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2021-07-21

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With slowing revenue growth and difficulty in user growth, is Momo entering the "product seeding" business to save itself?

2021-07-16

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Similar to the approach taken by XPeng! Nio meets the Hong Kong stock listing standards better.

2021-07-16

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Judging from the product images revealed so far, the Raspberry APP is more similar to Xiaohongshu, where users can create notes and interact and share with users in the same city. AI Finance contacted Momo for verification, but they did not respond directly.</p><p>Some analysts say that Momo is facing growth bottlenecks in terms of revenue and users in the area of stranger social networking, and the company is trying to explore launching new products to seek a breakthrough.</p><p>traffic anxiety</p><p>Momo was founded in 2011 and listed on NASDAQ in the United States in December 2014. On its first day of trading, its stock price closed at $17.02, a 26.07% increase from the issue price. The company's market capitalization reached $3.174 billion. Its founder and CEO, Tang Yan, was Momo's largest shareholder at the time, with a net worth of over $800 million.</p><p>After its IPO, 2015-2017 was a golden period for Momo's development. By 2018, its stock price had reached a peak of over $50, with a total market capitalization of tens of billions of US dollars. However, its revenue growth rate began to decline continuously after that. Since the first quarter of 2018, Momo's revenue growth rate has declined for 10 consecutive quarters.</p><p>In 2020, Momo's total revenue was 15.024 billion yuan, a year-on-year decrease of 11.7%; Net profit was 2.104 billion yuan, a year-on-year decrease of 29.2%.</p><p>While both revenue and net profit declined, Momo's monthly active users also performed poorly. Its monthly active users were 113.3 million, 114.5 million, and 113.8 million in 2018, 2019, and 2020, respectively, with virtually no growth. Momo's Q1 2021 financial report released in June this year showed that in March 2021, the monthly active users of Momo's main APP grew to 115.3 million, but the growth rate was still relatively small. This is a fatal problem for a social media app.</p><p><img src=\"https://static.tigerbbs.com/ad7e74d5f2908b124e1cbd3d8e99341f\" tg-width=\"688\" tg-height=\"421\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>In terms of profitability, Momo's revenue at the beginning of its IPO mainly consisted of three parts: user membership fees, game revenue and other categories (including paid emojis, mobile marketing, etc.). In the fourth quarter of 2015, Momo introduced its live streaming business, which has since become Momo's main source of revenue. But with<a href=\"https://laohu8.com/S/DYIN\">TikTok</a>The rise of apps like Kuaishou and oul has led to competition for streamers, and its live streaming business is gradually \"unable to hold on\".</p><p>In the first quarter of 2020, Momo's live streaming service revenue was 2.332 billion yuan, a year-on-year decrease of 13%. Momo explained this by the impact of the pandemic, which led to a decrease in the willingness of top users to pay. However, in the first quarter of 2021, its live streaming revenue continued to decline by 16% to 1.962 billion yuan.</p><p>It is worth mentioning that Soul, another social software launched in 2016, applied for an IPO in the United States in May 2021, with a valuation of up to $2 billion. However, the day before its listing on June 23, it suddenly announced the suspension of its IPO.</p><p>Soul focuses on \"Soul social networking\" and once claimed to be the \"first social networking stock in metaverse\". According to its prospectus, Soul recorded net losses of RMB 299.5 million, RMB 488 million and RMB 383 million in 2019, 2020 and the first quarter of 2021 respectively, with monthly active users of 11.5 million, 20.8 million and 33.2 million respectively during the same period. During the reporting period, Soul's advertising expenses reached 197 million yuan, 600 million yuan, and 460 million yuan, respectively. Soul's user growth was achieved by investing huge sums in advertising.</p><p>However, this also shows that not only Momo, but all domestic social software companies are facing difficulties in profitability and user growth. Creating new products and seeking a second growth curve has become an inevitable choice for them.</p><p><img src=\"https://static.tigerbbs.com/1a08f5f91648dd332ad73f536550a98d\" tg-width=\"2500\" tg-height=\"1662\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Major manufacturers are vying to \"plant\" products.</p><p>According to media reports, sources indicate that the Raspberry APP is preparing to move closer to Xiaohongshu.</p><p>According to AI Finance, the \"product seeding\" business has actually become a target for many major internet companies.</p><p>In May 2019,<a href=\"https://laohu8.com/S/ZH\">Zhihu</a>A product called \"CHAO Community\" was quietly launched. In the application email sent to users, it said, \"This is a trendy men's product recommendation community. There are some men who know how to play CHAO, and there are men's favorite trendy outfits, popular sneakers, fun interests and cutting-edge technology products.\"</p><p>Later, the APP was updated to a trendy toy community, and its description changed from \"recommending good products for male users and providing information on trendy items\" to \"a toy world that both boys and girls can play with\".</p><p>February 2020,<a href=\"https://laohu8.com/S/PDD\">Pinduoduo</a>The APP has launched \"Pin Xiaoquan,\" where users can share their shopping records for other users to like and comment on. Pinduoduo officially stated that the feature \"allows consumers to understand real product reviews, resolve trust issues, and provide a reference for consumers' purchasing decisions.\" In this way, users can make decisions about recommending and removing products based on their friends' buying experiences.</p><p>In May 2021, Alibaba launched \"Foodie Notes,\" positioned as a food recommendation product, with content formats including text, images, and short videos.</p><p>according to<a href=\"https://laohu8.com/S/600030\">CITIC Securities</a>The report states that, unlike traffic marketing models, the \"product recommendation\" marketing model, which provides audiences with an intuitive and authentic experience, is generally more popular with Generation Z. However, the products of the three companies mentioned above have not yet made a significant splash. Looking back at Xiaohongshu, a domestic celebrity product recommendation company, it not only faces numerous difficulties in monetizing its traffic, but also receives a constant stream of negative news such as fake notes and pornography. Recently, it has been rumored that it has abandoned its plan to list in the United States due to strengthened regulations.</p><p>Momo and others have started the \"product recommendation\" business, and the traffic anxiety behind it is understandable, but the future may not be as bright as they imagine.</p><p><img src=\"https://static.tigerbbs.com/2cb2c166b7715ad3d797e7179a80f103\" tg-width=\"2500\" tg-height=\"1667\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>","source":"tencent","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>With slowing revenue growth and difficulty in user growth, is Momo entering the \"product seeding\" business to save itself?</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: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWith slowing revenue growth and difficulty in user growth, is Momo entering the \"product seeding\" business to save itself?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">AI财经社</strong><span class=\"h-time small\">2021-07-21 23:00</span>\n</p>\n</h4>\n</header>\n<article>\n<p>According to recent media reports,<a href=\"https://laohu8.com/S/MOMO\">Momo</a>A social APP called \"Raspberry\" will be launched soon. Judging from the product images revealed so far, the Raspberry APP is more similar to Xiaohongshu, where users can create notes and interact and share with users in the same city. AI Finance contacted Momo for verification, but they did not respond directly.</p><p>Some analysts say that Momo is facing growth bottlenecks in terms of revenue and users in the area of stranger social networking, and the company is trying to explore launching new products to seek a breakthrough.</p><p>traffic anxiety</p><p>Momo was founded in 2011 and listed on NASDAQ in the United States in December 2014. On its first day of trading, its stock price closed at $17.02, a 26.07% increase from the issue price. The company's market capitalization reached $3.174 billion. Its founder and CEO, Tang Yan, was Momo's largest shareholder at the time, with a net worth of over $800 million.</p><p>After its IPO, 2015-2017 was a golden period for Momo's development. By 2018, its stock price had reached a peak of over $50, with a total market capitalization of tens of billions of US dollars. However, its revenue growth rate began to decline continuously after that. Since the first quarter of 2018, Momo's revenue growth rate has declined for 10 consecutive quarters.</p><p>In 2020, Momo's total revenue was 15.024 billion yuan, a year-on-year decrease of 11.7%; Net profit was 2.104 billion yuan, a year-on-year decrease of 29.2%.</p><p>While both revenue and net profit declined, Momo's monthly active users also performed poorly. Its monthly active users were 113.3 million, 114.5 million, and 113.8 million in 2018, 2019, and 2020, respectively, with virtually no growth. Momo's Q1 2021 financial report released in June this year showed that in March 2021, the monthly active users of Momo's main APP grew to 115.3 million, but the growth rate was still relatively small. This is a fatal problem for a social media app.</p><p><img src=\"https://static.tigerbbs.com/ad7e74d5f2908b124e1cbd3d8e99341f\" tg-width=\"688\" tg-height=\"421\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>In terms of profitability, Momo's revenue at the beginning of its IPO mainly consisted of three parts: user membership fees, game revenue and other categories (including paid emojis, mobile marketing, etc.). In the fourth quarter of 2015, Momo introduced its live streaming business, which has since become Momo's main source of revenue. But with<a href=\"https://laohu8.com/S/DYIN\">TikTok</a>The rise of apps like Kuaishou and oul has led to competition for streamers, and its live streaming business is gradually \"unable to hold on\".</p><p>In the first quarter of 2020, Momo's live streaming service revenue was 2.332 billion yuan, a year-on-year decrease of 13%. Momo explained this by the impact of the pandemic, which led to a decrease in the willingness of top users to pay. However, in the first quarter of 2021, its live streaming revenue continued to decline by 16% to 1.962 billion yuan.</p><p>It is worth mentioning that Soul, another social software launched in 2016, applied for an IPO in the United States in May 2021, with a valuation of up to $2 billion. However, the day before its listing on June 23, it suddenly announced the suspension of its IPO.</p><p>Soul focuses on \"Soul social networking\" and once claimed to be the \"first social networking stock in metaverse\". According to its prospectus, Soul recorded net losses of RMB 299.5 million, RMB 488 million and RMB 383 million in 2019, 2020 and the first quarter of 2021 respectively, with monthly active users of 11.5 million, 20.8 million and 33.2 million respectively during the same period. During the reporting period, Soul's advertising expenses reached 197 million yuan, 600 million yuan, and 460 million yuan, respectively. Soul's user growth was achieved by investing huge sums in advertising.</p><p>However, this also shows that not only Momo, but all domestic social software companies are facing difficulties in profitability and user growth. Creating new products and seeking a second growth curve has become an inevitable choice for them.</p><p><img src=\"https://static.tigerbbs.com/1a08f5f91648dd332ad73f536550a98d\" tg-width=\"2500\" tg-height=\"1662\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Major manufacturers are vying to \"plant\" products.</p><p>According to media reports, sources indicate that the Raspberry APP is preparing to move closer to Xiaohongshu.</p><p>According to AI Finance, the \"product seeding\" business has actually become a target for many major internet companies.</p><p>In May 2019,<a href=\"https://laohu8.com/S/ZH\">Zhihu</a>A product called \"CHAO Community\" was quietly launched. In the application email sent to users, it said, \"This is a trendy men's product recommendation community. There are some men who know how to play CHAO, and there are men's favorite trendy outfits, popular sneakers, fun interests and cutting-edge technology products.\"</p><p>Later, the APP was updated to a trendy toy community, and its description changed from \"recommending good products for male users and providing information on trendy items\" to \"a toy world that both boys and girls can play with\".</p><p>February 2020,<a href=\"https://laohu8.com/S/PDD\">Pinduoduo</a>The APP has launched \"Pin Xiaoquan,\" where users can share their shopping records for other users to like and comment on. Pinduoduo officially stated that the feature \"allows consumers to understand real product reviews, resolve trust issues, and provide a reference for consumers' purchasing decisions.\" In this way, users can make decisions about recommending and removing products based on their friends' buying experiences.</p><p>In May 2021, Alibaba launched \"Foodie Notes,\" positioned as a food recommendation product, with content formats including text, images, and short videos.</p><p>according to<a href=\"https://laohu8.com/S/600030\">CITIC Securities</a>The report states that, unlike traffic marketing models, the \"product recommendation\" marketing model, which provides audiences with an intuitive and authentic experience, is generally more popular with Generation Z. However, the products of the three companies mentioned above have not yet made a significant splash. Looking back at Xiaohongshu, a domestic celebrity product recommendation company, it not only faces numerous difficulties in monetizing its traffic, but also receives a constant stream of negative news such as fake notes and pornography. Recently, it has been rumored that it has abandoned its plan to list in the United States due to strengthened regulations.</p><p>Momo and others have started the \"product recommendation\" business, and the traffic anxiety behind it is understandable, but the future may not be as bright as they imagine.</p><p><img src=\"https://static.tigerbbs.com/2cb2c166b7715ad3d797e7179a80f103\" tg-width=\"2500\" tg-height=\"1667\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021072121052379d5f905&s=b\">AI财经社</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/2cb2c166b7715ad3d797e7179a80f103","relate_stocks":{"MOMO":"挚文集团"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021072121052379d5f905&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2153264615","content_text":"日前据媒体报道，陌陌将于近期推出一款种草社交类APP“树莓”，从目前透露出产品图上看，树莓APP更类似于小红书，用户可以在上面创作笔记，并与同城用户互动分享。AI财经社向陌陌方面求证，但对方并未对此正面回应。\n有分析称，针对陌生人社交方面，陌陌陷入营收和用户方面的增长瓶颈，公司试图探索上线新产品以寻求突破。\n流量焦虑\n陌陌诞生于2011年，2014年12月在美国纳斯达克挂牌上市，上市首日股价报收于17.02美元，较发行价大涨26.07%，公司市值达31.74亿美元，其创始人、CEO唐岩当时作为陌陌最大股东，身家超过8亿美元。\n上市后，2015-2017年是陌陌发展的黄金时期，到了2018年，其股价一度最高点超过50美元，总市值达百亿美元规模，但之后其营收增速就开始了持续下滑。自2018年第一季度以来，陌陌收入增速连续10个季度持续降低。\n2020年，陌陌全年营收为150.24亿元，同比下降11.7%；净利润为21.04亿元，同比下滑了29.2%。\n营收、净利双降的同时，陌陌月活表现同样不佳。其2018年、2019年、2020年月活用户分别为1.133亿、1.145亿和1.138亿，基本没有增长。今年6月陌陌发布的2021年第一季度财报显示，在2021年3月，陌陌的主APP月度活跃用户增长到1.153亿，但增长幅度仍然较小。而这对于一个社交软件来说，是致命问题。\n\n在盈利方面，上市之初陌陌的收入主要由三部分组成：用户会员费、游戏收入及其他类(包含付费表情、移动营销等)。2015年第四季度，陌陌引入直播业务，此后该业务成为陌陌最主要的营收来源。但随着抖音、快手以及oul等应用崛起对主播的争夺，它的直播业务也逐渐“撑不住了”。\n2020年第一季度，陌陌的直播服务营收23.32亿元，同比下降13%，陌陌将此解释为疫情影响下导致顶部用户付费意愿降低。但在2021年第一季度，其直播收入继续下滑了16%至19.62亿元。\n值得一提的是，另外一家在2016年上线的社交软件Soul，已于2021年5月申请赴美上市，估值高达20亿美元。但在6月23日上市前一天，其突然宣布暂停IPO。\nSoul主打“灵魂社交”，曾号称要成为“社交元宇宙第一股”。从其招股书来看，2019年、2020年、2021年第一季度，Soul分别录得净亏损2.995亿元、4.88亿元、3.83亿元，同期月活用户数分别为1150万、2080万、3320万。报告期内，Soul的广告费用支出却达到1.97亿元、6亿元和4.6亿元。Soul的用户增长是砸入巨额的广告费用换来的。\n但由此也可见，不仅是陌陌，国内的社交软件已均在面临盈利和用户增长困境。打造新产品，寻找第二增长曲线，成为它们的必然选择。\n\n大厂争相“种草”\n根据媒体报道，有消息人士表示，树莓APP准备向小红书靠拢。\n据AI财经社了解，“种草”业务实际上已成为不少互联网大厂布局的对象。\n2019年5月，知乎悄悄上线了一款产品“CHAO社区”，其向用户发送的申请邮件中，称“这是一个潮流的男生种草社区，有一些CHAO会玩的男生，有男生最爱的潮流穿搭、火爆球鞋、玩乐兴趣和黑科技产品”。\n后来，该APP更新为潮流玩具社区，其介绍也从“为男性用户推荐好物，并提供关于潮流单品”转变为“这是一个男生女生都能玩得转的玩具大世界”。\n2020年2月，拼多多APP上线“拼小圈”，用户可以在上面分享自己的购物记录，供其他用户点赞和评论。拼多多官方称，该功能“让消费者了解商品真实评价信息，解决信任问题并为消费者的购买决策做参考”。这样一来，用户可以根据好友的购买感受来做种草和拔草决策。\n2021年5月，阿里上线“吃货笔记”，定位美食种草类产品，内容形式包含图文、短视频等。\n据中信证券报告，与流量营销模式不同，能够带给观众直观且真实体验的“种草”模式营销普遍更受到Z世代的欢迎。但目前以上三家的产品水花目前都还不大。而回顾国内明星种草公司小红书，不仅流量变现困难重重，虚假笔记、涉黄等负面新闻不断，最近更是传出由于监管加强而放弃赴美上市计划。\n陌陌等纷纷做起“种草”生意，其背后的流量焦虑可以理解，但未来可能并不如它们想象般美好。","news_type":1,"symbols_score_info":{"MOMO":0.9}},"isVote":1,"tweetType":1,"viewCount":4529,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147540095,"gmtCreate":1626366716617,"gmtModify":1703758870728,"author":{"id":"3582606750180670","authorId":"3582606750180670","name":"Jasterloo","avatar":"https://static.tigerbbs.com/bd293e3b462553bf279e50af31eb6514","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582606750180670","idStr":"3582606750180670"},"themes":[],"title":"","htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147540095","repostId":"2151278885","repostType":4,"isVote":1,"tweetType":1,"viewCount":3984,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147557684,"gmtCreate":1626366679048,"gmtModify":1703758870082,"author":{"id":"3582606750180670","authorId":"3582606750180670","name":"Jasterloo","avatar":"https://static.tigerbbs.com/bd293e3b462553bf279e50af31eb6514","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3582606750180670","idStr":"3582606750180670"},"themes":[],"title":"","htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147557684","repostId":"2151852289","repostType":4,"repost":{"id":"2151852289","kind":"news","pubTimestamp":1626401742,"share":"https://ttm.financial/m/news/2151852289?lang=en_US&edition=fundamental","pubTime":"2021-07-16 10:15","market":"us","language":"zh","title":"Similar to the approach taken by XPeng! Nio meets the Hong Kong stock listing standards better.","url":"https://stock-news.laohu8.com/highlight/detail?id=2151852289","media":"晚点早知道","summary":"之前小鹏回港上市时也做了类似的调整。\n\n今年三月，蔚来和小鹏都被传要回港二次上市。\n小鹏上月先回香港。蔚来暂无确切消息。不过蔚来最新的董事会人员变动使它逐渐贴合赴港上市规则，市场猜测回港敲钟箭在弦上。","content":"<p><img src=\"https://static.tigerbbs.com/c733d8c0b3216582775101b750825cf6\" tg-width=\"614\" tg-height=\"385\" referrerpolicy=\"no-referrer\"></p><p><b>XPeng previously made similar adjustments when it returned to Hong Kong for listing.</b>In March of this year, both Nio and XPeng were rumored to be planning to return to Hong Kong for a secondary listing.</p><p>XPeng returned to Hong Kong last month. There is currently no definitive information from Nio. However, Nio' latest board changes have brought it into line with Hong Kong listing rules, leading the market to speculate that its return to Hong Kong is imminent.</p><p>Effective July 12, Long Yu, founding and managing partner of BAI Capital, officially became the third independent non-executive director and the only female director on the board of directors of Nio Motor Company. She also took over the position of Chairman of the Board's Nomination and Corporate Governance Committee from NIO Chairman Li Bin.</p><p>In this way, Nio simultaneously satisfies two existing listing rules and two proposed amendments to the listing rules, namely:</p><p><ul><li>The board of directors should include at least three independent directors, representing at least one-third of the board members (currently);</p><p></li><li>The Audit Committee shall have at least three members, all of whom shall be non-executive Directors (existing);</p><p></li><li>Mandatory establishment of a nomination committee chaired by an independent director with a majority of independent directors (amendment);</p><p></li><li>The Board shall have at least one member of the opposite sex (Amendment).</p><p></li></ul>In response to LatePost, Nio stated that the board adjustment was based on the management of technology companies with a market capitalization of hundreds of billions of yuan, increasing the diversity of the board composition, and had nothing to do with the Hong Kong listing.</p><p>In May of this year, NIO held a special general meeting of shareholders in hopes of changing the board structure, proposing to give the NIO User Trust the power to nominate a director.</p><p>LatePost has learned that the proposal has been passed, which means that the Nio board may add a director nominated by car owners.</p><p>Currently, Nio Motor Company has a total of 6 board seats, with Li Bin and Nio co-founder Qin Lihong holding 2 seats, James Gordon Mitchell, a director appointed by Tencent, the second largest external shareholder, holding 1 seat, and independent directors holding 3 seats. The three committees under the board of directors of Nio Motor Company, namely Audit, Remuneration, Nomination and Corporate Governance, are chaired by three independent directors.</p><p>This structure is extremely similar to that of XPeng Motor Company, which has already successfully dual-listed in Hong Kong. Moreover, in order to meet the Hong Kong listing requirements, XPeng Motor Company appointed two new independent directors as chairmen of the remuneration committee and the nomination committee respectively during the listing.</p><p>Long Yu, a new member of the Nio board of directors, has known Li Bin for many years. Starting in 2009, she led BAI Capital to invest in several companies founded and invested in by Li Bin, such as Yiche, Yixin, Uxin Used Cars, CheLun Connect, and Mobike.</p><p>Shortly after Yiche went public, Li Bin had dinner with Long Yu and said that his \"ultimate dream\" for travel was to build cars, and promised to give the third car to Long Yu's daughter Audrey. Seven years later, Li Bin fulfilled his contract.</p><p>In addition, the two sides also have a tacit understanding regarding overseas investment. In May of this year, Temasek, together with BAI and Joy Capital, jointly invested in a $64 million Series B financing round for Nio-based LiDAR supplier Tudaton, with existing shareholders Nio Capital, Stau Capital, and F-Prime Capital also participating.</p>","source":"lsy1596708272136","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>Similar to the approach taken by XPeng! Nio meets the Hong Kong stock listing standards better.</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: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSimilar to the approach taken by XPeng! Nio meets the Hong Kong stock listing standards better.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">晚点早知道</strong><span class=\"h-time small\">2021-07-16 10:15</span>\n</p>\n</h4>\n</header>\n<article>\n<p><img src=\"https://static.tigerbbs.com/c733d8c0b3216582775101b750825cf6\" tg-width=\"614\" tg-height=\"385\" referrerpolicy=\"no-referrer\"></p><p><b>XPeng previously made similar adjustments when it returned to Hong Kong for listing.</b>In March of this year, both Nio and XPeng were rumored to be planning to return to Hong Kong for a secondary listing.</p><p>XPeng returned to Hong Kong last month. There is currently no definitive information from Nio. However, Nio' latest board changes have brought it into line with Hong Kong listing rules, leading the market to speculate that its return to Hong Kong is imminent.</p><p>Effective July 12, Long Yu, founding and managing partner of BAI Capital, officially became the third independent non-executive director and the only female director on the board of directors of Nio Motor Company. She also took over the position of Chairman of the Board's Nomination and Corporate Governance Committee from NIO Chairman Li Bin.</p><p>In this way, Nio simultaneously satisfies two existing listing rules and two proposed amendments to the listing rules, namely:</p><p><ul><li>The board of directors should include at least three independent directors, representing at least one-third of the board members (currently);</p><p></li><li>The Audit Committee shall have at least three members, all of whom shall be non-executive Directors (existing);</p><p></li><li>Mandatory establishment of a nomination committee chaired by an independent director with a majority of independent directors (amendment);</p><p></li><li>The Board shall have at least one member of the opposite sex (Amendment).</p><p></li></ul>In response to LatePost, Nio stated that the board adjustment was based on the management of technology companies with a market capitalization of hundreds of billions of yuan, increasing the diversity of the board composition, and had nothing to do with the Hong Kong listing.</p><p>In May of this year, NIO held a special general meeting of shareholders in hopes of changing the board structure, proposing to give the NIO User Trust the power to nominate a director.</p><p>LatePost has learned that the proposal has been passed, which means that the Nio board may add a director nominated by car owners.</p><p>Currently, Nio Motor Company has a total of 6 board seats, with Li Bin and Nio co-founder Qin Lihong holding 2 seats, James Gordon Mitchell, a director appointed by Tencent, the second largest external shareholder, holding 1 seat, and independent directors holding 3 seats. The three committees under the board of directors of Nio Motor Company, namely Audit, Remuneration, Nomination and Corporate Governance, are chaired by three independent directors.</p><p>This structure is extremely similar to that of XPeng Motor Company, which has already successfully dual-listed in Hong Kong. Moreover, in order to meet the Hong Kong listing requirements, XPeng Motor Company appointed two new independent directors as chairmen of the remuneration committee and the nomination committee respectively during the listing.</p><p>Long Yu, a new member of the Nio board of directors, has known Li Bin for many years. Starting in 2009, she led BAI Capital to invest in several companies founded and invested in by Li Bin, such as Yiche, Yixin, Uxin Used Cars, CheLun Connect, and Mobike.</p><p>Shortly after Yiche went public, Li Bin had dinner with Long Yu and said that his \"ultimate dream\" for travel was to build cars, and promised to give the third car to Long Yu's daughter Audrey. Seven years later, Li Bin fulfilled his contract.</p><p>In addition, the two sides also have a tacit understanding regarding overseas investment. In May of this year, Temasek, together with BAI and Joy Capital, jointly invested in a $64 million Series B financing round for Nio-based LiDAR supplier Tudaton, with existing shareholders Nio Capital, Stau Capital, and F-Prime Capital also participating.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/d-FonFpbhE4xT6KNa1AqHg\">晚点早知道</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/1e9aa56586a03fdd6464e21bfe99f7b5","relate_stocks":{"NIO":"蔚来"},"source_url":"https://mp.weixin.qq.com/s/d-FonFpbhE4xT6KNa1AqHg","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151852289","content_text":"之前小鹏回港上市时也做了类似的调整。\n\n今年三月，蔚来和小鹏都被传要回港二次上市。\n小鹏上月先回香港。蔚来暂无确切消息。不过蔚来最新的董事会人员变动使它逐渐贴合赴港上市规则，市场猜测回港敲钟箭在弦上。\n从 7 月 12 日起，BAI 资本创始及管理合伙人龙宇正式成为蔚来汽车董事会的第三名独立非执行董事、也是唯一一名女性董事。她还同时从蔚来董事长李斌那里接过董事会提名及企业治理委员会主席一职。\n这样一来，蔚来同时满足了 2 条既有上市规则和 2 条上市规则修订建议，分别是：\n\n董事会应包括至少三名独董，需占董事会成员人数至少三分之一（现有）；\n审核委员会成员至少三名，且须全部是非执行董事（现有）；\n强制设立提名委员会，由独董担任主席且成员以独董占大多数（修订）；\n董事会需有最少一名另一性别成员（修订）。\n\n对此，蔚来方面回应《晚点 LatePost》称，董事会调整是以千亿市值科技公司管理为标准，增加董事会构成的多样性，与赴港上市并无关联。\n今年 5 月，蔚来曾召开特别股东大会，希望改变董事会结构，拟给予 NIO User Trusta（蔚来用户信托）提名一位董事的权力。\n《晚点 LatePost》获悉该提案已经通过，这意味着蔚来董事会或将增加一名由车主推举提名的董事。\n目前蔚来汽车董事会共有 6 席，李斌、蔚来联合创始人秦力洪占 2 席，第二大外部股东腾讯派驻董事 James Gordon Mitchell 占 1 席，独董占 3 席。蔚来汽车董事会下设的三个委员会，审计、薪酬、提名及公司治理，由 3 位独董分任主席。\n这一结构与已经成功赴港双重上市的小鹏汽车极其相似。而且小鹏汽车此前为满足香港上市条件，在上市时新任命了两名独董分任薪酬委员会及提名委员会主席。\n新加入蔚来董事会的龙宇与李斌相识多年。从 2009 年开始，她带领 BAI 资本投资了李斌创办及投资的多个企业，如易车、易鑫、优信二手车、车轮互联、摩拜单车等。\n易车刚上市不久，李斌与龙宇吃饭时就称自己对于出行的 “终极梦想” 是造车，并允诺把第三辆下线的车送给龙宇的女儿 Audrey。七年后，李斌履约。\n除此之外，双方还在对外投资方面有着默契。今年 5 月，淡马锡与 BAI、愉悦资本联合投资蔚来激光雷达供应商图达通 6400 万美元 B 轮融资，老股东蔚来资本、斯道资本和 F-Prime Capital 也参与其中。","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":3971,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":176669608,"gmtCreate":1626880398204,"gmtModify":1703479914282,"author":{"id":"3582606750180670","authorId":"3582606750180670","name":"Jasterloo","avatar":"https://static.tigerbbs.com/bd293e3b462553bf279e50af31eb6514","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582606750180670","authorIdStr":"3582606750180670"},"themes":[],"title":"","htmlText":"Gogogo","listText":"Gogogo","text":"Gogogo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176669608","repostId":"2153264615","repostType":4,"repost":{"id":"2153264615","kind":"news","pubTimestamp":1626879601,"share":"https://ttm.financial/m/news/2153264615?lang=en_US&edition=fundamental","pubTime":"2021-07-21 23:00","market":"us","language":"zh","title":"With slowing revenue growth and difficulty in user growth, is Momo entering the \"product seeding\" business to save itself?","url":"https://stock-news.laohu8.com/highlight/detail?id=2153264615","media":"AI财经社","summary":"日前据媒体报道，陌陌将于近期推出一款种草社交类APP“树莓”，从目前透露出产品图上看，树莓APP更类似于小红书，用户可以在上面创作笔记，并与同城用户互动分享。AI财经社向陌陌方面求证，但对方并未对此正","content":"<p>According to recent media reports,<a href=\"https://laohu8.com/S/MOMO\">Momo</a>A social APP called \"Raspberry\" will be launched soon. Judging from the product images revealed so far, the Raspberry APP is more similar to Xiaohongshu, where users can create notes and interact and share with users in the same city. AI Finance contacted Momo for verification, but they did not respond directly.</p><p>Some analysts say that Momo is facing growth bottlenecks in terms of revenue and users in the area of stranger social networking, and the company is trying to explore launching new products to seek a breakthrough.</p><p>traffic anxiety</p><p>Momo was founded in 2011 and listed on NASDAQ in the United States in December 2014. On its first day of trading, its stock price closed at $17.02, a 26.07% increase from the issue price. The company's market capitalization reached $3.174 billion. Its founder and CEO, Tang Yan, was Momo's largest shareholder at the time, with a net worth of over $800 million.</p><p>After its IPO, 2015-2017 was a golden period for Momo's development. By 2018, its stock price had reached a peak of over $50, with a total market capitalization of tens of billions of US dollars. However, its revenue growth rate began to decline continuously after that. Since the first quarter of 2018, Momo's revenue growth rate has declined for 10 consecutive quarters.</p><p>In 2020, Momo's total revenue was 15.024 billion yuan, a year-on-year decrease of 11.7%; Net profit was 2.104 billion yuan, a year-on-year decrease of 29.2%.</p><p>While both revenue and net profit declined, Momo's monthly active users also performed poorly. Its monthly active users were 113.3 million, 114.5 million, and 113.8 million in 2018, 2019, and 2020, respectively, with virtually no growth. Momo's Q1 2021 financial report released in June this year showed that in March 2021, the monthly active users of Momo's main APP grew to 115.3 million, but the growth rate was still relatively small. This is a fatal problem for a social media app.</p><p><img src=\"https://static.tigerbbs.com/ad7e74d5f2908b124e1cbd3d8e99341f\" tg-width=\"688\" tg-height=\"421\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>In terms of profitability, Momo's revenue at the beginning of its IPO mainly consisted of three parts: user membership fees, game revenue and other categories (including paid emojis, mobile marketing, etc.). In the fourth quarter of 2015, Momo introduced its live streaming business, which has since become Momo's main source of revenue. But with<a href=\"https://laohu8.com/S/DYIN\">TikTok</a>The rise of apps like Kuaishou and oul has led to competition for streamers, and its live streaming business is gradually \"unable to hold on\".</p><p>In the first quarter of 2020, Momo's live streaming service revenue was 2.332 billion yuan, a year-on-year decrease of 13%. Momo explained this by the impact of the pandemic, which led to a decrease in the willingness of top users to pay. However, in the first quarter of 2021, its live streaming revenue continued to decline by 16% to 1.962 billion yuan.</p><p>It is worth mentioning that Soul, another social software launched in 2016, applied for an IPO in the United States in May 2021, with a valuation of up to $2 billion. However, the day before its listing on June 23, it suddenly announced the suspension of its IPO.</p><p>Soul focuses on \"Soul social networking\" and once claimed to be the \"first social networking stock in metaverse\". According to its prospectus, Soul recorded net losses of RMB 299.5 million, RMB 488 million and RMB 383 million in 2019, 2020 and the first quarter of 2021 respectively, with monthly active users of 11.5 million, 20.8 million and 33.2 million respectively during the same period. During the reporting period, Soul's advertising expenses reached 197 million yuan, 600 million yuan, and 460 million yuan, respectively. Soul's user growth was achieved by investing huge sums in advertising.</p><p>However, this also shows that not only Momo, but all domestic social software companies are facing difficulties in profitability and user growth. Creating new products and seeking a second growth curve has become an inevitable choice for them.</p><p><img src=\"https://static.tigerbbs.com/1a08f5f91648dd332ad73f536550a98d\" tg-width=\"2500\" tg-height=\"1662\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Major manufacturers are vying to \"plant\" products.</p><p>According to media reports, sources indicate that the Raspberry APP is preparing to move closer to Xiaohongshu.</p><p>According to AI Finance, the \"product seeding\" business has actually become a target for many major internet companies.</p><p>In May 2019,<a href=\"https://laohu8.com/S/ZH\">Zhihu</a>A product called \"CHAO Community\" was quietly launched. In the application email sent to users, it said, \"This is a trendy men's product recommendation community. There are some men who know how to play CHAO, and there are men's favorite trendy outfits, popular sneakers, fun interests and cutting-edge technology products.\"</p><p>Later, the APP was updated to a trendy toy community, and its description changed from \"recommending good products for male users and providing information on trendy items\" to \"a toy world that both boys and girls can play with\".</p><p>February 2020,<a href=\"https://laohu8.com/S/PDD\">Pinduoduo</a>The APP has launched \"Pin Xiaoquan,\" where users can share their shopping records for other users to like and comment on. Pinduoduo officially stated that the feature \"allows consumers to understand real product reviews, resolve trust issues, and provide a reference for consumers' purchasing decisions.\" In this way, users can make decisions about recommending and removing products based on their friends' buying experiences.</p><p>In May 2021, Alibaba launched \"Foodie Notes,\" positioned as a food recommendation product, with content formats including text, images, and short videos.</p><p>according to<a href=\"https://laohu8.com/S/600030\">CITIC Securities</a>The report states that, unlike traffic marketing models, the \"product recommendation\" marketing model, which provides audiences with an intuitive and authentic experience, is generally more popular with Generation Z. However, the products of the three companies mentioned above have not yet made a significant splash. Looking back at Xiaohongshu, a domestic celebrity product recommendation company, it not only faces numerous difficulties in monetizing its traffic, but also receives a constant stream of negative news such as fake notes and pornography. Recently, it has been rumored that it has abandoned its plan to list in the United States due to strengthened regulations.</p><p>Momo and others have started the \"product recommendation\" business, and the traffic anxiety behind it is understandable, but the future may not be as bright as they imagine.</p><p><img src=\"https://static.tigerbbs.com/2cb2c166b7715ad3d797e7179a80f103\" tg-width=\"2500\" tg-height=\"1667\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>","source":"tencent","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>With slowing revenue growth and difficulty in user growth, is Momo entering the \"product seeding\" business to save itself?</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: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWith slowing revenue growth and difficulty in user growth, is Momo entering the \"product seeding\" business to save itself?\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">AI财经社</strong><span class=\"h-time small\">2021-07-21 23:00</span>\n</p>\n</h4>\n</header>\n<article>\n<p>According to recent media reports,<a href=\"https://laohu8.com/S/MOMO\">Momo</a>A social APP called \"Raspberry\" will be launched soon. Judging from the product images revealed so far, the Raspberry APP is more similar to Xiaohongshu, where users can create notes and interact and share with users in the same city. AI Finance contacted Momo for verification, but they did not respond directly.</p><p>Some analysts say that Momo is facing growth bottlenecks in terms of revenue and users in the area of stranger social networking, and the company is trying to explore launching new products to seek a breakthrough.</p><p>traffic anxiety</p><p>Momo was founded in 2011 and listed on NASDAQ in the United States in December 2014. On its first day of trading, its stock price closed at $17.02, a 26.07% increase from the issue price. The company's market capitalization reached $3.174 billion. Its founder and CEO, Tang Yan, was Momo's largest shareholder at the time, with a net worth of over $800 million.</p><p>After its IPO, 2015-2017 was a golden period for Momo's development. By 2018, its stock price had reached a peak of over $50, with a total market capitalization of tens of billions of US dollars. However, its revenue growth rate began to decline continuously after that. Since the first quarter of 2018, Momo's revenue growth rate has declined for 10 consecutive quarters.</p><p>In 2020, Momo's total revenue was 15.024 billion yuan, a year-on-year decrease of 11.7%; Net profit was 2.104 billion yuan, a year-on-year decrease of 29.2%.</p><p>While both revenue and net profit declined, Momo's monthly active users also performed poorly. Its monthly active users were 113.3 million, 114.5 million, and 113.8 million in 2018, 2019, and 2020, respectively, with virtually no growth. Momo's Q1 2021 financial report released in June this year showed that in March 2021, the monthly active users of Momo's main APP grew to 115.3 million, but the growth rate was still relatively small. This is a fatal problem for a social media app.</p><p><img src=\"https://static.tigerbbs.com/ad7e74d5f2908b124e1cbd3d8e99341f\" tg-width=\"688\" tg-height=\"421\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>In terms of profitability, Momo's revenue at the beginning of its IPO mainly consisted of three parts: user membership fees, game revenue and other categories (including paid emojis, mobile marketing, etc.). In the fourth quarter of 2015, Momo introduced its live streaming business, which has since become Momo's main source of revenue. But with<a href=\"https://laohu8.com/S/DYIN\">TikTok</a>The rise of apps like Kuaishou and oul has led to competition for streamers, and its live streaming business is gradually \"unable to hold on\".</p><p>In the first quarter of 2020, Momo's live streaming service revenue was 2.332 billion yuan, a year-on-year decrease of 13%. Momo explained this by the impact of the pandemic, which led to a decrease in the willingness of top users to pay. However, in the first quarter of 2021, its live streaming revenue continued to decline by 16% to 1.962 billion yuan.</p><p>It is worth mentioning that Soul, another social software launched in 2016, applied for an IPO in the United States in May 2021, with a valuation of up to $2 billion. However, the day before its listing on June 23, it suddenly announced the suspension of its IPO.</p><p>Soul focuses on \"Soul social networking\" and once claimed to be the \"first social networking stock in metaverse\". According to its prospectus, Soul recorded net losses of RMB 299.5 million, RMB 488 million and RMB 383 million in 2019, 2020 and the first quarter of 2021 respectively, with monthly active users of 11.5 million, 20.8 million and 33.2 million respectively during the same period. During the reporting period, Soul's advertising expenses reached 197 million yuan, 600 million yuan, and 460 million yuan, respectively. Soul's user growth was achieved by investing huge sums in advertising.</p><p>However, this also shows that not only Momo, but all domestic social software companies are facing difficulties in profitability and user growth. Creating new products and seeking a second growth curve has become an inevitable choice for them.</p><p><img src=\"https://static.tigerbbs.com/1a08f5f91648dd332ad73f536550a98d\" tg-width=\"2500\" tg-height=\"1662\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p><p>Major manufacturers are vying to \"plant\" products.</p><p>According to media reports, sources indicate that the Raspberry APP is preparing to move closer to Xiaohongshu.</p><p>According to AI Finance, the \"product seeding\" business has actually become a target for many major internet companies.</p><p>In May 2019,<a href=\"https://laohu8.com/S/ZH\">Zhihu</a>A product called \"CHAO Community\" was quietly launched. In the application email sent to users, it said, \"This is a trendy men's product recommendation community. There are some men who know how to play CHAO, and there are men's favorite trendy outfits, popular sneakers, fun interests and cutting-edge technology products.\"</p><p>Later, the APP was updated to a trendy toy community, and its description changed from \"recommending good products for male users and providing information on trendy items\" to \"a toy world that both boys and girls can play with\".</p><p>February 2020,<a href=\"https://laohu8.com/S/PDD\">Pinduoduo</a>The APP has launched \"Pin Xiaoquan,\" where users can share their shopping records for other users to like and comment on. Pinduoduo officially stated that the feature \"allows consumers to understand real product reviews, resolve trust issues, and provide a reference for consumers' purchasing decisions.\" In this way, users can make decisions about recommending and removing products based on their friends' buying experiences.</p><p>In May 2021, Alibaba launched \"Foodie Notes,\" positioned as a food recommendation product, with content formats including text, images, and short videos.</p><p>according to<a href=\"https://laohu8.com/S/600030\">CITIC Securities</a>The report states that, unlike traffic marketing models, the \"product recommendation\" marketing model, which provides audiences with an intuitive and authentic experience, is generally more popular with Generation Z. However, the products of the three companies mentioned above have not yet made a significant splash. Looking back at Xiaohongshu, a domestic celebrity product recommendation company, it not only faces numerous difficulties in monetizing its traffic, but also receives a constant stream of negative news such as fake notes and pornography. Recently, it has been rumored that it has abandoned its plan to list in the United States due to strengthened regulations.</p><p>Momo and others have started the \"product recommendation\" business, and the traffic anxiety behind it is understandable, but the future may not be as bright as they imagine.</p><p><img src=\"https://static.tigerbbs.com/2cb2c166b7715ad3d797e7179a80f103\" tg-width=\"2500\" tg-height=\"1667\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021072121052379d5f905&s=b\">AI财经社</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/2cb2c166b7715ad3d797e7179a80f103","relate_stocks":{"MOMO":"挚文集团"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN2021072121052379d5f905&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2153264615","content_text":"日前据媒体报道，陌陌将于近期推出一款种草社交类APP“树莓”，从目前透露出产品图上看，树莓APP更类似于小红书，用户可以在上面创作笔记，并与同城用户互动分享。AI财经社向陌陌方面求证，但对方并未对此正面回应。\n有分析称，针对陌生人社交方面，陌陌陷入营收和用户方面的增长瓶颈，公司试图探索上线新产品以寻求突破。\n流量焦虑\n陌陌诞生于2011年，2014年12月在美国纳斯达克挂牌上市，上市首日股价报收于17.02美元，较发行价大涨26.07%，公司市值达31.74亿美元，其创始人、CEO唐岩当时作为陌陌最大股东，身家超过8亿美元。\n上市后，2015-2017年是陌陌发展的黄金时期，到了2018年，其股价一度最高点超过50美元，总市值达百亿美元规模，但之后其营收增速就开始了持续下滑。自2018年第一季度以来，陌陌收入增速连续10个季度持续降低。\n2020年，陌陌全年营收为150.24亿元，同比下降11.7%；净利润为21.04亿元，同比下滑了29.2%。\n营收、净利双降的同时，陌陌月活表现同样不佳。其2018年、2019年、2020年月活用户分别为1.133亿、1.145亿和1.138亿，基本没有增长。今年6月陌陌发布的2021年第一季度财报显示，在2021年3月，陌陌的主APP月度活跃用户增长到1.153亿，但增长幅度仍然较小。而这对于一个社交软件来说，是致命问题。\n\n在盈利方面，上市之初陌陌的收入主要由三部分组成：用户会员费、游戏收入及其他类(包含付费表情、移动营销等)。2015年第四季度，陌陌引入直播业务，此后该业务成为陌陌最主要的营收来源。但随着抖音、快手以及oul等应用崛起对主播的争夺，它的直播业务也逐渐“撑不住了”。\n2020年第一季度，陌陌的直播服务营收23.32亿元，同比下降13%，陌陌将此解释为疫情影响下导致顶部用户付费意愿降低。但在2021年第一季度，其直播收入继续下滑了16%至19.62亿元。\n值得一提的是，另外一家在2016年上线的社交软件Soul，已于2021年5月申请赴美上市，估值高达20亿美元。但在6月23日上市前一天，其突然宣布暂停IPO。\nSoul主打“灵魂社交”，曾号称要成为“社交元宇宙第一股”。从其招股书来看，2019年、2020年、2021年第一季度，Soul分别录得净亏损2.995亿元、4.88亿元、3.83亿元，同期月活用户数分别为1150万、2080万、3320万。报告期内，Soul的广告费用支出却达到1.97亿元、6亿元和4.6亿元。Soul的用户增长是砸入巨额的广告费用换来的。\n但由此也可见，不仅是陌陌，国内的社交软件已均在面临盈利和用户增长困境。打造新产品，寻找第二增长曲线，成为它们的必然选择。\n\n大厂争相“种草”\n根据媒体报道，有消息人士表示，树莓APP准备向小红书靠拢。\n据AI财经社了解，“种草”业务实际上已成为不少互联网大厂布局的对象。\n2019年5月，知乎悄悄上线了一款产品“CHAO社区”，其向用户发送的申请邮件中，称“这是一个潮流的男生种草社区，有一些CHAO会玩的男生，有男生最爱的潮流穿搭、火爆球鞋、玩乐兴趣和黑科技产品”。\n后来，该APP更新为潮流玩具社区，其介绍也从“为男性用户推荐好物，并提供关于潮流单品”转变为“这是一个男生女生都能玩得转的玩具大世界”。\n2020年2月，拼多多APP上线“拼小圈”，用户可以在上面分享自己的购物记录，供其他用户点赞和评论。拼多多官方称，该功能“让消费者了解商品真实评价信息，解决信任问题并为消费者的购买决策做参考”。这样一来，用户可以根据好友的购买感受来做种草和拔草决策。\n2021年5月，阿里上线“吃货笔记”，定位美食种草类产品，内容形式包含图文、短视频等。\n据中信证券报告，与流量营销模式不同，能够带给观众直观且真实体验的“种草”模式营销普遍更受到Z世代的欢迎。但目前以上三家的产品水花目前都还不大。而回顾国内明星种草公司小红书，不仅流量变现困难重重，虚假笔记、涉黄等负面新闻不断，最近更是传出由于监管加强而放弃赴美上市计划。\n陌陌等纷纷做起“种草”生意，其背后的流量焦虑可以理解，但未来可能并不如它们想象般美好。","news_type":1,"symbols_score_info":{"MOMO":0.9}},"isVote":1,"tweetType":1,"viewCount":4529,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147557684,"gmtCreate":1626366679048,"gmtModify":1703758870082,"author":{"id":"3582606750180670","authorId":"3582606750180670","name":"Jasterloo","avatar":"https://static.tigerbbs.com/bd293e3b462553bf279e50af31eb6514","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582606750180670","authorIdStr":"3582606750180670"},"themes":[],"title":"","htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147557684","repostId":"2151852289","repostType":4,"repost":{"id":"2151852289","kind":"news","pubTimestamp":1626401742,"share":"https://ttm.financial/m/news/2151852289?lang=en_US&edition=fundamental","pubTime":"2021-07-16 10:15","market":"us","language":"zh","title":"Similar to the approach taken by XPeng! Nio meets the Hong Kong stock listing standards better.","url":"https://stock-news.laohu8.com/highlight/detail?id=2151852289","media":"晚点早知道","summary":"之前小鹏回港上市时也做了类似的调整。\n\n今年三月，蔚来和小鹏都被传要回港二次上市。\n小鹏上月先回香港。蔚来暂无确切消息。不过蔚来最新的董事会人员变动使它逐渐贴合赴港上市规则，市场猜测回港敲钟箭在弦上。","content":"<p><img src=\"https://static.tigerbbs.com/c733d8c0b3216582775101b750825cf6\" tg-width=\"614\" tg-height=\"385\" referrerpolicy=\"no-referrer\"></p><p><b>XPeng previously made similar adjustments when it returned to Hong Kong for listing.</b>In March of this year, both Nio and XPeng were rumored to be planning to return to Hong Kong for a secondary listing.</p><p>XPeng returned to Hong Kong last month. There is currently no definitive information from Nio. However, Nio' latest board changes have brought it into line with Hong Kong listing rules, leading the market to speculate that its return to Hong Kong is imminent.</p><p>Effective July 12, Long Yu, founding and managing partner of BAI Capital, officially became the third independent non-executive director and the only female director on the board of directors of Nio Motor Company. She also took over the position of Chairman of the Board's Nomination and Corporate Governance Committee from NIO Chairman Li Bin.</p><p>In this way, Nio simultaneously satisfies two existing listing rules and two proposed amendments to the listing rules, namely:</p><p><ul><li>The board of directors should include at least three independent directors, representing at least one-third of the board members (currently);</p><p></li><li>The Audit Committee shall have at least three members, all of whom shall be non-executive Directors (existing);</p><p></li><li>Mandatory establishment of a nomination committee chaired by an independent director with a majority of independent directors (amendment);</p><p></li><li>The Board shall have at least one member of the opposite sex (Amendment).</p><p></li></ul>In response to LatePost, Nio stated that the board adjustment was based on the management of technology companies with a market capitalization of hundreds of billions of yuan, increasing the diversity of the board composition, and had nothing to do with the Hong Kong listing.</p><p>In May of this year, NIO held a special general meeting of shareholders in hopes of changing the board structure, proposing to give the NIO User Trust the power to nominate a director.</p><p>LatePost has learned that the proposal has been passed, which means that the Nio board may add a director nominated by car owners.</p><p>Currently, Nio Motor Company has a total of 6 board seats, with Li Bin and Nio co-founder Qin Lihong holding 2 seats, James Gordon Mitchell, a director appointed by Tencent, the second largest external shareholder, holding 1 seat, and independent directors holding 3 seats. The three committees under the board of directors of Nio Motor Company, namely Audit, Remuneration, Nomination and Corporate Governance, are chaired by three independent directors.</p><p>This structure is extremely similar to that of XPeng Motor Company, which has already successfully dual-listed in Hong Kong. Moreover, in order to meet the Hong Kong listing requirements, XPeng Motor Company appointed two new independent directors as chairmen of the remuneration committee and the nomination committee respectively during the listing.</p><p>Long Yu, a new member of the Nio board of directors, has known Li Bin for many years. Starting in 2009, she led BAI Capital to invest in several companies founded and invested in by Li Bin, such as Yiche, Yixin, Uxin Used Cars, CheLun Connect, and Mobike.</p><p>Shortly after Yiche went public, Li Bin had dinner with Long Yu and said that his \"ultimate dream\" for travel was to build cars, and promised to give the third car to Long Yu's daughter Audrey. Seven years later, Li Bin fulfilled his contract.</p><p>In addition, the two sides also have a tacit understanding regarding overseas investment. In May of this year, Temasek, together with BAI and Joy Capital, jointly invested in a $64 million Series B financing round for Nio-based LiDAR supplier Tudaton, with existing shareholders Nio Capital, Stau Capital, and F-Prime Capital also participating.</p>","source":"lsy1596708272136","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>Similar to the approach taken by XPeng! Nio meets the Hong Kong stock listing standards better.</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: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSimilar to the approach taken by XPeng! Nio meets the Hong Kong stock listing standards better.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">晚点早知道</strong><span class=\"h-time small\">2021-07-16 10:15</span>\n</p>\n</h4>\n</header>\n<article>\n<p><img src=\"https://static.tigerbbs.com/c733d8c0b3216582775101b750825cf6\" tg-width=\"614\" tg-height=\"385\" referrerpolicy=\"no-referrer\"></p><p><b>XPeng previously made similar adjustments when it returned to Hong Kong for listing.</b>In March of this year, both Nio and XPeng were rumored to be planning to return to Hong Kong for a secondary listing.</p><p>XPeng returned to Hong Kong last month. There is currently no definitive information from Nio. However, Nio' latest board changes have brought it into line with Hong Kong listing rules, leading the market to speculate that its return to Hong Kong is imminent.</p><p>Effective July 12, Long Yu, founding and managing partner of BAI Capital, officially became the third independent non-executive director and the only female director on the board of directors of Nio Motor Company. She also took over the position of Chairman of the Board's Nomination and Corporate Governance Committee from NIO Chairman Li Bin.</p><p>In this way, Nio simultaneously satisfies two existing listing rules and two proposed amendments to the listing rules, namely:</p><p><ul><li>The board of directors should include at least three independent directors, representing at least one-third of the board members (currently);</p><p></li><li>The Audit Committee shall have at least three members, all of whom shall be non-executive Directors (existing);</p><p></li><li>Mandatory establishment of a nomination committee chaired by an independent director with a majority of independent directors (amendment);</p><p></li><li>The Board shall have at least one member of the opposite sex (Amendment).</p><p></li></ul>In response to LatePost, Nio stated that the board adjustment was based on the management of technology companies with a market capitalization of hundreds of billions of yuan, increasing the diversity of the board composition, and had nothing to do with the Hong Kong listing.</p><p>In May of this year, NIO held a special general meeting of shareholders in hopes of changing the board structure, proposing to give the NIO User Trust the power to nominate a director.</p><p>LatePost has learned that the proposal has been passed, which means that the Nio board may add a director nominated by car owners.</p><p>Currently, Nio Motor Company has a total of 6 board seats, with Li Bin and Nio co-founder Qin Lihong holding 2 seats, James Gordon Mitchell, a director appointed by Tencent, the second largest external shareholder, holding 1 seat, and independent directors holding 3 seats. The three committees under the board of directors of Nio Motor Company, namely Audit, Remuneration, Nomination and Corporate Governance, are chaired by three independent directors.</p><p>This structure is extremely similar to that of XPeng Motor Company, which has already successfully dual-listed in Hong Kong. Moreover, in order to meet the Hong Kong listing requirements, XPeng Motor Company appointed two new independent directors as chairmen of the remuneration committee and the nomination committee respectively during the listing.</p><p>Long Yu, a new member of the Nio board of directors, has known Li Bin for many years. Starting in 2009, she led BAI Capital to invest in several companies founded and invested in by Li Bin, such as Yiche, Yixin, Uxin Used Cars, CheLun Connect, and Mobike.</p><p>Shortly after Yiche went public, Li Bin had dinner with Long Yu and said that his \"ultimate dream\" for travel was to build cars, and promised to give the third car to Long Yu's daughter Audrey. Seven years later, Li Bin fulfilled his contract.</p><p>In addition, the two sides also have a tacit understanding regarding overseas investment. In May of this year, Temasek, together with BAI and Joy Capital, jointly invested in a $64 million Series B financing round for Nio-based LiDAR supplier Tudaton, with existing shareholders Nio Capital, Stau Capital, and F-Prime Capital also participating.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/d-FonFpbhE4xT6KNa1AqHg\">晚点早知道</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/1e9aa56586a03fdd6464e21bfe99f7b5","relate_stocks":{"NIO":"蔚来"},"source_url":"https://mp.weixin.qq.com/s/d-FonFpbhE4xT6KNa1AqHg","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151852289","content_text":"之前小鹏回港上市时也做了类似的调整。\n\n今年三月，蔚来和小鹏都被传要回港二次上市。\n小鹏上月先回香港。蔚来暂无确切消息。不过蔚来最新的董事会人员变动使它逐渐贴合赴港上市规则，市场猜测回港敲钟箭在弦上。\n从 7 月 12 日起，BAI 资本创始及管理合伙人龙宇正式成为蔚来汽车董事会的第三名独立非执行董事、也是唯一一名女性董事。她还同时从蔚来董事长李斌那里接过董事会提名及企业治理委员会主席一职。\n这样一来，蔚来同时满足了 2 条既有上市规则和 2 条上市规则修订建议，分别是：\n\n董事会应包括至少三名独董，需占董事会成员人数至少三分之一（现有）；\n审核委员会成员至少三名，且须全部是非执行董事（现有）；\n强制设立提名委员会，由独董担任主席且成员以独董占大多数（修订）；\n董事会需有最少一名另一性别成员（修订）。\n\n对此，蔚来方面回应《晚点 LatePost》称，董事会调整是以千亿市值科技公司管理为标准，增加董事会构成的多样性，与赴港上市并无关联。\n今年 5 月，蔚来曾召开特别股东大会，希望改变董事会结构，拟给予 NIO User Trusta（蔚来用户信托）提名一位董事的权力。\n《晚点 LatePost》获悉该提案已经通过，这意味着蔚来董事会或将增加一名由车主推举提名的董事。\n目前蔚来汽车董事会共有 6 席，李斌、蔚来联合创始人秦力洪占 2 席，第二大外部股东腾讯派驻董事 James Gordon Mitchell 占 1 席，独董占 3 席。蔚来汽车董事会下设的三个委员会，审计、薪酬、提名及公司治理，由 3 位独董分任主席。\n这一结构与已经成功赴港双重上市的小鹏汽车极其相似。而且小鹏汽车此前为满足香港上市条件，在上市时新任命了两名独董分任薪酬委员会及提名委员会主席。\n新加入蔚来董事会的龙宇与李斌相识多年。从 2009 年开始，她带领 BAI 资本投资了李斌创办及投资的多个企业，如易车、易鑫、优信二手车、车轮互联、摩拜单车等。\n易车刚上市不久，李斌与龙宇吃饭时就称自己对于出行的 “终极梦想” 是造车，并允诺把第三辆下线的车送给龙宇的女儿 Audrey。七年后，李斌履约。\n除此之外，双方还在对外投资方面有着默契。今年 5 月，淡马锡与 BAI、愉悦资本联合投资蔚来激光雷达供应商图达通 6400 万美元 B 轮融资，老股东蔚来资本、斯道资本和 F-Prime Capital 也参与其中。","news_type":1,"symbols_score_info":{"NIO":0.9}},"isVote":1,"tweetType":1,"viewCount":3971,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147540095,"gmtCreate":1626366716617,"gmtModify":1703758870728,"author":{"id":"3582606750180670","authorId":"3582606750180670","name":"Jasterloo","avatar":"https://static.tigerbbs.com/bd293e3b462553bf279e50af31eb6514","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582606750180670","authorIdStr":"3582606750180670"},"themes":[],"title":"","htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/147540095","repostId":"2151278885","repostType":4,"isVote":1,"tweetType":1,"viewCount":3984,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}