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Top related persons:
Shawn Yang - 3 David Kirton - 1 HONG KONG - 1 Tencent - 1 Josh Ye - 1 Himani Sarkar - 1 Raju Gopalakrishnan - 1
Top related locs:
Nanshan district Shenzhen Guangdong province China HONG fintech
Top related orgs:
Blue Lotus Capital Advisors - 2 Blue Lotus Capital - 1 REUTERS - 1 Tencent Holdings - 1 HK - 1 Refinitiv - 1 Inc - 1 Thomson - 1

Search resuls for: "Blue Lotus Capital Advisors"


7 mentions found


☆ Tencent is losing market share in gaming, says asset management firm
  + stars: | 2023-08-17 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTencent is losing market share in gaming, says asset management firmShawn Yang of Blue Lotus Capital Advisors discusses JD.com's and Tencent's earnings and the pressures the companies are facing.
Persons: Shawn Yang Organizations: Blue Lotus Capital
☆ China's Tencent posts smaller than expected revenue growth; gaming falls short
  + stars: | 2023-08-16 | by ( Josh Ye | ) www.reuters.com   time to read: +2 min
The world's largest video game company and operator of the WeChat messaging platform said revenue reached 149.20 billion yuan ($20.45 billion) for the three months ended June 30. That compared with the 151.73 billion yuan average of 21 analyst estimates compiled by Refinitiv. Domestic gaming revenue stayed mostly flat at 31.8 billion yuan, while international gaming revenue rose 12% to 12.7 billion yuan, excluding the impact of currency movements. It grew 34% to 25 billion yuan as its TikTok-like short video service Video Accounts experienced increased demand. Revenue from fintech and business services grew 15% to 48.6 billion yuan which the company said reflected expansion in both offline and online payment activities.
Persons: David Kirton, HONG KONG, Tencent, Shawn Yang, Josh Ye, Himani Sarkar, Raju Gopalakrishnan Organizations: REUTERS, Tencent Holdings, HK, Refinitiv, Blue Lotus Capital Advisors, Inc, Thomson Locations: Nanshan district, Shenzhen, Guangdong province, China, HONG, fintech
☆ Pinduoduo or Meituan? Asset management firm weighs in
  + stars: | 2023-06-19 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPinduoduo or Meituan? Asset management firm weighs inShawn Yang of Blue Lotus Capital Advisors explains which online Chinese retailer is the better pick.
Persons: Shawn Yang Organizations: Blue Lotus Capital Advisors
☆ A.I. could help Alibaba boost growth in its cloud business, asset management firm says
  + stars: | 2023-04-12 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA.I. could help Alibaba boost growth in its cloud business, asset management firm saysShawn Yang of Blue Lotus Capital Advisors says artificial intelligence will be very important for all Chinese technology companies and explains why investors should buy Alibaba.
☆ China's Bilibili is a 'long way' from breakeven, says asset management firm
  + stars: | 2023-03-03 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's Bilibili is a 'long way' from breakeven, says asset management firmShawn Yang of Blue Lotus Capital Advisors says that's because of the video-sharing website's strategy.
☆ Analysis: Tencent bets big on WeChat Channels in push to build its own TikTok
  + stars: | 2023-01-13 | by ( Josh Ye | ) www.reuters.com   time to read: +6 min
"Tencent hopes it can turn Channels into the next WeChat Pay. Two sources familiar with Tencent said the importance of Channels has been repeatedly communicated within the company. In November, Tencent President Martin Lau said Channels' advertising revenue was on track to reach 1 billion yuan in the fourth quarter of 2022. "For example, in Douyin or Kuaishou, you won't be able to ask your viewers to add you on WeChat. But on Channels, you can quickly add somebody on WeChat," Yang said.
☆ Chinese tech giant Alibaba is one of our top picks this year, says asset management firm
  + stars: | 2023-01-04 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChinese tech giant Alibaba is one of our top picks this year, says asset management firmShawn Yang of Blue Lotus Capital Advisors says apparel and makeup, which are product categories under Alibaba, are likely to do well as China reopens.
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