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KangR

KangR

个人简介：Diamond Hands

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0勋章

2021-12-09

Ride sharing is not a good business to invest in but if we look at digital wallet and banking, I can safely say I don’t know a single person under 25 that doesn’t use grabpay so if we are investing in the futureof digital banking it can easily replace trad bank like ocbc or Uob.

The Grab IPO's Many, Many Problems

2021-11-29

Hahahaha

Twitter CEO Jack Dorsey is expected to step down, sources say

2021-11-21

$Lucid Group Inc(LCID)$Is car of the year!

2021-11-17

$Lucid Group Inc(LCID)$HFSP shorts

2021-11-16

$Lucid Group Inc(LCID)$Will be eclipse the market cap of $Rivian Automotive, Inc.(RIVN)$before end of this year

2021-11-09

$Lucid Group Inc(LCID)$Low volume dump to scare off the weak hands and also to lower the RSI,technical charts shows it will close below $43 today and open lower tomorrow before another spike up towards results day

2021-11-09

$Lemonade, Inc.(LMND)$buying over metromile might be short term dilutive but longer term they will be the main insure-tech in the next 10years. Iwant to see how traditional insurer with their fat comp package for agents compete with this new AI tech. Easily a $50b company

2021-11-03

Have been waiting for this news for a long time, Interestingly I believe this might overshadow their main business in the coming years

Here's Why Lemonade Stock Is Soaring Today

2021-11-01

$Lucid Group Inc(LCID)$Pre & post market hike vs sell down during the day, can see that funds and PE are loading while retail are selling/shorting.

2021-11-01

$Razer(01337)$A lot of insti buying under $2 wonder what’s going on..

2021-10-29

$Razer(01337)$What’s the announcement?

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sharing is not a good business to invest in but if we look at digital wallet and banking, I can safely say I&nbsp;don’t know a single person&nbsp;under 25 that doesn’t use grabpay so if we are investing in the futureof digital banking it can easily replace trad bank like ocbc or Uob.&nbsp;","listText":"Ride sharing is not a good business to invest in but if we look at digital wallet and banking, I can safely say I&nbsp;don’t know a single person&nbsp;under 25 that doesn’t use grabpay so if we are investing in the futureof digital banking it can easily replace trad bank like ocbc or Uob.&nbsp;","text":"Ride sharing is not a good business to invest in but if we look at digital wallet and banking, I can safely say I don’t know a single person under 25 that doesn’t use grabpay so if we are investing in the futureof digital banking it can easily replace trad bank like ocbc or Uob.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/602706535","repostId":"1115551422","repostType":2,"repost":{"id":"1115551422","pubTimestamp":1638933173,"share":"https://www.laohu8.com/m/news/1115551422?lang=&edition=full","pubTime":"2021-12-08 11:12","market":"us","language":"en","title":"The Grab IPO's Many, Many Problems","url":"https://stock-news.laohu8.com/highlight/detail?id=1115551422","media":"Seeking Alpha","summary":"Summary\n\nSoutheast Asian company Grab launched its public debut last week, but the price drastically","content":"<p>Summary</p>\n<ul>\n <li>Southeast Asian company Grab launched its public debut last week, but the price drastically fell, and it currently has a market cap of about $35 billion.</li>\n <li>Grab is competing in a rich market and offers a wide range of services, but faces intense competition on multiple fronts from larger companies.</li>\n <li>Grab’s revenue is growing rapidly, but it lacks a sustained history, and its profitability and valuation numbers need significant improvement.</li>\n <li>Given the above factors, investors should not consider this IPO.</li>\n</ul>\n<p>The past few days have not gone well for southeast Asian company Grab(NASDAQ:GRAB). The company, or rather the SPAC it merged with known as Altimeter Growth Corp, debuted its IPO last Thursday at a price of $13.05, achieving a valuation of nearly $40 billion and making it one of the largest IPOs of the year. But as&nbsp;CNN&nbsp;reported, the company's valuation declined by 21%. As of the time of writing Monday morning, Grab currently has a share price of $8.99, giving it a market cap of around $35 billion.</p>\n<p>Company president Ming Maa put a brave face on this initial result, telling&nbsp;Fortune&nbsp;that Southeast Asia is on the cusp of a digital revolution and that he believes Grab can grow rapidly and become profitable. But when one looks at Grab's financial numbers and prospects, there are many reasons to be very concerned about this company's future. Grab could very well become another Uber(NYSE:UBER), which after its recent fall is now trading below its IPO price of 2.5 years ago.</p>\n<p><b>The Company Problem</b></p>\n<p>Grab is at its core a ridesharing company and debuted as a taxi app in Malaysia in 2012. But like Uber, it aims to be so much more. The company states in its&nbsp;prospectus&nbsp;that:</p>\n<blockquote>\n \"We enable millions of people each day to access driver- and merchant-partners to order food or groceries, send packages, hail a ride or taxi, pay for online purchases or access services such as lending, insurance, wealth management and telemedicine.\"\n</blockquote>\n<p>It operates across eight countries in the Southeast Asian region.</p>\n<p>At its core, Grab has three main businesses. Its first and most important is ride-hailing, which connects five million \"driver-partners\" with customers. Second, it focuses on food delivery, whether from restaurants or from grocery stores. Finally, Grab has begun focusing on financial services, which includes GrabPay, GrabInsure, and GrabFinance among others. GrabPay is a digital payments solution, GrabInsure offers a variety of insurance, including critical illness insurance and travel insurance, and GrabFinance provides access to loans.</p>\n<p>In short, Grab is offering a wide range of services and products to a region which is rapidly growing and becoming more affluent. Despite going public in the US, Grab is primarily focused with no plans to expand outside the region. Southeast Asia has been badly hit by COVID, and worries about the omicron variant could further decrease economic growth forecasts.</p>\n<p>But the region has plenty of potential, in terms of digital growth and a wealthier population. Grab expects the \"total addressable market to grow from approximately $52 billion in 2020 to more than $180 billion by 2025.\"</p>\n<p>The problem is that, while Grab's potential is high, it also faces intense competition in all these fields. This is especially so in the financial services sector, where Apple(NASDAQ:AAPL)and Google Pay(NASDAQ:GOOGL)(NASDAQ:GOOG)have become active recently. Grab does not have any distinguishing moat which uniquely distinguishes itself from its competitors. And as we have seen with Uber, competition means that ridesharing companies are forced to offer cutthroat rates and discounts, impacting their financial numbers and upsetting their workers.</p>\n<p><b>The Financial Problem</b></p>\n<p>Those discounts and cutthroat rates will be a further problem given Grab's financial situation. The good news is that Grab grew dramatically in over the past year. It reported a revenue of $396 million in the first half of 2021, a 406% growth compared to the same period in 2020.</p>\n<p>But while the revenue growth is impressive, Grab does not have a history of sustained revenue growth. The fact that it reported a revenue of$157 million&nbsp;for the 2021 third quarter, down 9% year to year thanks to increasing COVID restrictions, should further worry investors about whether Grab can maintain such high growth in the face of tough competition.</p>\n<p>Furthermore, its profitability numbers are awful. While tech companies losing money is nothing unusual, Grab did not even make a gross profit in the first half of 2021, with a cost of revenue of $507 million. Its total net loss was $1.4 billion over that timeframe.</p>\n<p>Grab wants to use a figure called adjusted EBITDA, which shows that its earnings improved from a loss of $550 million in the first half of 2020 to a loss of $325 million in 2021. But even if we are to accept this, we are once again looking at a lack of a history of sustained profitability growth. As Uber and Lyft (NASDAQ:LYFT) show, it is not easy to assume that a ridesharing company can become profitable anytime soon.</p>\n<p>Finally, there is the matter of Grab's $35 billion valuation. Grab had $14 billion in total liabilities and $3.6 billion in cash as of June 30, 2021. This gives the company an enterprise value of about $45 billion. If we extrapolate Grab's 2021 first half revenue over the entire year, that gives the company a ludicrous EV/revenue ratio of 56.8. Even this number could be higher, given that its second half revenue probably will not reach its first half, given its disappointing third quarter numbers.</p>\n<p>By contrast, Uber has an EV/revenue of about 5. While Uber is of course a far more established company, Grab's lower valuation is still ridiculously high even by the standards of a tech company.</p>\n<p><b>The Final Problem</b></p>\n<p>Ridesharing companies have not been good investments so far, with Uber and Lyft both falling below their IPO price. But even those companies, warts and all, are still much better investments than Grab. Whether we look at its outsized valuation, its recent drop in revenue, or the competitive nature of its markets, there is little reason to seriously consider this IPO. While it has major potential should things go well, this is already baked into the price. Investors should not even remotely consider this IPO.</p>","source":"seekingalpha","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>The Grab IPO's Many, Many Problems</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nThe Grab IPO's Many, Many Problems\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-08 11:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4473779-grab-stock-ipo-many-problems><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nSoutheast Asian company Grab launched its public debut last week, but the price drastically fell, and it currently has a market cap of about $35 billion.\nGrab is competing in a rich market ...</p>\n\n<a href=\"https://seekingalpha.com/article/4473779-grab-stock-ipo-many-problems\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GRAB":"Grab Holdings"},"source_url":"https://seekingalpha.com/article/4473779-grab-stock-ipo-many-problems","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1115551422","content_text":"Summary\n\nSoutheast Asian company Grab launched its public debut last week, but the price drastically fell, and it currently has a market cap of about $35 billion.\nGrab is competing in a rich market and offers a wide range of services, but faces intense competition on multiple fronts from larger companies.\nGrab’s revenue is growing rapidly, but it lacks a sustained history, and its profitability and valuation numbers need significant improvement.\nGiven the above factors, investors should not consider this IPO.\n\nThe past few days have not gone well for southeast Asian company Grab(NASDAQ:GRAB). The company, or rather the SPAC it merged with known as Altimeter Growth Corp, debuted its IPO last Thursday at a price of $13.05, achieving a valuation of nearly $40 billion and making it one of the largest IPOs of the year. But as CNN reported, the company's valuation declined by 21%. As of the time of writing Monday morning, Grab currently has a share price of $8.99, giving it a market cap of around $35 billion.\nCompany president Ming Maa put a brave face on this initial result, telling Fortune that Southeast Asia is on the cusp of a digital revolution and that he believes Grab can grow rapidly and become profitable. But when one looks at Grab's financial numbers and prospects, there are many reasons to be very concerned about this company's future. Grab could very well become another Uber(NYSE:UBER), which after its recent fall is now trading below its IPO price of 2.5 years ago.\nThe Company Problem\nGrab is at its core a ridesharing company and debuted as a taxi app in Malaysia in 2012. But like Uber, it aims to be so much more. The company states in its prospectus that:\n\n \"We enable millions of people each day to access driver- and merchant-partners to order food or groceries, send packages, hail a ride or taxi, pay for online purchases or access services such as lending, insurance, wealth management and telemedicine.\"\n\nIt operates across eight countries in the Southeast Asian region.\nAt its core, Grab has three main businesses. Its first and most important is ride-hailing, which connects five million \"driver-partners\" with customers. Second, it focuses on food delivery, whether from restaurants or from grocery stores. Finally, Grab has begun focusing on financial services, which includes GrabPay, GrabInsure, and GrabFinance among others. GrabPay is a digital payments solution, GrabInsure offers a variety of insurance, including critical illness insurance and travel insurance, and GrabFinance provides access to loans.\nIn short, Grab is offering a wide range of services and products to a region which is rapidly growing and becoming more affluent. Despite going public in the US, Grab is primarily focused with no plans to expand outside the region. Southeast Asia has been badly hit by COVID, and worries about the omicron variant could further decrease economic growth forecasts.\nBut the region has plenty of potential, in terms of digital growth and a wealthier population. Grab expects the \"total addressable market to grow from approximately $52 billion in 2020 to more than $180 billion by 2025.\"\nThe problem is that, while Grab's potential is high, it also faces intense competition in all these fields. This is especially so in the financial services sector, where Apple(NASDAQ:AAPL)and Google Pay(NASDAQ:GOOGL)(NASDAQ:GOOG)have become active recently. Grab does not have any distinguishing moat which uniquely distinguishes itself from its competitors. And as we have seen with Uber, competition means that ridesharing companies are forced to offer cutthroat rates and discounts, impacting their financial numbers and upsetting their workers.\nThe Financial Problem\nThose discounts and cutthroat rates will be a further problem given Grab's financial situation. The good news is that Grab grew dramatically in over the past year. It reported a revenue of $396 million in the first half of 2021, a 406% growth compared to the same period in 2020.\nBut while the revenue growth is impressive, Grab does not have a history of sustained revenue growth. The fact that it reported a revenue of$157 million for the 2021 third quarter, down 9% year to year thanks to increasing COVID restrictions, should further worry investors about whether Grab can maintain such high growth in the face of tough competition.\nFurthermore, its profitability numbers are awful. While tech companies losing money is nothing unusual, Grab did not even make a gross profit in the first half of 2021, with a cost of revenue of $507 million. Its total net loss was $1.4 billion over that timeframe.\nGrab wants to use a figure called adjusted EBITDA, which shows that its earnings improved from a loss of $550 million in the first half of 2020 to a loss of $325 million in 2021. But even if we are to accept this, we are once again looking at a lack of a history of sustained profitability growth. As Uber and Lyft (NASDAQ:LYFT) show, it is not easy to assume that a ridesharing company can become profitable anytime soon.\nFinally, there is the matter of Grab's $35 billion valuation. Grab had $14 billion in total liabilities and $3.6 billion in cash as of June 30, 2021. This gives the company an enterprise value of about $45 billion. If we extrapolate Grab's 2021 first half revenue over the entire year, that gives the company a ludicrous EV/revenue ratio of 56.8. Even this number could be higher, given that its second half revenue probably will not reach its first half, given its disappointing third quarter numbers.\nBy contrast, Uber has an EV/revenue of about 5. While Uber is of course a far more established company, Grab's lower valuation is still ridiculously high even by the standards of a tech company.\nThe Final Problem\nRidesharing companies have not been good investments so far, with Uber and Lyft both falling below their IPO price. But even those companies, warts and all, are still much better investments than Grab. Whether we look at its outsized valuation, its recent drop in revenue, or the competitive nature of its markets, there is little reason to seriously consider this IPO. While it has major potential should things go well, this is already baked into the price. Investors should not even remotely consider this IPO.","news_type":1},"isVote":1,"tweetType":1,"viewCount":316,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":600736242,"gmtCreate":1638197005599,"gmtModify":1638197007666,"author":{"id":"3577146938610613","authorId":"3577146938610613","name":"KangR","avatar":"https://static.tigerbbs.com/2f9f8c4970fd7da24c04d7e2226bd1d6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Hahahaha","listText":"Hahahaha","text":"Hahahaha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/600736242","repostId":"1129923870","repostType":4,"repost":{"id":"1129923870","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1638196054,"share":"https://www.laohu8.com/m/news/1129923870?lang=&edition=full","pubTime":"2021-11-29 22:27","market":"us","language":"en","title":"Twitter CEO Jack Dorsey is expected to step down, sources say","url":"https://stock-news.laohu8.com/highlight/detail?id=1129923870","media":"Tiger Newspress","summary":"Twitter stock soars 11% premarket after CNBC reported CEO Jack Dorsey expected to step down.\n\nTwitte","content":"<p>Twitter stock soars 11% premarket after CNBC reported CEO Jack Dorsey expected to step down.</p>\n<p><img src=\"https://static.tigerbbs.com/c81acee3d96721e2ddf905c289f26d2b\" tg-width=\"853\" tg-height=\"621\" referrerpolicy=\"no-referrer\"></p>\n<p>Twitter&nbsp;CEO Jack Dorsey is expected to step down from his executive role, sources tell CNBC’s David Faber.</p>\n<p>Dorsey currently serves as both the CEO of Twitter and&nbsp;Square, his digital payments company.</p>","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>Twitter CEO Jack Dorsey is expected to step down, sources say</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nTwitter CEO Jack Dorsey is expected to step down, sources say\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-29 22:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Twitter stock soars 11% premarket after CNBC reported CEO Jack Dorsey expected to step down.</p>\n<p><img src=\"https://static.tigerbbs.com/c81acee3d96721e2ddf905c289f26d2b\" tg-width=\"853\" tg-height=\"621\" referrerpolicy=\"no-referrer\"></p>\n<p>Twitter&nbsp;CEO Jack Dorsey is expected to step down from his executive role, sources tell CNBC’s David Faber.</p>\n<p>Dorsey currently serves as both the CEO of Twitter and&nbsp;Square, his digital payments company.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129923870","content_text":"Twitter stock soars 11% premarket after CNBC reported CEO Jack Dorsey expected to step down.\n\nTwitter CEO Jack Dorsey is expected to step down from his executive role, sources tell CNBC’s David Faber.\nDorsey currently serves as both the CEO of Twitter and Square, his digital payments company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":244,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":872613724,"gmtCreate":1637501743657,"gmtModify":1637501743735,"author":{"id":"3577146938610613","authorId":"3577146938610613","name":"KangR","avatar":"https://static.tigerbbs.com/2f9f8c4970fd7da24c04d7e2226bd1d6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LCID\">$Lucid Group Inc(LCID)$</a>Is car of the year!&nbsp;","listText":"<a href=\"https://laohu8.com/S/LCID\">$Lucid Group Inc(LCID)$</a>Is car of the year!&nbsp;","text":"$Lucid Group Inc(LCID)$Is car of the year!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/872613724","isVote":1,"tweetType":1,"viewCount":470,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":878187193,"gmtCreate":1637160092302,"gmtModify":1637160172951,"author":{"id":"3577146938610613","authorId":"3577146938610613","name":"KangR","avatar":"https://static.tigerbbs.com/2f9f8c4970fd7da24c04d7e2226bd1d6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LCID\">$Lucid Group Inc(LCID)$</a>HFSP shorts&nbsp;","listText":"<a href=\"https://laohu8.com/S/LCID\">$Lucid Group Inc(LCID)$</a>HFSP shorts&nbsp;","text":"$Lucid Group Inc(LCID)$HFSP shorts","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/878187193","isVote":1,"tweetType":1,"viewCount":396,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":871209621,"gmtCreate":1637071016033,"gmtModify":1637071579893,"author":{"id":"3577146938610613","authorId":"3577146938610613","name":"KangR","avatar":"https://static.tigerbbs.com/2f9f8c4970fd7da24c04d7e2226bd1d6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LCID\">$Lucid Group Inc(LCID)$</a>Will be eclipse the market cap of <a href=\"https://laohu8.com/S/RIVN\">$Rivian Automotive, Inc.(RIVN)$</a>before end of this year&nbsp;","listText":"<a href=\"https://laohu8.com/S/LCID\">$Lucid Group Inc(LCID)$</a>Will be eclipse the market cap of <a href=\"https://laohu8.com/S/RIVN\">$Rivian Automotive, Inc.(RIVN)$</a>before end of this year&nbsp;","text":"$Lucid Group Inc(LCID)$Will be eclipse the market cap of $Rivian Automotive, Inc.(RIVN)$before end of this year","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/871209621","isVote":1,"tweetType":1,"viewCount":402,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":847076374,"gmtCreate":1636470113340,"gmtModify":1636470113540,"author":{"id":"3577146938610613","authorId":"3577146938610613","name":"KangR","avatar":"https://static.tigerbbs.com/2f9f8c4970fd7da24c04d7e2226bd1d6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LCID\">$Lucid Group Inc(LCID)$</a>Low volume dump to scare off the weak hands and also to lower the RSI,technical charts shows it will close below $43 today and open lower tomorrow before another spike up towards results day","listText":"<a href=\"https://laohu8.com/S/LCID\">$Lucid Group Inc(LCID)$</a>Low volume dump to scare off the weak hands and also to lower the RSI,technical charts shows it will close below $43 today and open lower tomorrow before another spike up towards results day","text":"$Lucid Group Inc(LCID)$Low volume dump to scare off the weak hands and also to lower the RSI,technical charts shows it will close below $43 today and open lower tomorrow before another spike up towards results day","images":[{"img":"https://static.tigerbbs.com/4270d6c294f8c8c406eab60edd38100c","width":"750","height":"1806"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/847076374","isVote":1,"tweetType":1,"viewCount":1339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":844619012,"gmtCreate":1636421432658,"gmtModify":1636421432847,"author":{"id":"3577146938610613","authorId":"3577146938610613","name":"KangR","avatar":"https://static.tigerbbs.com/2f9f8c4970fd7da24c04d7e2226bd1d6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LMND\">$Lemonade, Inc.(LMND)$</a>buying over metromile might be&nbsp;short term dilutive but longer term they will be the main insure-tech in the next 10years. Iwant to see how traditional insurer with their fat comp package for agents compete with this new AI tech. Easily a $50b company&nbsp;","listText":"<a href=\"https://laohu8.com/S/LMND\">$Lemonade, Inc.(LMND)$</a>buying over metromile might be&nbsp;short term dilutive but longer term they will be the main insure-tech in the next 10years. Iwant to see how traditional insurer with their fat comp package for agents compete with this new AI tech. Easily a $50b company&nbsp;","text":"$Lemonade, Inc.(LMND)$buying over metromile might be short term dilutive but longer term they will be the main insure-tech in the next 10years. Iwant to see how traditional insurer with their fat comp package for agents compete with this new AI tech. Easily a $50b company","images":[{"img":"https://static.tigerbbs.com/2d0ea8719c1dd43c5c5cdfcc768b7c44","width":"750","height":"1815"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/844619012","isVote":1,"tweetType":1,"viewCount":1028,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":848988288,"gmtCreate":1635953710165,"gmtModify":1635953710344,"author":{"id":"3577146938610613","authorId":"3577146938610613","name":"KangR","avatar":"https://static.tigerbbs.com/2f9f8c4970fd7da24c04d7e2226bd1d6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Have been waiting for this news for a long time,&nbsp;Interestingly I believe this might overshadow their main business in the coming years","listText":"Have been waiting for this news for a long time,&nbsp;Interestingly I believe this might overshadow their main business in the coming years","text":"Have been waiting for this news for a long time, Interestingly I believe this might overshadow their main business in the coming years","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/848988288","repostId":"2180522657","repostType":2,"repost":{"id":"2180522657","pubTimestamp":1635953404,"share":"https://www.laohu8.com/m/news/2180522657?lang=&edition=full","pubTime":"2021-11-03 23:30","market":"us","language":"en","title":"Here's Why Lemonade Stock Is Soaring Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2180522657","media":"Motley Fool","summary":"The insurance technology company just gave investors some great news.","content":"<h2>What happened</h2>\n<p>The stock market was little changed shortly after the opening bell on Wednesday, but insurance technology company <b>Lemonade</b> (NYSE:LMND) was a big exception. Lemonade shares&nbsp;once&nbsp;rose more than 16%.</p>\n<p><img src=\"https://static.tigerbbs.com/5a3823002e3fcab47063c107ac92c941\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n<h2>So what</h2>\n<p>Although we're in earnings season, we haven't heard Lemonade's latest results yet. Instead, investors are cheering the launch of Lemonade Car, the company's much-anticipated auto insurance platform.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F650343%2Flemonade-3.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"><span>Image source: Getty Images.</span></p>\n<p>After giving a vague timeline in its latest quarterly report, Lemonade announced on Wednesday morning that Lemonade Car has officially launched. At first, the new auto insurance product will be available to Illinois drivers, but the company plans to roll it out nationwide. Tennessee will be the next state to add Lemonade Car, followed later by other states.</p>\n<h2>Now what</h2>\n<p>Lemonade has well over 1 million customers, but most of its revenue comes from low-cost types of insurance, particularly renters insurance, where the average policy costs around $15 per month. Auto insurance premiums average about 10 times this amount, and the company estimates that its current customer base spends more than $1 billion annually on auto insurance. With an extremely high rate of customer satisfaction, it has a big opportunity to quickly scale up this new business.</p>\n<p>What's more, auto insurance in general is a much larger market than Lemonade's core business. In the U.S. alone, auto insurance is a $288 billion market, as compared with about $4 billion for renters insurance. With most auto insurers still providing a clunky (at best) claims process, Lemonade has a unique opportunity to disrupt the space.</p>","source":"fool_stock","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>Here's Why Lemonade Stock Is Soaring Today</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nHere's Why Lemonade Stock Is Soaring Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-03 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/11/03/heres-why-lemonade-stock-is-soaring-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nThe stock market was little changed shortly after the opening bell on Wednesday, but insurance technology company Lemonade (NYSE:LMND) was a big exception. Lemonade shares once rose more...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/03/heres-why-lemonade-stock-is-soaring-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LMND":"Lemonade, Inc."},"source_url":"https://www.fool.com/investing/2021/11/03/heres-why-lemonade-stock-is-soaring-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2180522657","content_text":"What happened\nThe stock market was little changed shortly after the opening bell on Wednesday, but insurance technology company Lemonade (NYSE:LMND) was a big exception. Lemonade shares once rose more than 16%.\n\nSo what\nAlthough we're in earnings season, we haven't heard Lemonade's latest results yet. Instead, investors are cheering the launch of Lemonade Car, the company's much-anticipated auto insurance platform.\nImage source: Getty Images.\nAfter giving a vague timeline in its latest quarterly report, Lemonade announced on Wednesday morning that Lemonade Car has officially launched. At first, the new auto insurance product will be available to Illinois drivers, but the company plans to roll it out nationwide. Tennessee will be the next state to add Lemonade Car, followed later by other states.\nNow what\nLemonade has well over 1 million customers, but most of its revenue comes from low-cost types of insurance, particularly renters insurance, where the average policy costs around $15 per month. Auto insurance premiums average about 10 times this amount, and the company estimates that its current customer base spends more than $1 billion annually on auto insurance. With an extremely high rate of customer satisfaction, it has a big opportunity to quickly scale up this new business.\nWhat's more, auto insurance in general is a much larger market than Lemonade's core business. In the U.S. alone, auto insurance is a $288 billion market, as compared with about $4 billion for renters insurance. With most auto insurers still providing a clunky (at best) claims process, Lemonade has a unique opportunity to disrupt the space.","news_type":1},"isVote":1,"tweetType":1,"viewCount":269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":849762050,"gmtCreate":1635778123844,"gmtModify":1635778162897,"author":{"id":"3577146938610613","authorId":"3577146938610613","name":"KangR","avatar":"https://static.tigerbbs.com/2f9f8c4970fd7da24c04d7e2226bd1d6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LCID\">$Lucid Group Inc(LCID)$</a>Pre &amp; post market hike vs sell down during the day, can see that funds and PE are loading while retail are selling/shorting.&nbsp;","listText":"<a href=\"https://laohu8.com/S/LCID\">$Lucid Group Inc(LCID)$</a>Pre &amp; post market hike vs sell down during the day, can see that funds and PE are loading while retail are selling/shorting.&nbsp;","text":"$Lucid Group Inc(LCID)$Pre & post market hike vs sell down during the day, can see that funds and PE are loading while retail are selling/shorting.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/849762050","isVote":1,"tweetType":1,"viewCount":677,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":849127522,"gmtCreate":1635736667632,"gmtModify":1635736667632,"author":{"id":"3577146938610613","authorId":"3577146938610613","name":"KangR","avatar":"https://static.tigerbbs.com/2f9f8c4970fd7da24c04d7e2226bd1d6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/01337\">$Razer(01337)$</a>A lot of insti buying under $2 wonder what’s going on..&nbsp;","listText":"<a href=\"https://laohu8.com/S/01337\">$Razer(01337)$</a>A lot of insti buying under $2 wonder what’s going on..&nbsp;","text":"$Razer(01337)$A lot of insti buying under $2 wonder what’s going on..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/849127522","isVote":1,"tweetType":1,"viewCount":597,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":854414189,"gmtCreate":1635473291093,"gmtModify":1635473291237,"author":{"id":"3577146938610613","authorId":"3577146938610613","name":"KangR","avatar":"https://static.tigerbbs.com/2f9f8c4970fd7da24c04d7e2226bd1d6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/01337\">$Razer(01337)$</a>What’s the announcement?","listText":"<a href=\"https://laohu8.com/S/01337\">$Razer(01337)$</a>What’s the announcement?","text":"$Razer(01337)$What’s the announcement?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/854414189","isVote":1,"tweetType":1,"viewCount":144,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":872613724,"gmtCreate":1637501743657,"gmtModify":1637501743735,"author":{"id":"3577146938610613","authorId":"3577146938610613","name":"KangR","avatar":"https://static.tigerbbs.com/2f9f8c4970fd7da24c04d7e2226bd1d6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LCID\">$Lucid Group Inc(LCID)$</a>Is car of the year!&nbsp;","listText":"<a href=\"https://laohu8.com/S/LCID\">$Lucid Group Inc(LCID)$</a>Is car of the year!&nbsp;","text":"$Lucid Group Inc(LCID)$Is car of the year!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/872613724","isVote":1,"tweetType":1,"viewCount":470,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":847076374,"gmtCreate":1636470113340,"gmtModify":1636470113540,"author":{"id":"3577146938610613","authorId":"3577146938610613","name":"KangR","avatar":"https://static.tigerbbs.com/2f9f8c4970fd7da24c04d7e2226bd1d6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LCID\">$Lucid Group Inc(LCID)$</a>Low volume dump to scare off the weak hands and also to lower the RSI,technical charts shows it will close below $43 today and open lower tomorrow before another spike up towards results day","listText":"<a href=\"https://laohu8.com/S/LCID\">$Lucid Group Inc(LCID)$</a>Low volume dump to scare off the weak hands and also to lower the RSI,technical charts shows it will close below $43 today and open lower tomorrow before another spike up towards results day","text":"$Lucid Group Inc(LCID)$Low volume dump to scare off the weak hands and also to lower the RSI,technical charts shows it will close below $43 today and open lower tomorrow before another spike up towards results day","images":[{"img":"https://static.tigerbbs.com/4270d6c294f8c8c406eab60edd38100c","width":"750","height":"1806"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/847076374","isVote":1,"tweetType":1,"viewCount":1339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":600736242,"gmtCreate":1638197005599,"gmtModify":1638197007666,"author":{"id":"3577146938610613","authorId":"3577146938610613","name":"KangR","avatar":"https://static.tigerbbs.com/2f9f8c4970fd7da24c04d7e2226bd1d6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Hahahaha","listText":"Hahahaha","text":"Hahahaha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/600736242","repostId":"1129923870","repostType":4,"repost":{"id":"1129923870","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1638196054,"share":"https://www.laohu8.com/m/news/1129923870?lang=&edition=full","pubTime":"2021-11-29 22:27","market":"us","language":"en","title":"Twitter CEO Jack Dorsey is expected to step down, sources say","url":"https://stock-news.laohu8.com/highlight/detail?id=1129923870","media":"Tiger Newspress","summary":"Twitter stock soars 11% premarket after CNBC reported CEO Jack Dorsey expected to step down.\n\nTwitte","content":"<p>Twitter stock soars 11% premarket after CNBC reported CEO Jack Dorsey expected to step down.</p>\n<p><img src=\"https://static.tigerbbs.com/c81acee3d96721e2ddf905c289f26d2b\" tg-width=\"853\" tg-height=\"621\" referrerpolicy=\"no-referrer\"></p>\n<p>Twitter&nbsp;CEO Jack Dorsey is expected to step down from his executive role, sources tell CNBC’s David Faber.</p>\n<p>Dorsey currently serves as both the CEO of Twitter and&nbsp;Square, his digital payments company.</p>","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>Twitter CEO Jack Dorsey is expected to step down, sources say</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nTwitter CEO Jack Dorsey is expected to step down, sources say\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-29 22:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Twitter stock soars 11% premarket after CNBC reported CEO Jack Dorsey expected to step down.</p>\n<p><img src=\"https://static.tigerbbs.com/c81acee3d96721e2ddf905c289f26d2b\" tg-width=\"853\" tg-height=\"621\" referrerpolicy=\"no-referrer\"></p>\n<p>Twitter&nbsp;CEO Jack Dorsey is expected to step down from his executive role, sources tell CNBC’s David Faber.</p>\n<p>Dorsey currently serves as both the CEO of Twitter and&nbsp;Square, his digital payments company.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129923870","content_text":"Twitter stock soars 11% premarket after CNBC reported CEO Jack Dorsey expected to step down.\n\nTwitter CEO Jack Dorsey is expected to step down from his executive role, sources tell CNBC’s David Faber.\nDorsey currently serves as both the CEO of Twitter and Square, his digital payments company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":244,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":849127522,"gmtCreate":1635736667632,"gmtModify":1635736667632,"author":{"id":"3577146938610613","authorId":"3577146938610613","name":"KangR","avatar":"https://static.tigerbbs.com/2f9f8c4970fd7da24c04d7e2226bd1d6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/01337\">$Razer(01337)$</a>A lot of insti buying under $2 wonder what’s going on..&nbsp;","listText":"<a href=\"https://laohu8.com/S/01337\">$Razer(01337)$</a>A lot of insti buying under $2 wonder what’s going on..&nbsp;","text":"$Razer(01337)$A lot of insti buying under $2 wonder what’s going on..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/849127522","isVote":1,"tweetType":1,"viewCount":597,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":844619012,"gmtCreate":1636421432658,"gmtModify":1636421432847,"author":{"id":"3577146938610613","authorId":"3577146938610613","name":"KangR","avatar":"https://static.tigerbbs.com/2f9f8c4970fd7da24c04d7e2226bd1d6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LMND\">$Lemonade, Inc.(LMND)$</a>buying over metromile might be&nbsp;short term dilutive but longer term they will be the main insure-tech in the next 10years. Iwant to see how traditional insurer with their fat comp package for agents compete with this new AI tech. Easily a $50b company&nbsp;","listText":"<a href=\"https://laohu8.com/S/LMND\">$Lemonade, Inc.(LMND)$</a>buying over metromile might be&nbsp;short term dilutive but longer term they will be the main insure-tech in the next 10years. Iwant to see how traditional insurer with their fat comp package for agents compete with this new AI tech. Easily a $50b company&nbsp;","text":"$Lemonade, Inc.(LMND)$buying over metromile might be short term dilutive but longer term they will be the main insure-tech in the next 10years. Iwant to see how traditional insurer with their fat comp package for agents compete with this new AI tech. Easily a $50b company","images":[{"img":"https://static.tigerbbs.com/2d0ea8719c1dd43c5c5cdfcc768b7c44","width":"750","height":"1815"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/844619012","isVote":1,"tweetType":1,"viewCount":1028,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":849762050,"gmtCreate":1635778123844,"gmtModify":1635778162897,"author":{"id":"3577146938610613","authorId":"3577146938610613","name":"KangR","avatar":"https://static.tigerbbs.com/2f9f8c4970fd7da24c04d7e2226bd1d6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LCID\">$Lucid Group Inc(LCID)$</a>Pre &amp; post market hike vs sell down during the day, can see that funds and PE are loading while retail are selling/shorting.&nbsp;","listText":"<a href=\"https://laohu8.com/S/LCID\">$Lucid Group Inc(LCID)$</a>Pre &amp; post market hike vs sell down during the day, can see that funds and PE are loading while retail are selling/shorting.&nbsp;","text":"$Lucid Group Inc(LCID)$Pre & post market hike vs sell down during the day, can see that funds and PE are loading while retail are selling/shorting.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/849762050","isVote":1,"tweetType":1,"viewCount":677,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602706535,"gmtCreate":1639062979172,"gmtModify":1639063177450,"author":{"id":"3577146938610613","authorId":"3577146938610613","name":"KangR","avatar":"https://static.tigerbbs.com/2f9f8c4970fd7da24c04d7e2226bd1d6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Ride sharing is not a good business to invest in but if we look at digital wallet and banking, I can safely say I&nbsp;don’t know a single person&nbsp;under 25 that doesn’t use grabpay so if we are investing in the futureof digital banking it can easily replace trad bank like ocbc or Uob.&nbsp;","listText":"Ride sharing is not a good business to invest in but if we look at digital wallet and banking, I can safely say I&nbsp;don’t know a single person&nbsp;under 25 that doesn’t use grabpay so if we are investing in the futureof digital banking it can easily replace trad bank like ocbc or Uob.&nbsp;","text":"Ride sharing is not a good business to invest in but if we look at digital wallet and banking, I can safely say I don’t know a single person under 25 that doesn’t use grabpay so if we are investing in the futureof digital banking it can easily replace trad bank like ocbc or Uob.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/602706535","repostId":"1115551422","repostType":2,"repost":{"id":"1115551422","pubTimestamp":1638933173,"share":"https://www.laohu8.com/m/news/1115551422?lang=&edition=full","pubTime":"2021-12-08 11:12","market":"us","language":"en","title":"The Grab IPO's Many, Many Problems","url":"https://stock-news.laohu8.com/highlight/detail?id=1115551422","media":"Seeking Alpha","summary":"Summary\n\nSoutheast Asian company Grab launched its public debut last week, but the price drastically","content":"<p>Summary</p>\n<ul>\n <li>Southeast Asian company Grab launched its public debut last week, but the price drastically fell, and it currently has a market cap of about $35 billion.</li>\n <li>Grab is competing in a rich market and offers a wide range of services, but faces intense competition on multiple fronts from larger companies.</li>\n <li>Grab’s revenue is growing rapidly, but it lacks a sustained history, and its profitability and valuation numbers need significant improvement.</li>\n <li>Given the above factors, investors should not consider this IPO.</li>\n</ul>\n<p>The past few days have not gone well for southeast Asian company Grab(NASDAQ:GRAB). The company, or rather the SPAC it merged with known as Altimeter Growth Corp, debuted its IPO last Thursday at a price of $13.05, achieving a valuation of nearly $40 billion and making it one of the largest IPOs of the year. But as&nbsp;CNN&nbsp;reported, the company's valuation declined by 21%. As of the time of writing Monday morning, Grab currently has a share price of $8.99, giving it a market cap of around $35 billion.</p>\n<p>Company president Ming Maa put a brave face on this initial result, telling&nbsp;Fortune&nbsp;that Southeast Asia is on the cusp of a digital revolution and that he believes Grab can grow rapidly and become profitable. But when one looks at Grab's financial numbers and prospects, there are many reasons to be very concerned about this company's future. Grab could very well become another Uber(NYSE:UBER), which after its recent fall is now trading below its IPO price of 2.5 years ago.</p>\n<p><b>The Company Problem</b></p>\n<p>Grab is at its core a ridesharing company and debuted as a taxi app in Malaysia in 2012. But like Uber, it aims to be so much more. The company states in its&nbsp;prospectus&nbsp;that:</p>\n<blockquote>\n \"We enable millions of people each day to access driver- and merchant-partners to order food or groceries, send packages, hail a ride or taxi, pay for online purchases or access services such as lending, insurance, wealth management and telemedicine.\"\n</blockquote>\n<p>It operates across eight countries in the Southeast Asian region.</p>\n<p>At its core, Grab has three main businesses. Its first and most important is ride-hailing, which connects five million \"driver-partners\" with customers. Second, it focuses on food delivery, whether from restaurants or from grocery stores. Finally, Grab has begun focusing on financial services, which includes GrabPay, GrabInsure, and GrabFinance among others. GrabPay is a digital payments solution, GrabInsure offers a variety of insurance, including critical illness insurance and travel insurance, and GrabFinance provides access to loans.</p>\n<p>In short, Grab is offering a wide range of services and products to a region which is rapidly growing and becoming more affluent. Despite going public in the US, Grab is primarily focused with no plans to expand outside the region. Southeast Asia has been badly hit by COVID, and worries about the omicron variant could further decrease economic growth forecasts.</p>\n<p>But the region has plenty of potential, in terms of digital growth and a wealthier population. Grab expects the \"total addressable market to grow from approximately $52 billion in 2020 to more than $180 billion by 2025.\"</p>\n<p>The problem is that, while Grab's potential is high, it also faces intense competition in all these fields. This is especially so in the financial services sector, where Apple(NASDAQ:AAPL)and Google Pay(NASDAQ:GOOGL)(NASDAQ:GOOG)have become active recently. Grab does not have any distinguishing moat which uniquely distinguishes itself from its competitors. And as we have seen with Uber, competition means that ridesharing companies are forced to offer cutthroat rates and discounts, impacting their financial numbers and upsetting their workers.</p>\n<p><b>The Financial Problem</b></p>\n<p>Those discounts and cutthroat rates will be a further problem given Grab's financial situation. The good news is that Grab grew dramatically in over the past year. It reported a revenue of $396 million in the first half of 2021, a 406% growth compared to the same period in 2020.</p>\n<p>But while the revenue growth is impressive, Grab does not have a history of sustained revenue growth. The fact that it reported a revenue of$157 million&nbsp;for the 2021 third quarter, down 9% year to year thanks to increasing COVID restrictions, should further worry investors about whether Grab can maintain such high growth in the face of tough competition.</p>\n<p>Furthermore, its profitability numbers are awful. While tech companies losing money is nothing unusual, Grab did not even make a gross profit in the first half of 2021, with a cost of revenue of $507 million. Its total net loss was $1.4 billion over that timeframe.</p>\n<p>Grab wants to use a figure called adjusted EBITDA, which shows that its earnings improved from a loss of $550 million in the first half of 2020 to a loss of $325 million in 2021. But even if we are to accept this, we are once again looking at a lack of a history of sustained profitability growth. As Uber and Lyft (NASDAQ:LYFT) show, it is not easy to assume that a ridesharing company can become profitable anytime soon.</p>\n<p>Finally, there is the matter of Grab's $35 billion valuation. Grab had $14 billion in total liabilities and $3.6 billion in cash as of June 30, 2021. This gives the company an enterprise value of about $45 billion. If we extrapolate Grab's 2021 first half revenue over the entire year, that gives the company a ludicrous EV/revenue ratio of 56.8. Even this number could be higher, given that its second half revenue probably will not reach its first half, given its disappointing third quarter numbers.</p>\n<p>By contrast, Uber has an EV/revenue of about 5. While Uber is of course a far more established company, Grab's lower valuation is still ridiculously high even by the standards of a tech company.</p>\n<p><b>The Final Problem</b></p>\n<p>Ridesharing companies have not been good investments so far, with Uber and Lyft both falling below their IPO price. But even those companies, warts and all, are still much better investments than Grab. Whether we look at its outsized valuation, its recent drop in revenue, or the competitive nature of its markets, there is little reason to seriously consider this IPO. While it has major potential should things go well, this is already baked into the price. Investors should not even remotely consider this IPO.</p>","source":"seekingalpha","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>The Grab IPO's Many, Many Problems</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nThe Grab IPO's Many, Many Problems\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-08 11:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4473779-grab-stock-ipo-many-problems><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nSoutheast Asian company Grab launched its public debut last week, but the price drastically fell, and it currently has a market cap of about $35 billion.\nGrab is competing in a rich market ...</p>\n\n<a href=\"https://seekingalpha.com/article/4473779-grab-stock-ipo-many-problems\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GRAB":"Grab Holdings"},"source_url":"https://seekingalpha.com/article/4473779-grab-stock-ipo-many-problems","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1115551422","content_text":"Summary\n\nSoutheast Asian company Grab launched its public debut last week, but the price drastically fell, and it currently has a market cap of about $35 billion.\nGrab is competing in a rich market and offers a wide range of services, but faces intense competition on multiple fronts from larger companies.\nGrab’s revenue is growing rapidly, but it lacks a sustained history, and its profitability and valuation numbers need significant improvement.\nGiven the above factors, investors should not consider this IPO.\n\nThe past few days have not gone well for southeast Asian company Grab(NASDAQ:GRAB). The company, or rather the SPAC it merged with known as Altimeter Growth Corp, debuted its IPO last Thursday at a price of $13.05, achieving a valuation of nearly $40 billion and making it one of the largest IPOs of the year. But as CNN reported, the company's valuation declined by 21%. As of the time of writing Monday morning, Grab currently has a share price of $8.99, giving it a market cap of around $35 billion.\nCompany president Ming Maa put a brave face on this initial result, telling Fortune that Southeast Asia is on the cusp of a digital revolution and that he believes Grab can grow rapidly and become profitable. But when one looks at Grab's financial numbers and prospects, there are many reasons to be very concerned about this company's future. Grab could very well become another Uber(NYSE:UBER), which after its recent fall is now trading below its IPO price of 2.5 years ago.\nThe Company Problem\nGrab is at its core a ridesharing company and debuted as a taxi app in Malaysia in 2012. But like Uber, it aims to be so much more. The company states in its prospectus that:\n\n \"We enable millions of people each day to access driver- and merchant-partners to order food or groceries, send packages, hail a ride or taxi, pay for online purchases or access services such as lending, insurance, wealth management and telemedicine.\"\n\nIt operates across eight countries in the Southeast Asian region.\nAt its core, Grab has three main businesses. Its first and most important is ride-hailing, which connects five million \"driver-partners\" with customers. Second, it focuses on food delivery, whether from restaurants or from grocery stores. Finally, Grab has begun focusing on financial services, which includes GrabPay, GrabInsure, and GrabFinance among others. GrabPay is a digital payments solution, GrabInsure offers a variety of insurance, including critical illness insurance and travel insurance, and GrabFinance provides access to loans.\nIn short, Grab is offering a wide range of services and products to a region which is rapidly growing and becoming more affluent. Despite going public in the US, Grab is primarily focused with no plans to expand outside the region. Southeast Asia has been badly hit by COVID, and worries about the omicron variant could further decrease economic growth forecasts.\nBut the region has plenty of potential, in terms of digital growth and a wealthier population. Grab expects the \"total addressable market to grow from approximately $52 billion in 2020 to more than $180 billion by 2025.\"\nThe problem is that, while Grab's potential is high, it also faces intense competition in all these fields. This is especially so in the financial services sector, where Apple(NASDAQ:AAPL)and Google Pay(NASDAQ:GOOGL)(NASDAQ:GOOG)have become active recently. Grab does not have any distinguishing moat which uniquely distinguishes itself from its competitors. And as we have seen with Uber, competition means that ridesharing companies are forced to offer cutthroat rates and discounts, impacting their financial numbers and upsetting their workers.\nThe Financial Problem\nThose discounts and cutthroat rates will be a further problem given Grab's financial situation. The good news is that Grab grew dramatically in over the past year. It reported a revenue of $396 million in the first half of 2021, a 406% growth compared to the same period in 2020.\nBut while the revenue growth is impressive, Grab does not have a history of sustained revenue growth. The fact that it reported a revenue of$157 million for the 2021 third quarter, down 9% year to year thanks to increasing COVID restrictions, should further worry investors about whether Grab can maintain such high growth in the face of tough competition.\nFurthermore, its profitability numbers are awful. While tech companies losing money is nothing unusual, Grab did not even make a gross profit in the first half of 2021, with a cost of revenue of $507 million. Its total net loss was $1.4 billion over that timeframe.\nGrab wants to use a figure called adjusted EBITDA, which shows that its earnings improved from a loss of $550 million in the first half of 2020 to a loss of $325 million in 2021. But even if we are to accept this, we are once again looking at a lack of a history of sustained profitability growth. As Uber and Lyft (NASDAQ:LYFT) show, it is not easy to assume that a ridesharing company can become profitable anytime soon.\nFinally, there is the matter of Grab's $35 billion valuation. Grab had $14 billion in total liabilities and $3.6 billion in cash as of June 30, 2021. This gives the company an enterprise value of about $45 billion. If we extrapolate Grab's 2021 first half revenue over the entire year, that gives the company a ludicrous EV/revenue ratio of 56.8. Even this number could be higher, given that its second half revenue probably will not reach its first half, given its disappointing third quarter numbers.\nBy contrast, Uber has an EV/revenue of about 5. While Uber is of course a far more established company, Grab's lower valuation is still ridiculously high even by the standards of a tech company.\nThe Final Problem\nRidesharing companies have not been good investments so far, with Uber and Lyft both falling below their IPO price. But even those companies, warts and all, are still much better investments than Grab. Whether we look at its outsized valuation, its recent drop in revenue, or the competitive nature of its markets, there is little reason to seriously consider this IPO. While it has major potential should things go well, this is already baked into the price. Investors should not even remotely consider this IPO.","news_type":1},"isVote":1,"tweetType":1,"viewCount":316,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":871209621,"gmtCreate":1637071016033,"gmtModify":1637071579893,"author":{"id":"3577146938610613","authorId":"3577146938610613","name":"KangR","avatar":"https://static.tigerbbs.com/2f9f8c4970fd7da24c04d7e2226bd1d6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LCID\">$Lucid Group Inc(LCID)$</a>Will be eclipse the market cap of <a href=\"https://laohu8.com/S/RIVN\">$Rivian Automotive, Inc.(RIVN)$</a>before end of this year&nbsp;","listText":"<a href=\"https://laohu8.com/S/LCID\">$Lucid Group Inc(LCID)$</a>Will be eclipse the market cap of <a href=\"https://laohu8.com/S/RIVN\">$Rivian Automotive, Inc.(RIVN)$</a>before end of this year&nbsp;","text":"$Lucid Group Inc(LCID)$Will be eclipse the market cap of $Rivian Automotive, Inc.(RIVN)$before end of this year","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/871209621","isVote":1,"tweetType":1,"viewCount":402,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":848988288,"gmtCreate":1635953710165,"gmtModify":1635953710344,"author":{"id":"3577146938610613","authorId":"3577146938610613","name":"KangR","avatar":"https://static.tigerbbs.com/2f9f8c4970fd7da24c04d7e2226bd1d6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Have been waiting for this news for a long time,&nbsp;Interestingly I believe this might overshadow their main business in the coming years","listText":"Have been waiting for this news for a long time,&nbsp;Interestingly I believe this might overshadow their main business in the coming years","text":"Have been waiting for this news for a long time, Interestingly I believe this might overshadow their main business in the coming years","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/848988288","repostId":"2180522657","repostType":2,"repost":{"id":"2180522657","pubTimestamp":1635953404,"share":"https://www.laohu8.com/m/news/2180522657?lang=&edition=full","pubTime":"2021-11-03 23:30","market":"us","language":"en","title":"Here's Why Lemonade Stock Is Soaring Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2180522657","media":"Motley Fool","summary":"The insurance technology company just gave investors some great news.","content":"<h2>What happened</h2>\n<p>The stock market was little changed shortly after the opening bell on Wednesday, but insurance technology company <b>Lemonade</b> (NYSE:LMND) was a big exception. Lemonade shares&nbsp;once&nbsp;rose more than 16%.</p>\n<p><img src=\"https://static.tigerbbs.com/5a3823002e3fcab47063c107ac92c941\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n<h2>So what</h2>\n<p>Although we're in earnings season, we haven't heard Lemonade's latest results yet. Instead, investors are cheering the launch of Lemonade Car, the company's much-anticipated auto insurance platform.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F650343%2Flemonade-3.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"><span>Image source: Getty Images.</span></p>\n<p>After giving a vague timeline in its latest quarterly report, Lemonade announced on Wednesday morning that Lemonade Car has officially launched. At first, the new auto insurance product will be available to Illinois drivers, but the company plans to roll it out nationwide. Tennessee will be the next state to add Lemonade Car, followed later by other states.</p>\n<h2>Now what</h2>\n<p>Lemonade has well over 1 million customers, but most of its revenue comes from low-cost types of insurance, particularly renters insurance, where the average policy costs around $15 per month. Auto insurance premiums average about 10 times this amount, and the company estimates that its current customer base spends more than $1 billion annually on auto insurance. With an extremely high rate of customer satisfaction, it has a big opportunity to quickly scale up this new business.</p>\n<p>What's more, auto insurance in general is a much larger market than Lemonade's core business. In the U.S. alone, auto insurance is a $288 billion market, as compared with about $4 billion for renters insurance. With most auto insurers still providing a clunky (at best) claims process, Lemonade has a unique opportunity to disrupt the space.</p>","source":"fool_stock","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>Here's Why Lemonade Stock Is Soaring Today</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: 11px; color: #7E829C; margin: 0;line-height: 11px;}\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\">\nHere's Why Lemonade Stock Is Soaring Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-03 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/11/03/heres-why-lemonade-stock-is-soaring-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nThe stock market was little changed shortly after the opening bell on Wednesday, but insurance technology company Lemonade (NYSE:LMND) was a big exception. Lemonade shares once rose more...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/03/heres-why-lemonade-stock-is-soaring-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LMND":"Lemonade, Inc."},"source_url":"https://www.fool.com/investing/2021/11/03/heres-why-lemonade-stock-is-soaring-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2180522657","content_text":"What happened\nThe stock market was little changed shortly after the opening bell on Wednesday, but insurance technology company Lemonade (NYSE:LMND) was a big exception. Lemonade shares once rose more than 16%.\n\nSo what\nAlthough we're in earnings season, we haven't heard Lemonade's latest results yet. Instead, investors are cheering the launch of Lemonade Car, the company's much-anticipated auto insurance platform.\nImage source: Getty Images.\nAfter giving a vague timeline in its latest quarterly report, Lemonade announced on Wednesday morning that Lemonade Car has officially launched. At first, the new auto insurance product will be available to Illinois drivers, but the company plans to roll it out nationwide. Tennessee will be the next state to add Lemonade Car, followed later by other states.\nNow what\nLemonade has well over 1 million customers, but most of its revenue comes from low-cost types of insurance, particularly renters insurance, where the average policy costs around $15 per month. Auto insurance premiums average about 10 times this amount, and the company estimates that its current customer base spends more than $1 billion annually on auto insurance. With an extremely high rate of customer satisfaction, it has a big opportunity to quickly scale up this new business.\nWhat's more, auto insurance in general is a much larger market than Lemonade's core business. In the U.S. alone, auto insurance is a $288 billion market, as compared with about $4 billion for renters insurance. With most auto insurers still providing a clunky (at best) claims process, Lemonade has a unique opportunity to disrupt the space.","news_type":1},"isVote":1,"tweetType":1,"viewCount":269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":878187193,"gmtCreate":1637160092302,"gmtModify":1637160172951,"author":{"id":"3577146938610613","authorId":"3577146938610613","name":"KangR","avatar":"https://static.tigerbbs.com/2f9f8c4970fd7da24c04d7e2226bd1d6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/LCID\">$Lucid Group Inc(LCID)$</a>HFSP shorts&nbsp;","listText":"<a href=\"https://laohu8.com/S/LCID\">$Lucid Group Inc(LCID)$</a>HFSP shorts&nbsp;","text":"$Lucid Group Inc(LCID)$HFSP shorts","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/878187193","isVote":1,"tweetType":1,"viewCount":396,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":854414189,"gmtCreate":1635473291093,"gmtModify":1635473291237,"author":{"id":"3577146938610613","authorId":"3577146938610613","name":"KangR","avatar":"https://static.tigerbbs.com/2f9f8c4970fd7da24c04d7e2226bd1d6","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/01337\">$Razer(01337)$</a>What’s the announcement?","listText":"<a href=\"https://laohu8.com/S/01337\">$Razer(01337)$</a>What’s the announcement?","text":"$Razer(01337)$What’s the announcement?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/854414189","isVote":1,"tweetType":1,"viewCount":144,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}