China Technology Insights

  OYO, an 8-year-old Indian unicorn, recently got the attention of Microsoft. According to Sina Technology, people familiar with the matter revealed that Microsoft is in late-stage negotiations with the Indian hotel chain OYO, and Microsoft plans to invest in OYO at a valuation of US$9 billion. People familiar with the matter said that the transaction may be announced in the next few weeks, kicking off the OYO listing. And Microsoft's investment may involve OYO's shift to Microsoft's cloud services. Previously, OYO's investors included SoftBank Vision Fund (OTCPK: SFTBY), Sequoia Capital (Sequoia Capital), Lightspeed Ventures (Lightspeed Ventures), Airbnb (NASDAQ: ABNB), and Hero Enterprise. SoftBank holds 46% of the company. Of shares. Favored by Microsoft, where does OYO come from? Oyo Hotel is an Indian economy hotel chain brand established in 2013. Launched the first OYO hotel APP in 2015 and entered the Chinese market in November 2017. OYO aims at budget hotels, pr

After the market on July 29, Amazon released its second-quarter 2021 financial report. This is also the first time Amazon has announced its results after Bezos stepped down in June. 【Key Points】 1. Amazon’s total revenue in the second quarter was US$113.08 billion, a year-on-year increase of 27% (excluding the impact of exchange rate changes, a year-on-year increase of 24%). The revenue level is lower than the previously expected 115.2 billion US dollars of analysts. 2. Net profit was 7.778 billion U.S. dollars, an increase of 48% compared with 5.243 billion U.S. dollars in the same period last year, and lower than analysts’ expectations of 8.574 billion U.S. dollars. 3. Amazon gives guidance for the next quarter, predicting that the third-quarter revenue will be between 106 billion and 112 billion US dollars, which is also lower than analysts’ expectations of 119.2 billion US dollars. After the market on July 29, Amazon released its second-quarter 2021 financial report. This is also t

The outcome of the trial is likely to have a profound impact on the distribution and distribution of films after the epidemic. As a highly influential first-line female star in Hollywood, the lawsuit brought by “Black Widow” Scarlett Johansson against Disney is causing a chain reaction. According to a report in the Wall Street Journal, Scarlett Johansson, the star of the Marvel movie “Black Widow”, filed a lawsuit in the Los Angeles Superior Court last Thursday, accusing Disney of breaching the contract by showing “Black Widow” in theaters and Disney+ streaming services. And it made her lose the box office share. Foreign media’s litigation documents show that the previous agreement between Scarlett Johansson and Disney’s Marvel Entertainment guarantees that “Black Widow” will be released exclusively in theaters for 90 to 120 days. However, Disney violated the agreement and paid less than $30. The rent has released movies in theaters and its streaming media Disney+ at the same time. Acc

AMD, MSFT, and GOOG financial reports hit Earnings Preview Wall Street estimates AMD’s earnings per share will be 54 cents and revenue will be $3.62 billion. In comparison, earnings per share in the same period last year were 18 cents and revenue was $1.93 billion. Aspect Although 11 of the past 15 earnings reports have excee d ed expectations in revenue and profits, AMD’s stock has not benefited from the company’s strong top and bottom line data. The investor and analyst community seem to take AMD’s growth story for granted. But will it be different this time? Bank of America analyst Vivek Arya listed AMD as the top three semiconductor company for long-term cloud-driven growth. He pointed out that the company has the ability to be “excellent in a slowing growth environment in large markets such as personal computers, automobiles, and automobiles.” AMD’s gross profit margin is also a key factor in its success and increase in cash flow. Assuming AMD’s gross profit margin continues to ri

With many variables such as the epidemic, vaccines, and huge costs, will the Tokyo Olympics, which no one shouts about, become the most inexistent Olympics in history? For the three members of the South African national men’s football team a n d the coach of the rugby team Powell (Neil Powell), their journey to the Tokyo Olympics ended when they entered Japan because they tested positive for nucleic acid when they arrived at the Japanese airport. According to the Tokyo Olympics’ epidemic prevention code, this means that they must spend 14 days in a designated isolation facility, and if they want to return to the Olympics, unless their team can reach the semi-finals. As people related to the Olympics continue to be diagnosed in the Olympic Village, both the International Olympic Committee and the Tokyo Olympic Organizing Committee are “walking a tightrope” between the epidemic and the competition. Tokyo Olympic Organizing Committee CEO Toshiro Muto even gave a strong hint that the compe