The main reason for Baidu’s loss was the sell-off of Ctrip shares, which included 8.9 billion yuan in unrealized losses.
Big company
Baidu Q3 Camp Received 28.08 billion yuan, higher than market expectations
It is learned that Baidu released the third quarter financial report for 2019. The report shows that Baidu’s total revenue in the third quarter was 28.08 billion yuan, which was basically the same as that of the same period of last year, and the growth rate was 7%. The market expects revenue of 27.535 billion yuan; The loss was 6.37 billion yuan, and the net profit for the same period last year was 12.4 billion yuan. The net profit of Non-GAAP was 4.4 billion yuan. The main reason for the loss was the sell-off of Ctrip shares, which included 8.9 billion yuan in unrealized losses.
Aiqiyi Q3 has a total revenue of 7.4 billion yuan and a membership size of 105.8 million< /a>
It was learned that iQiyi released its third quarter earnings report in 2019. The financial report shows that iQiyi’s total revenue in the third quarter was 7.4 billion yuan, a year-on-year increase of 7%. The net loss was 3.7 billion yuan, compared with a net loss of 3.1 billion yuan in the same period last year. In the third quarter, iQiyi’s membership service revenue was 3.7 billion yuan, accounting for over 50% of revenue, online advertising revenue of 2.1 billion yuan, and content distribution and other revenues were 680.4 million yuan and 932.3 million yuan respectively. At the end of the third quarter, the number of Iqiyi subscription members reached 105.8 million, a year-on-year increase of 31%.
Ctrip and TripAdvisor form a joint venture
It was learned that on November 6, 2019, Ctrip and TripAdvisor, Inc. announced a strategic partnership and expanded global cooperation, including the establishment of joint ventures, global content agreements and corporate governance agreements.
China Import Consumer Market Report: 4.7 billion Tmall International Live Guides in July-September
Yesterday, Tmall International joined the Ali Research Institute, Deloitte, and China International Chamber of Commerce to publish the “China Import Consumer Market Research Report.” The report shows that the import consumption pattern of digital empowerment is becoming more and more abundant, and the live e-commerce has obvious effect on consumer drainage. From July to September 2019, the number of Tmall International live broadcast guides increased from 8.55 million in the same period in 2018 to 35.03 million, and the amount of guidance payments increased from 61.59 million to 470 million. Among them, the beauty and health care products industry has grown significantly. (Yibang Power)
Drip Liuqing: I also think that the product of the ride is not very useful for women >
It was learned that Liu Qing, the president of Didi Travel, said on Weibo that he is a senior female white-collar worker and feels that the current product of the shuttle is not very useful for female students. At the same time, he said, “But on the issue of security, it’s really a bit of a trial in the thin ice.Row. I kindly ask you to give us more time. We will immediately go to the council of the product function of the windmill, and welcome more criticisms and suggestions. “Drip today announced that it will continue to operate the windmill business in seven cities starting from the 20th, and the service time for female users is 5:00-20:00.
Adidas Q3 revenue increased 6%, Greater China performance increased 11%
It was learned that Adidas released its global results for the third quarter of 2019. Excluding the impact of the exchange rate, the company’s third-quarter results increased by 6%. The Adidas brand recorded a 6% revenue growth, of which Reebok brand sales increased by 2%. The e-commerce business achieved a 14% increase, and the company’s third-quarter sales increased 9% to 6.41 billion euros. Adidas Greater China achieved 11% growth, which is the second consecutive quarter of Adidas Greater China recorded double-digit growth.
It was learned that LeTV.com announced that on November 1, 2019, the company received a notice from the Third Intermediate People’s Court, and the company was required to pay a legal fee of 6.12 million before November 7, 2019.The company withdrew the lawsuit and the company’s current office space will be forced to retire. The company currently has the risk of paying the above-mentioned huge legal fees, or will cause the cash flow to break.
Qualcomm’s fourth-quarter net profit of $500 million, a year-on-year loss
According to Qualcomm’s fourth-quarter earnings report for fiscal year 2019, Qualcomm’s fourth-quarter revenue was $4.8 billion, down 17% year-on-year, but exceeded analysts’ expectations; net profit was $500 million, compared with a net loss of $500 million in the same period last year. The US dollar, not in accordance with US GAAP, Qualcomm’s adjusted net profit for the fourth quarter was $900 million, down 9% year-on-year. (Tencent Securities)
At the 2nd China International Import Expo Beijing theme event, Gome Retail Holdings Co., Ltd. and Samsung (China) Investment Co., Ltd. signed a 5 billion yuan purchase agreement, the two sides on smart home solutions, commodity differences Customized and other strategic cooperation. The 5 billion yuan purchase signed by Gome and Samsung includes large-size TVs, multi-door refrigerators, and large-capacity washing machines. (澎湃)
Alibaba’s first creative protection program is determined by technical means within five days
Li Lihan, Director of Intellectual Property Protection of Alibaba, said recently that Ali’s original protection platform will provide full link protection for the company’s first creative design, short videos and pictures through technology and model innovation. The original merchant can upload the new creative design to the original protection platform in the first time. Within five days, the platform will be able to confirm its rights through technical means such as “time stamp”. Once there is infringement such as plagiarism imitation, the merchant can make a one-click complaint. (Yibang Power)
JD.com launches the first consumer digital financial solution
Recently, Jingdong Digital released the industry’s first “financial digital solution for consumer scenes”. Through the reorganization of internal and external technologies, products and resources, it provided financial institutions with the required financial products, big data risk control and bottom layer. Services such as accounts. The first landing partner of “Consumer Scene Financial Digital Solution” is the flight butler & high-speed rail butler, and launched the first joint credit payment product “Bai Li Bai” with Jingdong Digital. After half a year on the line, the active number is nearly 500,000. . (Securities Daily)
It is learned that under the guidance of the People’s Bank of China, Tencent has reached a series of cooperation with Visa, Mastercard, AmericanExpress, Discover Global Network (including Diners Club) and JCB five international card organizations to support international credit cards opened overseas. Bind WeChat payment, alreadySupport users in the 12306 ticket purchase, Didi Chuxing, Jingdong, Ctrip and other dozens of merchants covering food, clothing and housing.
China Telecom has reached a procurement cooperation intention with Nokia, Ericsson, Samsung and Dell
It was learned from China Telecom that at the 2nd China International Import Expo, China Telecom and four international partners including Nokia, Ericsson, Samsung and Dell reached an intention of procurement cooperation. The procurement scope covers 5G wireless main equipment, LTE wireless main equipment, routers, gateways, EPC, servers, mobile terminals and other equipment and services. According to the agreement, China Telecom and various suppliers have reached in-depth cooperation intentions in 5G, cloud computing, and optical width. (Securities Times)
New Products
Google Announces OpenTitan, an Open Source Secure Chip Design Project
November 6th news, according to foreign media reports, Google recently announced that it will cooperate with several companies and non-profit organizations to launch an open source security chip design project called OpenTitan. The OpenTitan project is an open source project to enhance chip security, named after Google’s self-developed Titan chip used in its data centers and Pixel smartphones. The goal of the new alliance is to create a reliable chip design for data centers and