SEARCH KEYWORD -- Revenue
Jack Ma speaks within the company's intranet post PDD earnings report
On November 28th, PinDuoDuo(PDD) released its financial report for the third quarter of 2023, ending on September 30th. The revenue for the third quarter was 688.4 billion RMB, showing a year-on-year growth of 93.9%. The net profit, according to the U.S. General Accounting Standards, reached 15.54 billion RMB, with a net profit margin of 22.6%. PDD attributed its overall positive performance to the accelerated recovery of the consumer market and the vigorous implementation of its "high-qual...
Four reasons we don’t apply the 80/20 rule
Why can’t we make more use of the 80/20 rule? I’ll review what the 80/20 rule is, explain how it can be powerful, then give four reasons why we don’t take advantage of it. What is the 80/20 rule? The 80/20 rule is amazing when you first learn about it. It says that efforts and results are often very unevenly distributed. You’ll get 80% of your results from the first 20% of your efforts. For example, maybe your top 20% of customers will provide 80% of your profit. O...
80/20,Development,Profit,Revenue,Effort 2012-02-08 10:03:50
Will IBM fall?
IBM has over 100 year's history and it faced many tough challenges along the way but every time it came back successfully. This time its revenue dropped 6 quarters consecutively, with the popularity of cloud computing and big data, IBM seems lag behind and is heavily hit by the storm. Its current technologies are only suitable for serving traditional companies 15 years ago but not companies now. Can IBM go though this challenge and come back again? It seems IBM doesn't want to be left out. Th...
IBM,transformation,Watson 2014-01-27 08:01:41
Will Weibo's IPO be a success?
The Chinese version of Twitter -- Weibo is going to launch its IPO today on NASDAQ. The stock code is "WB" and its target price per share is set to $17. The total funds it's going to raise is around $328.44 million. Weibo claims it's the first Chinese SNS media to be listed on NASDAQ. Goldman Sachs and Credit Suisse are the joint lead underwriter of the IPO. They have gained one option from Weibo for validity of 30 days to buy 2.52 million shares of ADS. One interesting thing is Goldman Sachs ...
Google is returning back to China
It has been five years since Google announced its difficult decision to leave China in 2010. The well known reason was that Google didn't want to conform to China's censorship request on sensitive information. During these five years, many stories happened bbetween these two sides. Things may turn around now as there are a few indications where Google may return back to China at an appropriate time soon. The most convincing indication is that a customized Google play -- Google online shop may a...
Google,China,Alphabet,Google play 2015-09-06 04:13:30
10 happiest tech companies in 2013
According to Tencent Tech, CareerBliss released a list of happiest tech company in America in 2013. Intuit is the happiest tech company in America in 2013. While Google which is widely considered as a best company to work for only ranks 4th place. Let's take a look at the top 10 happiest tech companies. 1. Intuit Happiness index : 4.27 Average salary: $77000 Don't think it's boring to work in a company which focus on software development, in contrast it's very interesting to work in Intuit. Bec...
CareerBliss,Happiest tech company 2013-04-18 12:33:43
The Long Grind Before You Become an Overnight Success
“So, what do you do?â€Ugh. I hated that question.The truth was that we were trying to start a new venture but we hadn’t really made any progress.But, instead of just muttering something, I would force myself to enthusiastically pitch our current struggling idea. They would nod along but the skepticism on their face was hard to ignore.And, when I was done, they would sometimes hit me with: “So, is that your full-time thing?†Ugh. What that really meant was: youâ€...
Startup,process,Waiting,Hardtime,Working 2011-09-29 10:42:54
How Cloud Computing is changing the Face of Business
The world of information is getting bigger and bigger and so does the need for cloud computing is felt broadly across various industries and platforms. The ever growing popularity and adoption are due to the fact that cloud computing is efficient, reliable and secure than any other business model. However, the way cloud computing is adopted across different enterprises may vary. How cloud computing has been adopted worldwide by companies- let us have a look at few statistics that would blow you...
CLOUD COMPUTING,SOFTWARE DEVELOPMENT,CLOUD SERVICES,CLOUD SOLUTION,SOFTWARE SOLUTIONS 2017-08-22 02:49:53
How much money do you *really* need to start your company?
I keep hearing startup entrepreneurs tell me “We need funding. If we just had $XXXk of investment, we’d be killing it right now.†I press them with one question: what would you do with the money if you had it? Inevitably the question is met with a blank stare. Most of the time people haven’t thought about it. The answers that do come feel a little half-baked:“Buy a bunch of ad words to get people to our site – that’s all we needâ€â€œBuild th...
Business,Startup,Investment,Money,Ad 2011-09-26 11:16:35
5 good anti SOPA designs
The Stop Online Piracy Act (SOPA) is a United States bill to expand the ability of U.S. law enforcement to combat online copyright infringement and online trafficking in counterfeit goods. Its goal is to protect the intellectual-property market and corresponding industry, jobs and revenue. However since its proposal, many organizations protest against it as they believed it would threaten free speech and innovation, and enable law enforcement to block access to entire internet domains due t...
RECENT
- Oval engagement rings from MoonOcean: Elegance of form and individual approach
- Hologres vs AWS Redshift
- GoLand connect to Hologres
- A journey to investigate a goroutine leakage case
- Understanding Slice Behavior in Go
- Breaking Barriers: How 3D Printing is Democratizing Product Development
- The Power of Efficiency: 10 Practical Energy-Saving Tips for Tech Startups
- Connect to SQLite using Go on Windows
- Break down defer statements in GoLang
- Rust vs Go: how to choose the best programming language for your project?
- more>>