo","text":"Oo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150024567","repostId":"2146884165","repostType":4,"repost":{"id":"2146884165","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":1624871029,"share":"https://ttm.financial/m/news/2146884165?lang=&edition=fundamental","pubTime":"2021-06-28 17:03","market":"hk","language":"en","title":"Baidu's EV firm Jidu hires ex-Cadillac designer -sources","url":"https://stock-news.laohu8.com/highlight/detail?id=2146884165","media":"Reuters","summary":"BEIJING, June 28 (Reuters) - Jidu Auto, a smart electric vehicle venture between China's tech giant ","content":"<p>BEIJING, June 28 (Reuters) - Jidu Auto, a smart electric vehicle venture between China's tech giant Baidu Inc and Chinese automaker Geely , has hired Frank Wu, formerly at Cadillac, to lead its design studio, three sources told Reuters.</p>\n<p>Jidu's chief executive Xia Yiping exclusively told Reuters in April that the new company, founded in January, aims to invest 50 billion yuan ($7.7 billion) into producing smart cars over the next five years.</p>\n<p>Wu previously worked for General Motors Co's premium Cadillac brand in Warren, Michigan, and led design studio of Beijing brand of Chinese state-owned automaker BAIC in Beijing.</p>\n<p>Baidu's EV making plan comes as tech companies around the world are racing to develop smart cars after Tesla's success in commercializing EVs. The collaboration is based on Geely's EV-focused platform, Sustainable <a href=\"https://laohu8.com/S/EXP.AU\">Experience</a> Architecture <a href=\"https://laohu8.com/S/SEA\">$(SEA)$</a>. Baidu currently owns 55% of Jidu and Geely has a 45% stake.</p>\n<p>Baidu and Jidu did not immediately respond to a request for comment.</p>\n<p>Shanghai and Beijing based Jidu also plans to roll out its car brand in the third quarter of 2021.</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>Baidu's EV firm Jidu hires ex-Cadillac designer -sources</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\">\nBaidu's EV firm Jidu hires ex-Cadillac designer -sources\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\">2021-06-28 17:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BEIJING, June 28 (Reuters) - Jidu Auto, a smart electric vehicle venture between China's tech giant Baidu Inc and Chinese automaker Geely , has hired Frank Wu, formerly at Cadillac, to lead its design studio, three sources told Reuters.</p>\n<p>Jidu's chief executive Xia Yiping exclusively told Reuters in April that the new company, founded in January, aims to invest 50 billion yuan ($7.7 billion) into producing smart cars over the next five years.</p>\n<p>Wu previously worked for General Motors Co's premium Cadillac brand in Warren, Michigan, and led design studio of Beijing brand of Chinese state-owned automaker BAIC in Beijing.</p>\n<p>Baidu's EV making plan comes as tech companies around the world are racing to develop smart cars after Tesla's success in commercializing EVs. The collaboration is based on Geely's EV-focused platform, Sustainable <a href=\"https://laohu8.com/S/EXP.AU\">Experience</a> Architecture <a href=\"https://laohu8.com/S/SEA\">$(SEA)$</a>. Baidu currently owns 55% of Jidu and Geely has a 45% stake.</p>\n<p>Baidu and Jidu did not immediately respond to a request for comment.</p>\n<p>Shanghai and Beijing based Jidu also plans to roll out its car brand in the third quarter of 2021.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BIDU":"百度","QNETCN":"纳斯达克中美互联网老虎指数","01958":"北京汽车","GM":"通用汽车","TSLA":"特斯拉","09888":"百度集团-SW"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146884165","content_text":"BEIJING, June 28 (Reuters) - Jidu Auto, a smart electric vehicle venture between China's tech giant Baidu Inc and Chinese automaker Geely , has hired Frank Wu, formerly at Cadillac, to lead its design studio, three sources told Reuters.\nJidu's chief executive Xia Yiping exclusively told Reuters in April that the new company, founded in January, aims to invest 50 billion yuan ($7.7 billion) into producing smart cars over the next five years.\nWu previously worked for General Motors Co's premium Cadillac brand in Warren, Michigan, and led design studio of Beijing brand of Chinese state-owned automaker BAIC in Beijing.\nBaidu's EV making plan comes as tech companies around the world are racing to develop smart cars after Tesla's success in commercializing EVs. The collaboration is based on Geely's EV-focused platform, Sustainable Experience Architecture $(SEA)$. Baidu currently owns 55% of Jidu and Geely has a 45% stake.\nBaidu and Jidu did not immediately respond to a request for comment.\nShanghai and Beijing based Jidu also plans to roll out its car brand in the third quarter of 2021.","news_type":1},"isVote":1,"tweetType":1,"viewCount":128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
