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SharonMF

SharonMF

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2021-12-17

Sad day

2021-11-02

k

@小虎活动:[Halloween Game] Trade or Treat!

2021-06-30

$Palantir Technologies Inc.(PLTR)$Okkk

2021-03-23

$Unity Software Inc.(U)$its getting out of hand

2021-03-20

$Unity Software Inc.(U)$耐心

2021-03-19

$Unity Software Inc.(U)$things getting worse

2021-03-18

$Unity Software Inc.(U)$Zz

2021-03-17

Like

Pinduoduo drops more than 8%<blockquote>拼多多跌超8%</blockquote>

2021-03-16

m

GameStop stock drops nearly 15%, after tumbling 16.8% on Monday<blockquote>游戏驿站股价周一暴跌16.8%后下跌近15%</blockquote>

2021-03-15

$Unity Software Inc.(U)$💪🏼💪🏼

2021-03-13

Like

US Daylight Saving Time<blockquote>美国夏令时</blockquote>

2021-03-13

Like

US Daylight Saving Time<blockquote>美国夏令时</blockquote>

2021-03-12

$Unity Software Inc.(U)$Sad

2021-03-11

$Unity Software Inc.(U)$Sad

2021-03-10

Comment

EV Stocks are blazing hot, once again<blockquote>电动汽车股票再次火爆</blockquote>

2021-03-07

like

抱歉，原内容已删除

2021-03-06

Long

Senseonics plunged more than 9%<blockquote>Senseonics暴跌超9%</blockquote>

2021-03-05

$Unity Software Inc.(U)$zz

2021-03-05

$Unity Software Inc.(U)$Sad

2021-03-02

$Unity Software Inc.(U)$回报率如何

去老虎APP查看更多动态

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Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1861,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":153586236,"gmtCreate":1625035043925,"gmtModify":1633945586861,"author":{"id":"3568372815594089","authorId":"3568372815594089","name":"SharonMF","avatar":"https://static.tigerbbs.com/0622e369963193a4b95a24fec3db4181","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568372815594089","idStr":"3568372815594089"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>Okkk","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir 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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":1615990525,"share":"https://www.laohu8.com/m/news/1194606272?lang=zh_CN&edition=full","pubTime":"2021-03-17 22:15","market":"us","language":"en","title":"Pinduoduo drops more than 8%<blockquote>拼多多跌超8%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1194606272","media":"Tiger Newspress","summary":"(March 17) Pinduoduo drops more than 8%.Pinduoduo Q4 Non-GAAP EPS of -$0.02beats by $0.01; GAAP EPS ","content":"<p>(March 17)&nbsp;Pinduoduo drops more than 8%.<img src=\"https://static.tigerbbs.com/fcf2dac380ffeb19c76c6409e91133a7\" tg-width=\"685\" tg-height=\"496\" referrerpolicy=\"no-referrer\"></p><p><blockquote>（3月17日）拼多多跌逾8%。</blockquote></p><p><ul><li>Pinduoduo Q4 Non-GAAP EPS of -$0.02beats by $0.01; GAAP EPS of -$0.17misses by $0.01.</li><li>Revenue of $4.07B (+162.6% Y/Y)beats by $1.2B.</li><li>Average monthly active users were 719.9M, an increase of 50% from 481.5M in Q4 2019.</li><li>GMV in the TTM ended Dec. 31, 2020 was RMB1,667.6B ($255.6B), +66% from RMB1006.6B in year ended Dec. 31, 2019.</li></ul><b>Fourth Quarter 2020 Highlights</b></p><p><blockquote><ul><li>拼多多第四季度非GAAP每股收益为-0.02美元超过预期0.01美元；GAAP每股收益为-0.17美元，低于预期为0.01美元。</li><li>收入为$4.07 B（同比+162.6%）超过预期$1.2 B。</li><li>平均月活跃用户为7.199亿，较2019年第四季度的4.815亿增长50%。</li><li>截至2020年12月31日，TTM的GMV为人民币1,667.6 B（$255.6 B），较截至2019年12月31日的年度人民币1006.6 B增长66%。</li></ul><b>2020年第四季度亮点</b></blockquote></p><p><ul><li><b>GMV1</b>&nbsp;in the twelve-month period endedDecember 31, 2020wasRMB1,667.6 billion(US$2255.6 billion), an increase of 66% fromRMB1,006.6 billionin the twelve-month period endedDecember 31, 2019.</li><li><b>Total revenues</b>&nbsp;in the quarter wereRMB26,547.7 million(US$4,068.6 million), an increase of 146% fromRMB10,792.7 millionin the same quarter of 2019.</li><li><b>Average monthly active users3</b>&nbsp;in the quarter were 719.9 million, an increase of 50% from 481.5 million in the same quarter of 2019.</li><li><b>Active buyers4</b>&nbsp;in the twelve-month period endedDecember 31, 2020were 788.4 million, an increase of 35% from 585.2 million in the twelve-month period endedDecember 31, 2019.</li><li><b>Annual spending per active buyer5</b>&nbsp;in the twelve-month period endedDecember 31, 2020wasRMB 2,115.2(US$324.2), an increase of 23% fromRMB 1,720.1in the twelve-month period endedDecember 31, 2019.</li></ul>“We saw six years ago that mobile is the only way to go. Therefore, we are the only major consumer internet company in the world that is mobile only. The mobile internet fundamentally transforms the way humans interact with each other,” said Mr.Lei Chen, Chairman and Chief Executive Officer ofPinduoduo.</p><p><blockquote><ul><li><b>GMV1</b>截至2020年12月31日止十二个月期间为人民币16,676亿元（22,556亿美元），较截至2019年12月31日止十二个月期间的人民币100,066亿元增长66%。</li><li><b>总收入</b>本季度营收为265.477亿元人民币（40.686亿美元），较2019年同季度的107.927亿元人民币增长146%。</li><li><b>平均每月活跃用户数3</b>本季度为7.199亿，较2019年同季度的4.815亿增长50%。</li><li><b>活跃买家4</b>截至2020年12月31日止12个月期间为7.884亿，较截至2019年12月31日止12个月期间的5.852亿增长35%。</li><li><b>每位活跃买家的年度支出5</b>截至2020年12月31日止十二个月期间为人民币2,115.2元（324.2美元），较截至2019年12月31日止十二个月期间的人民币1,720.1元增长23%。</li></ul>拼多多董事长兼首席执行官陈磊表示：“六年前，我们就看到移动是唯一的出路。因此，我们是世界上唯一一家只面向移动的大型消费互联网公司。移动互联网从根本上改变了人类的互动方式。”</blockquote></p><p>“This revolution is tearing down the walls between the physical and digital worlds. Being a mobile-only product in this new age, we are well-placed to benefit from the opportunities thrown up by each behavioral change.”</p><p><blockquote>“这场革命正在拆除物理世界和数字世界之间的围墙。作为这个新时代的纯移动产品，我们处于有利地位，可以从每一次行为变化带来的机遇中受益。”</blockquote></p><p>“One such change sweeping the world is agriculture and grocery.Pinduoduostarted with agricultural products, with the vision of offering consumers the ‘Costco + Disney’ experience of more savings and more fun. We are now the largest agriculture platform inChinaand we hope thatPinduoduocan one day become the largest grocer in the world,”Mr. Chencontinued.</p><p><blockquote>“席卷全球的一个这样的变化就是农业和杂货。拼多多从农产品起家，愿景是为消费者提供更省钱、更有趣的‘好市多+迪士尼’体验。我们现在是中国最大的农业平台，我们希望拼多多有一天能够成为世界上最大的杂货商，”先生陈继续说道。</blockquote></p><p>“Agriculture is a strategic priority for us, and we will continue to invest in technology and operations across the agricultural value chain to optimize food production, distribution and consumption,” added Mr.David Liu, Vice President of Strategy. “Reducing inefficiencies in the supply chain will lower structural costs and make groceries more affordable for everyone.”</p><p><blockquote>“农业是我们的战略重点，我们将继续投资于整个农业价值链的技术和运营，以优化食品生产、分销和消费，”战略副总裁David Liu先生补充道。“减少供应链中的低效率将降低结构性成本，并使每个人都能更实惠地购买食品杂货。”</blockquote></p><p>“We continued to deliver strong results in the fourth quarter and generate positive cash flow from operations,” said Mr.Tony Ma, Vice President of Finance. “Our total revenues for fiscal year 2020 increased 97% from the prior year, and excluding contribution from merchandise sales, our total revenues grew 78%.”</p><p><blockquote>“我们在第四季度继续取得强劲业绩，并从运营中产生正现金流，”财务副总裁Tony Ma先生表示。“我们2020财年的总收入比上一年增长了97%，排除商品销售的贡献，我们的总收入增长了78%。”</blockquote></p><p><b>Fourth Quarter 2020 Unaudited Financial Results</b></p><p><blockquote><b>2020年第四季度未经审计的财务业绩</b></blockquote></p><p><b>Total revenues</b>wereRMB26,547.7 million(US$4,068.6 million), an increase of 146% fromRMB10,792.7 millionin the same quarter of 2019. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.</p><p><blockquote><b>总收入</b>为265.477亿元人民币（40.686亿美元），较2019年同季度的107.927亿元人民币增长146%。该增加主要由于线上营销服务收入增加及商品销售贡献所致。</blockquote></p><p><ul><li><b>Revenues from online marketing services and others</b>&nbsp;were&nbsp;RMB18,922.0 million(US$2,899.9 million), an increase of 95% fromRMB9,686.7 millionin the same quarter of 2019.</li><li><b>Revenues from transaction services</b>wereRMB2,267.9 million(US$347.6 million), an increase of 105% fromRMB1,106.0 millionin the same quarter of 2019.</li><li><b>Revenues from merchandise sales</b>wereRMB5,357.8 million(US$821.1 million), an increase ofRMB5,357.8 millionfrom nil in the same quarter of 2019.</li></ul><b>Total costs of revenues</b>wereRMB11,526.1 million(US$1,766.5 million), an increase of 466% fromRMB2,037.4 millionin the same quarter of 2019. The increase was mainly due to costs and expenses attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, merchant support services, and delivery and storage fees.</p><p><blockquote><ul><li><b>线上营销服务及其他收入</b>为人民币189.22亿元（28.999亿美元），较2019年同季度的人民币96.867亿元增长95%。</li><li><b>交易服务收入</b>为人民币22.679亿元（3.476亿美元），较2019年同季度的人民币11.060亿元增长105%。</li><li><b>商品销售收入</b>为人民币53.578亿元（8.211亿美元），较2019年同季度的零增加人民币53.578亿元。</li></ul><b>收入总成本</b>为115.261亿元人民币（17.665亿美元），较2019年同季度的20.374亿元人民币增长466%。该增加主要是由于商品销售应佔成本及开支、支付处理费、云服务费、商户支援服务以及送货及仓储费成本增加所致。</blockquote></p><p><b>Total operating expenses</b>wereRMB17,069.4 million(US$2,616.0 million), compared withRMB10,890.6 millionin the same quarter of 2019.</p><p><blockquote><b>营业费用总额</b>为人民币170.694亿元（26.16亿美元），而2019年同季度为人民币108.906亿元。</blockquote></p><p></p><p><ul><li><b>Sales and marketing expenses</b>wereRMB14,712.5 million(US$2,254.8 million), an increase of 59% fromRMB9,272.5 millionin the same quarter of 2019, mainly due to an increase in advertising expenses and promotion and coupon expenses.</li><li><b>General and administrative expenses</b>wereRMB405.6 million(US$62.2 million), an increase of 17% fromRMB345.7 millionin the same quarter of 2019, primarily due to an increase in professional and outsourcing services.</li><li><b>Research and development expenses</b>wereRMB1,951.3 million(US$299.0 million), an increase of 53% fromRMB1,272.4 millionin the same quarter of 2019. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&amp;D personnel and an increase in R&amp;D-related cloud services expenses.</li></ul><b>Operating loss</b>wasRMB2,047.8 million(US$313.8 million), compared with operating loss ofRMB2,135.3 millionin the same quarter of 2019.<b>Non-GAAP operating loss6</b>wasRMB1,114.5 million(US$170.8 million), compared with operating loss ofRMB1,336.6 millionin the same quarter of 2019.</p><p><blockquote><ul><li><b>销售及市场推广开支</b>为人民币147.125亿元（22.548亿美元），较2019年同季度的人民币92.725亿元增长59%，主要是由于广告费用以及促销和优惠券费用增加。</li><li><b>一般及行政开支</b>为人民币4.056亿元（6220万美元），较2019年同季度的人民币3.457亿元增长17%，主要是由于专业和外包服务的增加。</li><li><b>研发费用</b>为人民币19.513亿元（2.99亿美元），较2019年同季度的人民币12.724亿元增长53%。该增加主要由于员工人数增加及招聘更有经验的研发人员以及研发相关云服务开支增加所致。</li></ul><b>经营亏损</b>为人民币20.478亿元（3.138亿美元），而2019年同季度营业亏损为人民币21.353亿元。<b>非公认会计准则经营亏损6</b>为人民币11.145亿元（1.708亿美元），而2019年同季度的运营亏损为人民币13.366亿元。</blockquote></p><p><b>Net loss attributable to ordinary shareholders</b>wasRMB1,376.4 million(US$210.9 million), compared withRMB1,751.6 millionin the same quarter of 2019.<b>Non-GAAP net loss attributable to ordinary shareholders</b>wasRMB184.5 million(US$28.3 million), compared withRMB815.0 millionin the same quarter of 2019.</p><p><blockquote><b>归属于普通股股东的净亏损</b>为人民币13.764亿元（2.109亿美元），而2019年同季度为人民币17.516亿元。<b>非公认会计准则归属于普通股股东的净亏损</b>为人民币1.845亿元（2830万美元），而2019年同季度为人民币8.15亿元。</blockquote></p><p><b>Basic and diluted net loss per ADS</b>wereRMB1.13(US$0.17), compared withRMB1.52in the same quarter of 2019.<b>Non-GAAP basic and diluted net loss per ADS</b>wereRMB0.15(US$0.02), compared withRMB0.72in the same quarter of 2019.</p><p><blockquote><b>每股美国存托股基本和摊薄净亏损</b>为人民币1.13元（0.17美元），而2019年同季度为人民币1.52元。<b>非GAAP每股美国存托凭证基本和摊薄净亏损</b>为人民币0.15元（0.02美元），而2019年同季度为人民币0.72元。</blockquote></p><p><b>Net cash flow from operating activities</b>wasRMB14,946.6 million(US$2,290.7 million), compared withRMB9,598.0 millionin the same quarter of 2019, primarily due to an increase in online marketing services revenues.</p><p><blockquote><b>经营活动产生的现金流量净额</b>为人民币149.466亿元（22.907亿美元），而2019年同季度为人民币95.98亿元，主要是由于在线营销服务收入增加。</blockquote></p><p><b>Cash, cash equivalents and short-term investments</b>wereRMB87.0 billion(US$13.3 billion) as ofDecember 31, 2020, compared withRMB41.1 billionas ofDecember 31, 2019.</p><p><blockquote><b>现金、现金等价物及短期投资</b>截至2020年12月31日为870亿元人民币（133亿美元），而截至2019年12月31日为411亿元人民币。</blockquote></p><p><b>Fiscal Year 2020 Financial Results</b></p><p><blockquote><b>2020财年财务业绩</b></blockquote></p><p><b>Total revenues</b>wereRMB59,491.9 million(US$9,117.5 million), representing an increase of 97% fromRMB30,141.9 millionin 2019. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.</p><p><blockquote><b>总收入</b>为人民币59,491.9百万元（9,117.5百万美元），较2019年的人民币30,141.9百万元增长97%。该增加主要由于线上营销服务收入增加及商品销售贡献所致。</blockquote></p><p><ul><li><b>Revenues from online marketing services and others</b>wereRMB47,953.8 million(US$7,349.2 million), representing an increase of 79% fromRMB26,813.6 millionin 2019.</li><li><b>Revenues from transaction services</b>wereRMB5,787.4 million(US$887.0 million), representing an increase of 74% fromRMB3,328.2 millionin 2019.</li><li><b>Revenues from merchandise sales</b>wereRMB5,750.7 million(US$881.3 million), an increase ofRMB5,750.7 millionfrom nil in 2019.</li></ul><b>Total costs of revenues</b>wereRMB19,278.6 million(US$2,954.6 million), representing an increase of 204% fromRMB6,338.8 millionin 2019. The increase was mainly due to costs and expenses attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, merchant support services, and delivery and storage fees.</p><p><blockquote><ul><li><b>线上营销服务及其他收入</b>为人民币47,953.8百万元（7,349.2百万美元），较2019年的人民币26,813.6百万元增长79%。</li><li><b>交易服务收入</b>为人民币5,787.4百万元（887.0百万美元），较2019年的人民币3,328.2百万元增长74%。</li><li><b>商品销售收入</b>为人民币57.507亿元（8.813亿美元），较2019年的零增加人民币57.507亿元。</li></ul><b>收入总成本</b>为人民币19,278.6百万元（2,954.6百万美元），较2019年的人民币6,338.8百万元增长204%。该增加主要是由于商品销售应佔成本及开支、支付处理费、云服务费、商户支援服务以及送货及仓储费成本增加所致。</blockquote></p><p><b>Total operating expenses</b>wereRMB49,593.5 million(US$7,600.5 million), compared withRMB32,341.3 millionin 2019.</p><p><blockquote><b>营业费用总额</b>为人民币495.935亿元（76.005亿美元），而2019年为人民币323.413亿元。</blockquote></p><p><ul><li><b>Sales and marketing expenses</b>wereRMB41,194.6 million(US$6,313.3 million), an increase of 52% fromRMB27,174.2 millionin 2019, mainly due to an increase in advertising expenses and promotion and coupon expenses.</li><li><b>General and administrative expenses</b>wereRMB1,507.3 million(US$231.0 million), an increase of 16% fromRMB1,296.7 millionin 2019, primarily due to an increase in headcount.</li><li><b>Research and development expenses</b>wereRMB6,891.7 million(US$1,056.2 million), an increase of 78% fromRMB3,870.4 millionin 2019. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&amp;D personnel and an increase in R&amp;D-related cloud services expenses.</li></ul><b>Operating loss</b>wasRMB9,380.3 million(US$1,437.6 million), compared with operating loss ofRMB8,538.2 millionin 2019.<b>Non-GAAP operating loss</b>wasRMB5,767.3 million(US$883.9 million), compared withRMB5,980.5 millionin 2019.</p><p><blockquote><ul><li><b>销售及市场推广开支</b>为人民币41,194.6百万元（6,313.3百万美元），较2019年的人民币27,174.2百万元增长52%，主要是由于广告费用以及促销和优惠券费用增加。</li><li><b>一般及行政开支</b>为人民币1,507.3百万元（231.0百万美元），较2019年的人民币1,296.7百万元增长16%，主要由于员工人数增加。</li><li><b>研发费用</b>为人民币6,891.7百万元（1,056.2百万美元），较2019年的人民币3,870.4百万元增长78%。该增加主要由于员工人数增加及招聘更有经验的研发人员以及研发相关云服务开支增加所致。</li></ul><b>经营亏损</b>为人民币93.803亿元（14.376亿美元），而2019年经营亏损为人民币85.382亿元。<b>非公认会计准则营业亏损</b>为人民币57.673亿元（8.839亿美元），而2019年为人民币59.805亿元。</blockquote></p><p><b>Net loss attributable to ordinary shareholders</b>wasRMB7,179.7 million(US$1,100.3 million), compared withRMB6,967.6 millionin 2019.<b>Non-GAAP net loss attributable to ordinary shareholders</b>wasRMB2,965.0 million(US$454.4 million), compared withRMB4,265.8 millionin 2019.</p><p><blockquote><b>归属于普通股股东的净亏损</b>为人民币71.797亿元（11.003亿美元），而2019年为人民币69.676亿元。<b>非公认会计准则归属于普通股股东的净亏损</b>为人民币29.65亿元（4.544亿美元），而2019年为人民币42.658亿元。</blockquote></p><p><b>Basic and diluted net loss per ADS</b>wereRMB6.02(US$0.92), compared withRMB6.04in 2019. Non-GAAP basic and diluted net loss per ADS wereRMB2.49(US$0.38), compared withRMB3.68in 2019.</p><p><blockquote><b>每股美国存托股基本和摊薄净亏损</b>为人民币6.02元（0.92美元），而2019年为人民币6.04元。非公认会计准则每股美国存托凭证基本和摊薄净亏损为人民币2.49元（0.38美元），而2019年为人民币3.68元。</blockquote></p><p><b>Net cash provided by operating activities</b>wasRMB28,196.6 million(US$4,321.3 million), compared withRMB14,821.0 millionin 2019, primarily due to an increase in online marketing services revenues.</p><p><blockquote><b>经营活动提供的现金净额</b>为人民币28,196.6百万元（4,321.3百万美元），而2019年为人民币14,821.0百万元，主要是由于在线营销服务收入增加。</blockquote></p><p><b>Recent Development</b></p><p><blockquote><b>近期发展</b></blockquote></p><p></p><p>As of&nbsp;February 28, 2021,US$711.9 millionof the 0% convertible bond due in 2024 have been converted into newly issued ADSs.</p><p><blockquote>截至2021年2月28日，2024年到期的0%可转换债券中有7.11.9百万美元已转换为新发行的美国存讬股。</blockquote></p><p></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>Pinduoduo drops more than 8%<blockquote>拼多多跌超8%</blockquote></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; 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}\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: 12.5px; color: #7E829C; margin: 0;}\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\">\nPinduoduo drops more than 8%<blockquote>拼多多跌超8%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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 smaller\">2021-03-17 22:15</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(March 17)&nbsp;Pinduoduo drops more than 8%.<img src=\"https://static.tigerbbs.com/fcf2dac380ffeb19c76c6409e91133a7\" tg-width=\"685\" tg-height=\"496\" referrerpolicy=\"no-referrer\"></p><p><blockquote>（3月17日）拼多多跌逾8%。</blockquote></p><p><ul><li>Pinduoduo Q4 Non-GAAP EPS of -$0.02beats by $0.01; GAAP EPS of -$0.17misses by $0.01.</li><li>Revenue of $4.07B (+162.6% Y/Y)beats by $1.2B.</li><li>Average monthly active users were 719.9M, an increase of 50% from 481.5M in Q4 2019.</li><li>GMV in the TTM ended Dec. 31, 2020 was RMB1,667.6B ($255.6B), +66% from RMB1006.6B in year ended Dec. 31, 2019.</li></ul><b>Fourth Quarter 2020 Highlights</b></p><p><blockquote><ul><li>拼多多第四季度非GAAP每股收益为-0.02美元超过预期0.01美元；GAAP每股收益为-0.17美元，低于预期为0.01美元。</li><li>收入为$4.07 B（同比+162.6%）超过预期$1.2 B。</li><li>平均月活跃用户为7.199亿，较2019年第四季度的4.815亿增长50%。</li><li>截至2020年12月31日，TTM的GMV为人民币1,667.6 B（$255.6 B），较截至2019年12月31日的年度人民币1006.6 B增长66%。</li></ul><b>2020年第四季度亮点</b></blockquote></p><p><ul><li><b>GMV1</b>&nbsp;in the twelve-month period endedDecember 31, 2020wasRMB1,667.6 billion(US$2255.6 billion), an increase of 66% fromRMB1,006.6 billionin the twelve-month period endedDecember 31, 2019.</li><li><b>Total revenues</b>&nbsp;in the quarter wereRMB26,547.7 million(US$4,068.6 million), an increase of 146% fromRMB10,792.7 millionin the same quarter of 2019.</li><li><b>Average monthly active users3</b>&nbsp;in the quarter were 719.9 million, an increase of 50% from 481.5 million in the same quarter of 2019.</li><li><b>Active buyers4</b>&nbsp;in the twelve-month period endedDecember 31, 2020were 788.4 million, an increase of 35% from 585.2 million in the twelve-month period endedDecember 31, 2019.</li><li><b>Annual spending per active buyer5</b>&nbsp;in the twelve-month period endedDecember 31, 2020wasRMB 2,115.2(US$324.2), an increase of 23% fromRMB 1,720.1in the twelve-month period endedDecember 31, 2019.</li></ul>“We saw six years ago that mobile is the only way to go. Therefore, we are the only major consumer internet company in the world that is mobile only. The mobile internet fundamentally transforms the way humans interact with each other,” said Mr.Lei Chen, Chairman and Chief Executive Officer ofPinduoduo.</p><p><blockquote><ul><li><b>GMV1</b>截至2020年12月31日止十二个月期间为人民币16,676亿元（22,556亿美元），较截至2019年12月31日止十二个月期间的人民币100,066亿元增长66%。</li><li><b>总收入</b>本季度营收为265.477亿元人民币（40.686亿美元），较2019年同季度的107.927亿元人民币增长146%。</li><li><b>平均每月活跃用户数3</b>本季度为7.199亿，较2019年同季度的4.815亿增长50%。</li><li><b>活跃买家4</b>截至2020年12月31日止12个月期间为7.884亿，较截至2019年12月31日止12个月期间的5.852亿增长35%。</li><li><b>每位活跃买家的年度支出5</b>截至2020年12月31日止十二个月期间为人民币2,115.2元（324.2美元），较截至2019年12月31日止十二个月期间的人民币1,720.1元增长23%。</li></ul>拼多多董事长兼首席执行官陈磊表示：“六年前，我们就看到移动是唯一的出路。因此，我们是世界上唯一一家只面向移动的大型消费互联网公司。移动互联网从根本上改变了人类的互动方式。”</blockquote></p><p>“This revolution is tearing down the walls between the physical and digital worlds. Being a mobile-only product in this new age, we are well-placed to benefit from the opportunities thrown up by each behavioral change.”</p><p><blockquote>“这场革命正在拆除物理世界和数字世界之间的围墙。作为这个新时代的纯移动产品，我们处于有利地位，可以从每一次行为变化带来的机遇中受益。”</blockquote></p><p>“One such change sweeping the world is agriculture and grocery.Pinduoduostarted with agricultural products, with the vision of offering consumers the ‘Costco + Disney’ experience of more savings and more fun. We are now the largest agriculture platform inChinaand we hope thatPinduoduocan one day become the largest grocer in the world,”Mr. Chencontinued.</p><p><blockquote>“席卷全球的一个这样的变化就是农业和杂货。拼多多从农产品起家，愿景是为消费者提供更省钱、更有趣的‘好市多+迪士尼’体验。我们现在是中国最大的农业平台，我们希望拼多多有一天能够成为世界上最大的杂货商，”先生陈继续说道。</blockquote></p><p>“Agriculture is a strategic priority for us, and we will continue to invest in technology and operations across the agricultural value chain to optimize food production, distribution and consumption,” added Mr.David Liu, Vice President of Strategy. “Reducing inefficiencies in the supply chain will lower structural costs and make groceries more affordable for everyone.”</p><p><blockquote>“农业是我们的战略重点，我们将继续投资于整个农业价值链的技术和运营，以优化食品生产、分销和消费，”战略副总裁David Liu先生补充道。“减少供应链中的低效率将降低结构性成本，并使每个人都能更实惠地购买食品杂货。”</blockquote></p><p>“We continued to deliver strong results in the fourth quarter and generate positive cash flow from operations,” said Mr.Tony Ma, Vice President of Finance. “Our total revenues for fiscal year 2020 increased 97% from the prior year, and excluding contribution from merchandise sales, our total revenues grew 78%.”</p><p><blockquote>“我们在第四季度继续取得强劲业绩，并从运营中产生正现金流，”财务副总裁Tony Ma先生表示。“我们2020财年的总收入比上一年增长了97%，排除商品销售的贡献，我们的总收入增长了78%。”</blockquote></p><p><b>Fourth Quarter 2020 Unaudited Financial Results</b></p><p><blockquote><b>2020年第四季度未经审计的财务业绩</b></blockquote></p><p><b>Total revenues</b>wereRMB26,547.7 million(US$4,068.6 million), an increase of 146% fromRMB10,792.7 millionin the same quarter of 2019. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.</p><p><blockquote><b>总收入</b>为265.477亿元人民币（40.686亿美元），较2019年同季度的107.927亿元人民币增长146%。该增加主要由于线上营销服务收入增加及商品销售贡献所致。</blockquote></p><p><ul><li><b>Revenues from online marketing services and others</b>&nbsp;were&nbsp;RMB18,922.0 million(US$2,899.9 million), an increase of 95% fromRMB9,686.7 millionin the same quarter of 2019.</li><li><b>Revenues from transaction services</b>wereRMB2,267.9 million(US$347.6 million), an increase of 105% fromRMB1,106.0 millionin the same quarter of 2019.</li><li><b>Revenues from merchandise sales</b>wereRMB5,357.8 million(US$821.1 million), an increase ofRMB5,357.8 millionfrom nil in the same quarter of 2019.</li></ul><b>Total costs of revenues</b>wereRMB11,526.1 million(US$1,766.5 million), an increase of 466% fromRMB2,037.4 millionin the same quarter of 2019. The increase was mainly due to costs and expenses attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, merchant support services, and delivery and storage fees.</p><p><blockquote><ul><li><b>线上营销服务及其他收入</b>为人民币189.22亿元（28.999亿美元），较2019年同季度的人民币96.867亿元增长95%。</li><li><b>交易服务收入</b>为人民币22.679亿元（3.476亿美元），较2019年同季度的人民币11.060亿元增长105%。</li><li><b>商品销售收入</b>为人民币53.578亿元（8.211亿美元），较2019年同季度的零增加人民币53.578亿元。</li></ul><b>收入总成本</b>为115.261亿元人民币（17.665亿美元），较2019年同季度的20.374亿元人民币增长466%。该增加主要是由于商品销售应佔成本及开支、支付处理费、云服务费、商户支援服务以及送货及仓储费成本增加所致。</blockquote></p><p><b>Total operating expenses</b>wereRMB17,069.4 million(US$2,616.0 million), compared withRMB10,890.6 millionin the same quarter of 2019.</p><p><blockquote><b>营业费用总额</b>为人民币170.694亿元（26.16亿美元），而2019年同季度为人民币108.906亿元。</blockquote></p><p></p><p><ul><li><b>Sales and marketing expenses</b>wereRMB14,712.5 million(US$2,254.8 million), an increase of 59% fromRMB9,272.5 millionin the same quarter of 2019, mainly due to an increase in advertising expenses and promotion and coupon expenses.</li><li><b>General and administrative expenses</b>wereRMB405.6 million(US$62.2 million), an increase of 17% fromRMB345.7 millionin the same quarter of 2019, primarily due to an increase in professional and outsourcing services.</li><li><b>Research and development expenses</b>wereRMB1,951.3 million(US$299.0 million), an increase of 53% fromRMB1,272.4 millionin the same quarter of 2019. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&amp;D personnel and an increase in R&amp;D-related cloud services expenses.</li></ul><b>Operating loss</b>wasRMB2,047.8 million(US$313.8 million), compared with operating loss ofRMB2,135.3 millionin the same quarter of 2019.<b>Non-GAAP operating loss6</b>wasRMB1,114.5 million(US$170.8 million), compared with operating loss ofRMB1,336.6 millionin the same quarter of 2019.</p><p><blockquote><ul><li><b>销售及市场推广开支</b>为人民币147.125亿元（22.548亿美元），较2019年同季度的人民币92.725亿元增长59%，主要是由于广告费用以及促销和优惠券费用增加。</li><li><b>一般及行政开支</b>为人民币4.056亿元（6220万美元），较2019年同季度的人民币3.457亿元增长17%，主要是由于专业和外包服务的增加。</li><li><b>研发费用</b>为人民币19.513亿元（2.99亿美元），较2019年同季度的人民币12.724亿元增长53%。该增加主要由于员工人数增加及招聘更有经验的研发人员以及研发相关云服务开支增加所致。</li></ul><b>经营亏损</b>为人民币20.478亿元（3.138亿美元），而2019年同季度营业亏损为人民币21.353亿元。<b>非公认会计准则经营亏损6</b>为人民币11.145亿元（1.708亿美元），而2019年同季度的运营亏损为人民币13.366亿元。</blockquote></p><p><b>Net loss attributable to ordinary shareholders</b>wasRMB1,376.4 million(US$210.9 million), compared withRMB1,751.6 millionin the same quarter of 2019.<b>Non-GAAP net loss attributable to ordinary shareholders</b>wasRMB184.5 million(US$28.3 million), compared withRMB815.0 millionin the same quarter of 2019.</p><p><blockquote><b>归属于普通股股东的净亏损</b>为人民币13.764亿元（2.109亿美元），而2019年同季度为人民币17.516亿元。<b>非公认会计准则归属于普通股股东的净亏损</b>为人民币1.845亿元（2830万美元），而2019年同季度为人民币8.15亿元。</blockquote></p><p><b>Basic and diluted net loss per ADS</b>wereRMB1.13(US$0.17), compared withRMB1.52in the same quarter of 2019.<b>Non-GAAP basic and diluted net loss per ADS</b>wereRMB0.15(US$0.02), compared withRMB0.72in the same quarter of 2019.</p><p><blockquote><b>每股美国存托股基本和摊薄净亏损</b>为人民币1.13元（0.17美元），而2019年同季度为人民币1.52元。<b>非GAAP每股美国存托凭证基本和摊薄净亏损</b>为人民币0.15元（0.02美元），而2019年同季度为人民币0.72元。</blockquote></p><p><b>Net cash flow from operating activities</b>wasRMB14,946.6 million(US$2,290.7 million), compared withRMB9,598.0 millionin the same quarter of 2019, primarily due to an increase in online marketing services revenues.</p><p><blockquote><b>经营活动产生的现金流量净额</b>为人民币149.466亿元（22.907亿美元），而2019年同季度为人民币95.98亿元，主要是由于在线营销服务收入增加。</blockquote></p><p><b>Cash, cash equivalents and short-term investments</b>wereRMB87.0 billion(US$13.3 billion) as ofDecember 31, 2020, compared withRMB41.1 billionas ofDecember 31, 2019.</p><p><blockquote><b>现金、现金等价物及短期投资</b>截至2020年12月31日为870亿元人民币（133亿美元），而截至2019年12月31日为411亿元人民币。</blockquote></p><p><b>Fiscal Year 2020 Financial Results</b></p><p><blockquote><b>2020财年财务业绩</b></blockquote></p><p><b>Total revenues</b>wereRMB59,491.9 million(US$9,117.5 million), representing an increase of 97% fromRMB30,141.9 millionin 2019. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.</p><p><blockquote><b>总收入</b>为人民币59,491.9百万元（9,117.5百万美元），较2019年的人民币30,141.9百万元增长97%。该增加主要由于线上营销服务收入增加及商品销售贡献所致。</blockquote></p><p><ul><li><b>Revenues from online marketing services and others</b>wereRMB47,953.8 million(US$7,349.2 million), representing an increase of 79% fromRMB26,813.6 millionin 2019.</li><li><b>Revenues from transaction services</b>wereRMB5,787.4 million(US$887.0 million), representing an increase of 74% fromRMB3,328.2 millionin 2019.</li><li><b>Revenues from merchandise sales</b>wereRMB5,750.7 million(US$881.3 million), an increase ofRMB5,750.7 millionfrom nil in 2019.</li></ul><b>Total costs of revenues</b>wereRMB19,278.6 million(US$2,954.6 million), representing an increase of 204% fromRMB6,338.8 millionin 2019. The increase was mainly due to costs and expenses attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, merchant support services, and delivery and storage fees.</p><p><blockquote><ul><li><b>线上营销服务及其他收入</b>为人民币47,953.8百万元（7,349.2百万美元），较2019年的人民币26,813.6百万元增长79%。</li><li><b>交易服务收入</b>为人民币5,787.4百万元（887.0百万美元），较2019年的人民币3,328.2百万元增长74%。</li><li><b>商品销售收入</b>为人民币57.507亿元（8.813亿美元），较2019年的零增加人民币57.507亿元。</li></ul><b>收入总成本</b>为人民币19,278.6百万元（2,954.6百万美元），较2019年的人民币6,338.8百万元增长204%。该增加主要是由于商品销售应佔成本及开支、支付处理费、云服务费、商户支援服务以及送货及仓储费成本增加所致。</blockquote></p><p><b>Total operating expenses</b>wereRMB49,593.5 million(US$7,600.5 million), compared withRMB32,341.3 millionin 2019.</p><p><blockquote><b>营业费用总额</b>为人民币495.935亿元（76.005亿美元），而2019年为人民币323.413亿元。</blockquote></p><p><ul><li><b>Sales and marketing expenses</b>wereRMB41,194.6 million(US$6,313.3 million), an increase of 52% fromRMB27,174.2 millionin 2019, mainly due to an increase in advertising expenses and promotion and coupon expenses.</li><li><b>General and administrative expenses</b>wereRMB1,507.3 million(US$231.0 million), an increase of 16% fromRMB1,296.7 millionin 2019, primarily due to an increase in headcount.</li><li><b>Research and development expenses</b>wereRMB6,891.7 million(US$1,056.2 million), an increase of 78% fromRMB3,870.4 millionin 2019. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&amp;D personnel and an increase in R&amp;D-related cloud services expenses.</li></ul><b>Operating loss</b>wasRMB9,380.3 million(US$1,437.6 million), compared with operating loss ofRMB8,538.2 millionin 2019.<b>Non-GAAP operating loss</b>wasRMB5,767.3 million(US$883.9 million), compared withRMB5,980.5 millionin 2019.</p><p><blockquote><ul><li><b>销售及市场推广开支</b>为人民币41,194.6百万元（6,313.3百万美元），较2019年的人民币27,174.2百万元增长52%，主要是由于广告费用以及促销和优惠券费用增加。</li><li><b>一般及行政开支</b>为人民币1,507.3百万元（231.0百万美元），较2019年的人民币1,296.7百万元增长16%，主要由于员工人数增加。</li><li><b>研发费用</b>为人民币6,891.7百万元（1,056.2百万美元），较2019年的人民币3,870.4百万元增长78%。该增加主要由于员工人数增加及招聘更有经验的研发人员以及研发相关云服务开支增加所致。</li></ul><b>经营亏损</b>为人民币93.803亿元（14.376亿美元），而2019年经营亏损为人民币85.382亿元。<b>非公认会计准则营业亏损</b>为人民币57.673亿元（8.839亿美元），而2019年为人民币59.805亿元。</blockquote></p><p><b>Net loss attributable to ordinary shareholders</b>wasRMB7,179.7 million(US$1,100.3 million), compared withRMB6,967.6 millionin 2019.<b>Non-GAAP net loss attributable to ordinary shareholders</b>wasRMB2,965.0 million(US$454.4 million), compared withRMB4,265.8 millionin 2019.</p><p><blockquote><b>归属于普通股股东的净亏损</b>为人民币71.797亿元（11.003亿美元），而2019年为人民币69.676亿元。<b>非公认会计准则归属于普通股股东的净亏损</b>为人民币29.65亿元（4.544亿美元），而2019年为人民币42.658亿元。</blockquote></p><p><b>Basic and diluted net loss per ADS</b>wereRMB6.02(US$0.92), compared withRMB6.04in 2019. Non-GAAP basic and diluted net loss per ADS wereRMB2.49(US$0.38), compared withRMB3.68in 2019.</p><p><blockquote><b>每股美国存托股基本和摊薄净亏损</b>为人民币6.02元（0.92美元），而2019年为人民币6.04元。非公认会计准则每股美国存托凭证基本和摊薄净亏损为人民币2.49元（0.38美元），而2019年为人民币3.68元。</blockquote></p><p><b>Net cash provided by operating activities</b>wasRMB28,196.6 million(US$4,321.3 million), compared withRMB14,821.0 millionin 2019, primarily due to an increase in online marketing services revenues.</p><p><blockquote><b>经营活动提供的现金净额</b>为人民币28,196.6百万元（4,321.3百万美元），而2019年为人民币14,821.0百万元，主要是由于在线营销服务收入增加。</blockquote></p><p><b>Recent Development</b></p><p><blockquote><b>近期发展</b></blockquote></p><p></p><p>As of&nbsp;February 28, 2021,US$711.9 millionof the 0% convertible bond due in 2024 have been converted into newly issued ADSs.</p><p><blockquote>截至2021年2月28日，2024年到期的0%可转换债券中有7.11.9百万美元已转换为新发行的美国存讬股。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PDD":"拼多多"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194606272","content_text":"(March 17) Pinduoduo drops more than 8%.Pinduoduo Q4 Non-GAAP EPS of -$0.02beats by $0.01; GAAP EPS of -$0.17misses by $0.01.Revenue of $4.07B (+162.6% Y/Y)beats by $1.2B.Average monthly active users were 719.9M, an increase of 50% from 481.5M in Q4 2019.GMV in the TTM ended Dec. 31, 2020 was RMB1,667.6B ($255.6B), +66% from RMB1006.6B in year ended Dec. 31, 2019.Fourth Quarter 2020 HighlightsGMV1 in the twelve-month period endedDecember 31, 2020wasRMB1,667.6 billion(US$2255.6 billion), an increase of 66% fromRMB1,006.6 billionin the twelve-month period endedDecember 31, 2019.Total revenues in the quarter wereRMB26,547.7 million(US$4,068.6 million), an increase of 146% fromRMB10,792.7 millionin the same quarter of 2019.Average monthly active users3 in the quarter were 719.9 million, an increase of 50% from 481.5 million in the same quarter of 2019.Active buyers4 in the twelve-month period endedDecember 31, 2020were 788.4 million, an increase of 35% from 585.2 million in the twelve-month period endedDecember 31, 2019.Annual spending per active buyer5 in the twelve-month period endedDecember 31, 2020wasRMB 2,115.2(US$324.2), an increase of 23% fromRMB 1,720.1in the twelve-month period endedDecember 31, 2019.“We saw six years ago that mobile is the only way to go. Therefore, we are the only major consumer internet company in the world that is mobile only. The mobile internet fundamentally transforms the way humans interact with each other,” said Mr.Lei Chen, Chairman and Chief Executive Officer ofPinduoduo.“This revolution is tearing down the walls between the physical and digital worlds. Being a mobile-only product in this new age, we are well-placed to benefit from the opportunities thrown up by each behavioral change.”“One such change sweeping the world is agriculture and grocery.Pinduoduostarted with agricultural products, with the vision of offering consumers the ‘Costco + Disney’ experience of more savings and more fun. We are now the largest agriculture platform inChinaand we hope thatPinduoduocan one day become the largest grocer in the world,”Mr. Chencontinued.“Agriculture is a strategic priority for us, and we will continue to invest in technology and operations across the agricultural value chain to optimize food production, distribution and consumption,” added Mr.David Liu, Vice President of Strategy. “Reducing inefficiencies in the supply chain will lower structural costs and make groceries more affordable for everyone.”“We continued to deliver strong results in the fourth quarter and generate positive cash flow from operations,” said Mr.Tony Ma, Vice President of Finance. “Our total revenues for fiscal year 2020 increased 97% from the prior year, and excluding contribution from merchandise sales, our total revenues grew 78%.”Fourth Quarter 2020 Unaudited Financial ResultsTotal revenueswereRMB26,547.7 million(US$4,068.6 million), an increase of 146% fromRMB10,792.7 millionin the same quarter of 2019. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.Revenues from online marketing services and others were RMB18,922.0 million(US$2,899.9 million), an increase of 95% fromRMB9,686.7 millionin the same quarter of 2019.Revenues from transaction serviceswereRMB2,267.9 million(US$347.6 million), an increase of 105% fromRMB1,106.0 millionin the same quarter of 2019.Revenues from merchandise saleswereRMB5,357.8 million(US$821.1 million), an increase ofRMB5,357.8 millionfrom nil in the same quarter of 2019.Total costs of revenueswereRMB11,526.1 million(US$1,766.5 million), an increase of 466% fromRMB2,037.4 millionin the same quarter of 2019. The increase was mainly due to costs and expenses attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, merchant support services, and delivery and storage fees.Total operating expenseswereRMB17,069.4 million(US$2,616.0 million), compared withRMB10,890.6 millionin the same quarter of 2019.Sales and marketing expenseswereRMB14,712.5 million(US$2,254.8 million), an increase of 59% fromRMB9,272.5 millionin the same quarter of 2019, mainly due to an increase in advertising expenses and promotion and coupon expenses.General and administrative expenseswereRMB405.6 million(US$62.2 million), an increase of 17% fromRMB345.7 millionin the same quarter of 2019, primarily due to an increase in professional and outsourcing services.Research and development expenseswereRMB1,951.3 million(US$299.0 million), an increase of 53% fromRMB1,272.4 millionin the same quarter of 2019. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&D personnel and an increase in R&D-related cloud services expenses.Operating losswasRMB2,047.8 million(US$313.8 million), compared with operating loss ofRMB2,135.3 millionin the same quarter of 2019.Non-GAAP operating loss6wasRMB1,114.5 million(US$170.8 million), compared with operating loss ofRMB1,336.6 millionin the same quarter of 2019.Net loss attributable to ordinary shareholderswasRMB1,376.4 million(US$210.9 million), compared withRMB1,751.6 millionin the same quarter of 2019.Non-GAAP net loss attributable to ordinary shareholderswasRMB184.5 million(US$28.3 million), compared withRMB815.0 millionin the same quarter of 2019.Basic and diluted net loss per ADSwereRMB1.13(US$0.17), compared withRMB1.52in the same quarter of 2019.Non-GAAP basic and diluted net loss per ADSwereRMB0.15(US$0.02), compared withRMB0.72in the same quarter of 2019.Net cash flow from operating activitieswasRMB14,946.6 million(US$2,290.7 million), compared withRMB9,598.0 millionin the same quarter of 2019, primarily due to an increase in online marketing services revenues.Cash, cash equivalents and short-term investmentswereRMB87.0 billion(US$13.3 billion) as ofDecember 31, 2020, compared withRMB41.1 billionas ofDecember 31, 2019.Fiscal Year 2020 Financial ResultsTotal revenueswereRMB59,491.9 million(US$9,117.5 million), representing an increase of 97% fromRMB30,141.9 millionin 2019. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.Revenues from online marketing services and otherswereRMB47,953.8 million(US$7,349.2 million), representing an increase of 79% fromRMB26,813.6 millionin 2019.Revenues from transaction serviceswereRMB5,787.4 million(US$887.0 million), representing an increase of 74% fromRMB3,328.2 millionin 2019.Revenues from merchandise saleswereRMB5,750.7 million(US$881.3 million), an increase ofRMB5,750.7 millionfrom nil in 2019.Total costs of revenueswereRMB19,278.6 million(US$2,954.6 million), representing an increase of 204% fromRMB6,338.8 millionin 2019. The increase was mainly due to costs and expenses attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, merchant support services, and delivery and storage fees.Total operating expenseswereRMB49,593.5 million(US$7,600.5 million), compared withRMB32,341.3 millionin 2019.Sales and marketing expenseswereRMB41,194.6 million(US$6,313.3 million), an increase of 52% fromRMB27,174.2 millionin 2019, mainly due to an increase in advertising expenses and promotion and coupon expenses.General and administrative expenseswereRMB1,507.3 million(US$231.0 million), an increase of 16% fromRMB1,296.7 millionin 2019, primarily due to an increase in headcount.Research and development expenseswereRMB6,891.7 million(US$1,056.2 million), an increase of 78% fromRMB3,870.4 millionin 2019. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&D personnel and an increase in R&D-related cloud services expenses.Operating losswasRMB9,380.3 million(US$1,437.6 million), compared with operating loss ofRMB8,538.2 millionin 2019.Non-GAAP operating losswasRMB5,767.3 million(US$883.9 million), compared withRMB5,980.5 millionin 2019.Net loss attributable to ordinary shareholderswasRMB7,179.7 million(US$1,100.3 million), compared withRMB6,967.6 millionin 2019.Non-GAAP net loss attributable to ordinary shareholderswasRMB2,965.0 million(US$454.4 million), compared withRMB4,265.8 millionin 2019.Basic and diluted net loss per ADSwereRMB6.02(US$0.92), compared withRMB6.04in 2019. Non-GAAP basic and diluted net loss per ADS wereRMB2.49(US$0.38), compared withRMB3.68in 2019.Net cash provided by operating activitieswasRMB28,196.6 million(US$4,321.3 million), compared withRMB14,821.0 millionin 2019, primarily due to an increase in online marketing services revenues.Recent DevelopmentAs of February 28, 2021,US$711.9 millionof the 0% convertible bond due in 2024 have been converted into newly issued ADSs.","news_type":1,"symbols_score_info":{"PDD":0.9}},"isVote":1,"tweetType":1,"viewCount":1700,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325269379,"gmtCreate":1615902541491,"gmtModify":1703494755681,"author":{"id":"3568372815594089","authorId":"3568372815594089","name":"SharonMF","avatar":"https://static.tigerbbs.com/0622e369963193a4b95a24fec3db4181","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568372815594089","idStr":"3568372815594089"},"themes":[],"htmlText":"m","listText":"m","text":"m","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/325269379","repostId":"1122286945","repostType":4,"repost":{"id":"1122286945","kind":"news","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":1615902195,"share":"https://www.laohu8.com/m/news/1122286945?lang=zh_CN&edition=full","pubTime":"2021-03-16 21:43","market":"us","language":"en","title":"GameStop stock drops nearly 15%, after tumbling 16.8% on Monday<blockquote>游戏驿站股价周一暴跌16.8%后下跌近15%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1122286945","media":"Tiger Newspress","summary":"(March 16) GameStop stock drops nearly 15%, after tumbling 16.8% on Monday. The Reddit favorite vide","content":"<p>(March 16)&nbsp;GameStop stock drops nearly 15%, after tumbling 16.8% on Monday.&nbsp;The Reddit favorite videogame retailer’s stock is still trading more than 10 times higher than it was at the start of the year.</p><p><blockquote>（3月16日）继周一暴跌16.8%后，游戏驿站股价下跌近15%。这家Reddit最受欢迎的视频游戏零售商的股价仍比年初高出10倍以上。</blockquote></p><p><img src=\"https://static.tigerbbs.com/da1c0801a7e42bda21ddd62a9cd23005\" tg-width=\"724\" tg-height=\"516\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></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>GameStop stock drops nearly 15%, after tumbling 16.8% on Monday<blockquote>游戏驿站股价周一暴跌16.8%后下跌近15%</blockquote></title>\n<style 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#7E829C; margin: 0;}\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\">\nGameStop stock drops nearly 15%, after tumbling 16.8% on Monday<blockquote>游戏驿站股价周一暴跌16.8%后下跌近15%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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 smaller\">2021-03-16 21:43</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(March 16)&nbsp;GameStop stock drops nearly 15%, after tumbling 16.8% on Monday.&nbsp;The Reddit favorite videogame retailer’s stock is still trading more than 10 times higher than it was at the start of the year.</p><p><blockquote>（3月16日）继周一暴跌16.8%后，游戏驿站股价下跌近15%。这家Reddit最受欢迎的视频游戏零售商的股价仍比年初高出10倍以上。</blockquote></p><p><img src=\"https://static.tigerbbs.com/da1c0801a7e42bda21ddd62a9cd23005\" tg-width=\"724\" tg-height=\"516\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/1fc1f5e2fa377c378fa230c10e0849a2","relate_stocks":{"GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122286945","content_text":"(March 16) GameStop stock drops nearly 15%, after tumbling 16.8% on Monday. The Reddit favorite videogame retailer’s stock is still trading more than 10 times higher than it was at the start of the year.","news_type":1,"symbols_score_info":{"GME":0.9}},"isVote":1,"tweetType":1,"viewCount":1328,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":322967475,"gmtCreate":1615768136697,"gmtModify":1703492628323,"author":{"id":"3568372815594089","authorId":"3568372815594089","name":"SharonMF","avatar":"https://static.tigerbbs.com/0622e369963193a4b95a24fec3db4181","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568372815594089","idStr":"3568372815594089"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/U\">$Unity Software Inc.(U)$</a>💪🏼💪🏼","listText":"<a href=\"https://laohu8.com/S/U\">$Unity Software Inc.(U)$</a>💪🏼💪🏼","text":"$Unity Software Inc.(U)$💪🏼💪🏼","images":[{"img":"https://static.tigerbbs.com/3f7670a8151d0fde13ce2f77da5486a6","width":"1242","height":"1767"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/322967475","isVote":1,"tweetType":1,"viewCount":2472,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":326848273,"gmtCreate":1615619728392,"gmtModify":1703491694847,"author":{"id":"3568372815594089","authorId":"3568372815594089","name":"SharonMF","avatar":"https://static.tigerbbs.com/0622e369963193a4b95a24fec3db4181","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568372815594089","idStr":"3568372815594089"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/326848273","repostId":"1199156489","repostType":4,"repost":{"id":"1199156489","kind":"news","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":1615452861,"share":"https://www.laohu8.com/m/news/1199156489?lang=zh_CN&edition=full","pubTime":"2021-03-11 16:54","market":"us","language":"en","title":"US Daylight Saving Time<blockquote>美国夏令时</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1199156489","media":"Tiger Newspress","summary":"From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving tim","content":"<p>From&nbsp;02:00&nbsp;U.S.&nbsp;East&nbsp;time&nbsp;March&nbsp;14(this&nbsp;Sunday),the&nbsp;North America&nbsp;region&nbsp;entered&nbsp;daylight saving&nbsp;time,until&nbsp;02:00&nbsp;U.S.&nbsp;East&nbsp;time&nbsp;ends&nbsp;on&nbsp;November&nbsp;7,2021.</p><p><blockquote>从美国东部时间3月14日（本周日）02：00开始，北美地区进入夏令时，直到美国东部时间2021年11月7日02：00结束。</blockquote></p><p>So,starting&nbsp;on&nbsp;Monday,March&nbsp;14,the&nbsp;U.S.&nbsp;market&nbsp;will&nbsp;open&nbsp;and&nbsp;close&nbsp;one&nbsp;hour&nbsp;ahead&nbsp;of&nbsp;schedule&nbsp;during&nbsp;north&nbsp;american&nbsp;daylight saving time,i.e.,U.S.&nbsp;trading&nbsp;time&nbsp;will&nbsp;be&nbsp;changed&nbsp;to&nbsp;21:30&nbsp;beijing&nbsp;time&nbsp;to&nbsp;04:00&nbsp;a.m.the&nbsp;next&nbsp;day,pre-trade&nbsp;time&nbsp;will&nbsp;be&nbsp;16:00&nbsp;to&nbsp;21:30,after-trade&nbsp;time&nbsp;will&nbsp;be&nbsp;04:00&nbsp;to&nbsp;8:00.</p><p><blockquote>于是，从3月14日周一开始，美国市场将在北美夏令时期间提前一小时开盘和收盘，即美国交易时间改为北京时间21:30至次日凌晨04:00，交易前时间为16:00至21:30，交易后时间为04:00至8:00。</blockquote></p><p><b>What is daylight saving time?</b></p><p><blockquote><b>什么是夏令时？</b></blockquote></p><p>The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.</p><p><blockquote>夏令时是在夏季将时钟拨快一小时的做法，这样白天会持续更长时间到晚上。北美和欧洲的大部分地区遵循这一习俗，而其他地方的大多数国家则不这样做。</blockquote></p><p>Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.</p><p><blockquote>夏威夷、美属萨摩亚、关岛、波多黎各、美属维尔京群岛和亚利桑那州大部分地区不实行夏令时。坚持现状是义不容辞的责任。</blockquote></p><p></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>US Daylight Saving Time<blockquote>美国夏令时</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nUS Daylight Saving Time<blockquote>美国夏令时</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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 smaller\">2021-03-11 16:54</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>From&nbsp;02:00&nbsp;U.S.&nbsp;East&nbsp;time&nbsp;March&nbsp;14(this&nbsp;Sunday),the&nbsp;North America&nbsp;region&nbsp;entered&nbsp;daylight saving&nbsp;time,until&nbsp;02:00&nbsp;U.S.&nbsp;East&nbsp;time&nbsp;ends&nbsp;on&nbsp;November&nbsp;7,2021.</p><p><blockquote>从美国东部时间3月14日（本周日）02：00开始，北美地区进入夏令时，直到美国东部时间2021年11月7日02：00结束。</blockquote></p><p>So,starting&nbsp;on&nbsp;Monday,March&nbsp;14,the&nbsp;U.S.&nbsp;market&nbsp;will&nbsp;open&nbsp;and&nbsp;close&nbsp;one&nbsp;hour&nbsp;ahead&nbsp;of&nbsp;schedule&nbsp;during&nbsp;north&nbsp;american&nbsp;daylight saving time,i.e.,U.S.&nbsp;trading&nbsp;time&nbsp;will&nbsp;be&nbsp;changed&nbsp;to&nbsp;21:30&nbsp;beijing&nbsp;time&nbsp;to&nbsp;04:00&nbsp;a.m.the&nbsp;next&nbsp;day,pre-trade&nbsp;time&nbsp;will&nbsp;be&nbsp;16:00&nbsp;to&nbsp;21:30,after-trade&nbsp;time&nbsp;will&nbsp;be&nbsp;04:00&nbsp;to&nbsp;8:00.</p><p><blockquote>于是，从3月14日周一开始，美国市场将在北美夏令时期间提前一小时开盘和收盘，即美国交易时间改为北京时间21:30至次日凌晨04:00，交易前时间为16:00至21:30，交易后时间为04:00至8:00。</blockquote></p><p><b>What is daylight saving time?</b></p><p><blockquote><b>什么是夏令时？</b></blockquote></p><p>The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.</p><p><blockquote>夏令时是在夏季将时钟拨快一小时的做法，这样白天会持续更长时间到晚上。北美和欧洲的大部分地区遵循这一习俗，而其他地方的大多数国家则不这样做。</blockquote></p><p>Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.</p><p><blockquote>夏威夷、美属萨摩亚、关岛、波多黎各、美属维尔京群岛和亚利桑那州大部分地区不实行夏令时。坚持现状是义不容辞的责任。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199156489","content_text":"From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving time,until 02:00 U.S. East time ends on November 7,2021.So,starting on Monday,March 14,the U.S. market will open and close one hour ahead of schedule during north american daylight saving time,i.e.,U.S. trading time will be changed to 21:30 beijing time to 04:00 a.m.the next day,pre-trade time will be 16:00 to 21:30,after-trade time will be 04:00 to 8:00.What is daylight saving time?The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":567,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":326848633,"gmtCreate":1615619716222,"gmtModify":1703491695018,"author":{"id":"3568372815594089","authorId":"3568372815594089","name":"SharonMF","avatar":"https://static.tigerbbs.com/0622e369963193a4b95a24fec3db4181","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568372815594089","idStr":"3568372815594089"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/326848633","repostId":"1199156489","repostType":4,"repost":{"id":"1199156489","kind":"news","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":1615452861,"share":"https://www.laohu8.com/m/news/1199156489?lang=zh_CN&edition=full","pubTime":"2021-03-11 16:54","market":"us","language":"en","title":"US Daylight Saving Time<blockquote>美国夏令时</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1199156489","media":"Tiger Newspress","summary":"From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving tim","content":"<p>From&nbsp;02:00&nbsp;U.S.&nbsp;East&nbsp;time&nbsp;March&nbsp;14(this&nbsp;Sunday),the&nbsp;North America&nbsp;region&nbsp;entered&nbsp;daylight saving&nbsp;time,until&nbsp;02:00&nbsp;U.S.&nbsp;East&nbsp;time&nbsp;ends&nbsp;on&nbsp;November&nbsp;7,2021.</p><p><blockquote>从美国东部时间3月14日（本周日）02：00开始，北美地区进入夏令时，直到美国东部时间2021年11月7日02：00结束。</blockquote></p><p>So,starting&nbsp;on&nbsp;Monday,March&nbsp;14,the&nbsp;U.S.&nbsp;market&nbsp;will&nbsp;open&nbsp;and&nbsp;close&nbsp;one&nbsp;hour&nbsp;ahead&nbsp;of&nbsp;schedule&nbsp;during&nbsp;north&nbsp;american&nbsp;daylight saving time,i.e.,U.S.&nbsp;trading&nbsp;time&nbsp;will&nbsp;be&nbsp;changed&nbsp;to&nbsp;21:30&nbsp;beijing&nbsp;time&nbsp;to&nbsp;04:00&nbsp;a.m.the&nbsp;next&nbsp;day,pre-trade&nbsp;time&nbsp;will&nbsp;be&nbsp;16:00&nbsp;to&nbsp;21:30,after-trade&nbsp;time&nbsp;will&nbsp;be&nbsp;04:00&nbsp;to&nbsp;8:00.</p><p><blockquote>于是，从3月14日周一开始，美国市场将在北美夏令时期间提前一小时开盘和收盘，即美国交易时间改为北京时间21:30至次日凌晨04:00，交易前时间为16:00至21:30，交易后时间为04:00至8:00。</blockquote></p><p><b>What is daylight saving time?</b></p><p><blockquote><b>什么是夏令时？</b></blockquote></p><p>The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.</p><p><blockquote>夏令时是在夏季将时钟拨快一小时的做法，这样白天会持续更长时间到晚上。北美和欧洲的大部分地区遵循这一习俗，而其他地方的大多数国家则不这样做。</blockquote></p><p>Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.</p><p><blockquote>夏威夷、美属萨摩亚、关岛、波多黎各、美属维尔京群岛和亚利桑那州大部分地区不实行夏令时。坚持现状是义不容辞的责任。</blockquote></p><p></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>US Daylight Saving Time<blockquote>美国夏令时</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nUS Daylight Saving Time<blockquote>美国夏令时</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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 smaller\">2021-03-11 16:54</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>From&nbsp;02:00&nbsp;U.S.&nbsp;East&nbsp;time&nbsp;March&nbsp;14(this&nbsp;Sunday),the&nbsp;North America&nbsp;region&nbsp;entered&nbsp;daylight saving&nbsp;time,until&nbsp;02:00&nbsp;U.S.&nbsp;East&nbsp;time&nbsp;ends&nbsp;on&nbsp;November&nbsp;7,2021.</p><p><blockquote>从美国东部时间3月14日（本周日）02：00开始，北美地区进入夏令时，直到美国东部时间2021年11月7日02：00结束。</blockquote></p><p>So,starting&nbsp;on&nbsp;Monday,March&nbsp;14,the&nbsp;U.S.&nbsp;market&nbsp;will&nbsp;open&nbsp;and&nbsp;close&nbsp;one&nbsp;hour&nbsp;ahead&nbsp;of&nbsp;schedule&nbsp;during&nbsp;north&nbsp;american&nbsp;daylight saving time,i.e.,U.S.&nbsp;trading&nbsp;time&nbsp;will&nbsp;be&nbsp;changed&nbsp;to&nbsp;21:30&nbsp;beijing&nbsp;time&nbsp;to&nbsp;04:00&nbsp;a.m.the&nbsp;next&nbsp;day,pre-trade&nbsp;time&nbsp;will&nbsp;be&nbsp;16:00&nbsp;to&nbsp;21:30,after-trade&nbsp;time&nbsp;will&nbsp;be&nbsp;04:00&nbsp;to&nbsp;8:00.</p><p><blockquote>于是，从3月14日周一开始，美国市场将在北美夏令时期间提前一小时开盘和收盘，即美国交易时间改为北京时间21:30至次日凌晨04:00，交易前时间为16:00至21:30，交易后时间为04:00至8:00。</blockquote></p><p><b>What is daylight saving time?</b></p><p><blockquote><b>什么是夏令时？</b></blockquote></p><p>The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.</p><p><blockquote>夏令时是在夏季将时钟拨快一小时的做法，这样白天会持续更长时间到晚上。北美和欧洲的大部分地区遵循这一习俗，而其他地方的大多数国家则不这样做。</blockquote></p><p>Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.</p><p><blockquote>夏威夷、美属萨摩亚、关岛、波多黎各、美属维尔京群岛和亚利桑那州大部分地区不实行夏令时。坚持现状是义不容辞的责任。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199156489","content_text":"From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving time,until 02:00 U.S. East time ends on November 7,2021.So,starting on Monday,March 14,the U.S. market will open and close one hour ahead of schedule during north american daylight saving time,i.e.,U.S. trading time will be changed to 21:30 beijing time to 04:00 a.m.the next day,pre-trade time will be 16:00 to 21:30,after-trade time will be 04:00 to 8:00.What is daylight saving time?The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":393,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328737077,"gmtCreate":1615559246699,"gmtModify":1703490912161,"author":{"id":"3568372815594089","authorId":"3568372815594089","name":"SharonMF","avatar":"https://static.tigerbbs.com/0622e369963193a4b95a24fec3db4181","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568372815594089","idStr":"3568372815594089"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/U\">$Unity Software Inc.(U)$</a>Sad","listText":"<a href=\"https://laohu8.com/S/U\">$Unity Software Inc.(U)$</a>Sad","text":"$Unity Software Inc.(U)$Sad","images":[{"img":"https://static.tigerbbs.com/584a299d7b98c1d0394c6cb9e707c696","width":"1242","height":"1767"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/328737077","isVote":1,"tweetType":1,"viewCount":689,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":328072286,"gmtCreate":1615476860445,"gmtModify":1703489732592,"author":{"id":"3568372815594089","authorId":"3568372815594089","name":"SharonMF","avatar":"https://static.tigerbbs.com/0622e369963193a4b95a24fec3db4181","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568372815594089","idStr":"3568372815594089"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/U\">$Unity Software Inc.(U)$</a>Sad","listText":"<a href=\"https://laohu8.com/S/U\">$Unity Software Inc.(U)$</a>Sad","text":"$Unity Software Inc.(U)$Sad","images":[{"img":"https://static.tigerbbs.com/2c1ecc8c81b32849234d088a9dbff6f3","width":"1242","height":"1767"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/328072286","isVote":1,"tweetType":1,"viewCount":586,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":321917555,"gmtCreate":1615388693777,"gmtModify":1703488368423,"author":{"id":"3568372815594089","authorId":"3568372815594089","name":"SharonMF","avatar":"https://static.tigerbbs.com/0622e369963193a4b95a24fec3db4181","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568372815594089","idStr":"3568372815594089"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/321917555","repostId":"1117878459","repostType":4,"repost":{"id":"1117878459","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1615387693,"share":"https://www.laohu8.com/m/news/1117878459?lang=zh_CN&edition=full","pubTime":"2021-03-10 22:48","market":"us","language":"en","title":"EV  Stocks are blazing hot, once again<blockquote>电动汽车股票再次火爆</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1117878459","media":"老虎资讯综合","summary":"Nio&nbsp;up&nbsp;6.87%,Xpeng Motors&nbsp;up&nbsp;5.61%, Li Auto&nbsp;up&nbsp;4.25%&nbsp;and&nbsp;Tesla&nbsp;up&nbsp;4.41%.","content":"<p>Nio&nbsp;up&nbsp;6.87%,Xpeng Motors&nbsp;up&nbsp;5.61%, Li Auto&nbsp;up&nbsp;4.25%&nbsp;and&nbsp;Tesla&nbsp;up&nbsp;4.41%.</p><p><blockquote>蔚来涨6.87%，小鹏汽车涨5.61%，理想汽车涨4.25%，特斯拉涨4.41%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/70b93be4ff8f47a04153fd85595ce8af\" tg-width=\"370\" tg-height=\"234\"></p><p><blockquote></blockquote></p><p></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>EV  Stocks are blazing hot, once again<blockquote>电动汽车股票再次火爆</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nEV  Stocks are blazing hot, once again<blockquote>电动汽车股票再次火爆</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-03-10 22:48</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Nio&nbsp;up&nbsp;6.87%,Xpeng Motors&nbsp;up&nbsp;5.61%, Li Auto&nbsp;up&nbsp;4.25%&nbsp;and&nbsp;Tesla&nbsp;up&nbsp;4.41%.</p><p><blockquote>蔚来涨6.87%，小鹏汽车涨5.61%，理想汽车涨4.25%，特斯拉涨4.41%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/70b93be4ff8f47a04153fd85595ce8af\" tg-width=\"370\" tg-height=\"234\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","NIO":"蔚来","XPEV":"小鹏汽车","LI":"理想汽车"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117878459","content_text":"Nio up 6.87%,Xpeng Motors up 5.61%, Li Auto up 4.25% and Tesla up 4.41%.","news_type":1,"symbols_score_info":{"XPEV":0.9,"TSLA":0.9,"NIO":0.9,"LI":0.9}},"isVote":1,"tweetType":1,"viewCount":614,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":320260189,"gmtCreate":1615117414841,"gmtModify":1703484832297,"author":{"id":"3568372815594089","authorId":"3568372815594089","name":"SharonMF","avatar":"https://static.tigerbbs.com/0622e369963193a4b95a24fec3db4181","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568372815594089","idStr":"3568372815594089"},"themes":[],"htmlText":"like","listText":"like","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/320260189","repostId":"2117889688","repostType":4,"isVote":1,"tweetType":1,"viewCount":572,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":320182571,"gmtCreate":1615042383593,"gmtModify":1703484404497,"author":{"id":"3568372815594089","authorId":"3568372815594089","name":"SharonMF","avatar":"https://static.tigerbbs.com/0622e369963193a4b95a24fec3db4181","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568372815594089","idStr":"3568372815594089"},"themes":[],"htmlText":"Long","listText":"Long","text":"Long","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/320182571","repostId":"1116031861","repostType":4,"repost":{"id":"1116031861","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1614955424,"share":"https://www.laohu8.com/m/news/1116031861?lang=zh_CN&edition=full","pubTime":"2021-03-05 22:43","market":"us","language":"en","title":"Senseonics plunged more than 9%<blockquote>Senseonics暴跌超9%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1116031861","media":"老虎资讯综合","summary":"(March 5) Senseonics plunged more than 9%. Senseonics downgraded to underperform from market perform","content":"<p>(March 5)&nbsp;Senseonics plunged more than 9%.&nbsp;</p><p><blockquote>（3月5日）Senseonics暴跌超9%。</blockquote></p><p>Senseonics downgraded to underperform from market perform at Raymond James.</p><p><blockquote>雷蒙德·詹姆斯(Raymond James)将Senseonics评级从市场表现下调至表现不佳。</blockquote></p><p>Senseonics Holdings, Inc. reported quarterly losses of $(0.41) per share. This is a 127.78 percent decrease over losses of $(0.18) per share from the same period last year.  The company reported quarterly sales of $3.90 million which beat the analyst consensus estimate of $3.05 million by 27.87 percent.  This is a 56.44 percent decrease over sales of $8.95 million the same period last year.</p><p><blockquote>Senseonics Holdings，Inc.报告季度亏损为每股0.41美元。与去年同期每股亏损(0.18)美元相比，减少了127.78%。该公司报告季度销售额为390万美元，比分析师普遍预期的305万美元高出27.87%。与去年同期895万美元的销售额相比，下降了56.44%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/8692adfc74e9219bd4e30a757ad3a1dd\" tg-width=\"1050\" tg-height=\"481\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></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>Senseonics plunged more than 9%<blockquote>Senseonics暴跌超9%</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nSenseonics plunged more than 9%<blockquote>Senseonics暴跌超9%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-03-05 22:43</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(March 5)&nbsp;Senseonics plunged more than 9%.&nbsp;</p><p><blockquote>（3月5日）Senseonics暴跌超9%。</blockquote></p><p>Senseonics downgraded to underperform from market perform at Raymond James.</p><p><blockquote>雷蒙德·詹姆斯(Raymond James)将Senseonics评级从市场表现下调至表现不佳。</blockquote></p><p>Senseonics Holdings, Inc. reported quarterly losses of $(0.41) per share. This is a 127.78 percent decrease over losses of $(0.18) per share from the same period last year.  The company reported quarterly sales of $3.90 million which beat the analyst consensus estimate of $3.05 million by 27.87 percent.  This is a 56.44 percent decrease over sales of $8.95 million the same period last year.</p><p><blockquote>Senseonics Holdings，Inc.报告季度亏损为每股0.41美元。与去年同期每股亏损(0.18)美元相比，减少了127.78%。该公司报告季度销售额为390万美元，比分析师普遍预期的305万美元高出27.87%。与去年同期895万美元的销售额相比，下降了56.44%。</blockquote></p><p><img src=\"https://static.tigerbbs.com/8692adfc74e9219bd4e30a757ad3a1dd\" tg-width=\"1050\" tg-height=\"481\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SENS":"Senseonics Holdings,Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116031861","content_text":"(March 5) Senseonics plunged more than 9%. Senseonics downgraded to underperform from market perform at Raymond James.Senseonics Holdings, Inc. reported quarterly losses of $(0.41) per share. This is a 127.78 percent decrease over losses of $(0.18) per share from the same period last year.  The company reported quarterly sales of $3.90 million which beat the analyst consensus estimate of $3.05 million by 27.87 percent.  This is a 56.44 percent decrease over sales of $8.95 million the same period last year.","news_type":1,"symbols_score_info":{"SENS":0.9}},"isVote":1,"tweetType":1,"viewCount":336,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":367268991,"gmtCreate":1614954900713,"gmtModify":1703483429682,"author":{"id":"3568372815594089","authorId":"3568372815594089","name":"SharonMF","avatar":"https://static.tigerbbs.com/0622e369963193a4b95a24fec3db4181","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568372815594089","idStr":"3568372815594089"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/U\">$Unity Software Inc.(U)$</a>zz","listText":"<a href=\"https://laohu8.com/S/U\">$Unity Software Inc.(U)$</a>zz","text":"$Unity Software 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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":1615990525,"share":"https://www.laohu8.com/m/news/1194606272?lang=zh_CN&edition=full","pubTime":"2021-03-17 22:15","market":"us","language":"en","title":"Pinduoduo drops more than 8%<blockquote>拼多多跌超8%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1194606272","media":"Tiger Newspress","summary":"(March 17) Pinduoduo drops more than 8%.Pinduoduo Q4 Non-GAAP EPS of -$0.02beats by $0.01; GAAP EPS ","content":"<p>(March 17)&nbsp;Pinduoduo drops more than 8%.<img src=\"https://static.tigerbbs.com/fcf2dac380ffeb19c76c6409e91133a7\" tg-width=\"685\" tg-height=\"496\" referrerpolicy=\"no-referrer\"></p><p><blockquote>（3月17日）拼多多跌逾8%。</blockquote></p><p><ul><li>Pinduoduo Q4 Non-GAAP EPS of -$0.02beats by $0.01; GAAP EPS of -$0.17misses by $0.01.</li><li>Revenue of $4.07B (+162.6% Y/Y)beats by $1.2B.</li><li>Average monthly active users were 719.9M, an increase of 50% from 481.5M in Q4 2019.</li><li>GMV in the TTM ended Dec. 31, 2020 was RMB1,667.6B ($255.6B), +66% from RMB1006.6B in year ended Dec. 31, 2019.</li></ul><b>Fourth Quarter 2020 Highlights</b></p><p><blockquote><ul><li>拼多多第四季度非GAAP每股收益为-0.02美元超过预期0.01美元；GAAP每股收益为-0.17美元，低于预期为0.01美元。</li><li>收入为$4.07 B（同比+162.6%）超过预期$1.2 B。</li><li>平均月活跃用户为7.199亿，较2019年第四季度的4.815亿增长50%。</li><li>截至2020年12月31日，TTM的GMV为人民币1,667.6 B（$255.6 B），较截至2019年12月31日的年度人民币1006.6 B增长66%。</li></ul><b>2020年第四季度亮点</b></blockquote></p><p><ul><li><b>GMV1</b>&nbsp;in the twelve-month period endedDecember 31, 2020wasRMB1,667.6 billion(US$2255.6 billion), an increase of 66% fromRMB1,006.6 billionin the twelve-month period endedDecember 31, 2019.</li><li><b>Total revenues</b>&nbsp;in the quarter wereRMB26,547.7 million(US$4,068.6 million), an increase of 146% fromRMB10,792.7 millionin the same quarter of 2019.</li><li><b>Average monthly active users3</b>&nbsp;in the quarter were 719.9 million, an increase of 50% from 481.5 million in the same quarter of 2019.</li><li><b>Active buyers4</b>&nbsp;in the twelve-month period endedDecember 31, 2020were 788.4 million, an increase of 35% from 585.2 million in the twelve-month period endedDecember 31, 2019.</li><li><b>Annual spending per active buyer5</b>&nbsp;in the twelve-month period endedDecember 31, 2020wasRMB 2,115.2(US$324.2), an increase of 23% fromRMB 1,720.1in the twelve-month period endedDecember 31, 2019.</li></ul>“We saw six years ago that mobile is the only way to go. Therefore, we are the only major consumer internet company in the world that is mobile only. The mobile internet fundamentally transforms the way humans interact with each other,” said Mr.Lei Chen, Chairman and Chief Executive Officer ofPinduoduo.</p><p><blockquote><ul><li><b>GMV1</b>截至2020年12月31日止十二个月期间为人民币16,676亿元（22,556亿美元），较截至2019年12月31日止十二个月期间的人民币100,066亿元增长66%。</li><li><b>总收入</b>本季度营收为265.477亿元人民币（40.686亿美元），较2019年同季度的107.927亿元人民币增长146%。</li><li><b>平均每月活跃用户数3</b>本季度为7.199亿，较2019年同季度的4.815亿增长50%。</li><li><b>活跃买家4</b>截至2020年12月31日止12个月期间为7.884亿，较截至2019年12月31日止12个月期间的5.852亿增长35%。</li><li><b>每位活跃买家的年度支出5</b>截至2020年12月31日止十二个月期间为人民币2,115.2元（324.2美元），较截至2019年12月31日止十二个月期间的人民币1,720.1元增长23%。</li></ul>拼多多董事长兼首席执行官陈磊表示：“六年前，我们就看到移动是唯一的出路。因此，我们是世界上唯一一家只面向移动的大型消费互联网公司。移动互联网从根本上改变了人类的互动方式。”</blockquote></p><p>“This revolution is tearing down the walls between the physical and digital worlds. Being a mobile-only product in this new age, we are well-placed to benefit from the opportunities thrown up by each behavioral change.”</p><p><blockquote>“这场革命正在拆除物理世界和数字世界之间的围墙。作为这个新时代的纯移动产品，我们处于有利地位，可以从每一次行为变化带来的机遇中受益。”</blockquote></p><p>“One such change sweeping the world is agriculture and grocery.Pinduoduostarted with agricultural products, with the vision of offering consumers the ‘Costco + Disney’ experience of more savings and more fun. We are now the largest agriculture platform inChinaand we hope thatPinduoduocan one day become the largest grocer in the world,”Mr. Chencontinued.</p><p><blockquote>“席卷全球的一个这样的变化就是农业和杂货。拼多多从农产品起家，愿景是为消费者提供更省钱、更有趣的‘好市多+迪士尼’体验。我们现在是中国最大的农业平台，我们希望拼多多有一天能够成为世界上最大的杂货商，”先生陈继续说道。</blockquote></p><p>“Agriculture is a strategic priority for us, and we will continue to invest in technology and operations across the agricultural value chain to optimize food production, distribution and consumption,” added Mr.David Liu, Vice President of Strategy. “Reducing inefficiencies in the supply chain will lower structural costs and make groceries more affordable for everyone.”</p><p><blockquote>“农业是我们的战略重点，我们将继续投资于整个农业价值链的技术和运营，以优化食品生产、分销和消费，”战略副总裁David Liu先生补充道。“减少供应链中的低效率将降低结构性成本，并使每个人都能更实惠地购买食品杂货。”</blockquote></p><p>“We continued to deliver strong results in the fourth quarter and generate positive cash flow from operations,” said Mr.Tony Ma, Vice President of Finance. “Our total revenues for fiscal year 2020 increased 97% from the prior year, and excluding contribution from merchandise sales, our total revenues grew 78%.”</p><p><blockquote>“我们在第四季度继续取得强劲业绩，并从运营中产生正现金流，”财务副总裁Tony Ma先生表示。“我们2020财年的总收入比上一年增长了97%，排除商品销售的贡献，我们的总收入增长了78%。”</blockquote></p><p><b>Fourth Quarter 2020 Unaudited Financial Results</b></p><p><blockquote><b>2020年第四季度未经审计的财务业绩</b></blockquote></p><p><b>Total revenues</b>wereRMB26,547.7 million(US$4,068.6 million), an increase of 146% fromRMB10,792.7 millionin the same quarter of 2019. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.</p><p><blockquote><b>总收入</b>为265.477亿元人民币（40.686亿美元），较2019年同季度的107.927亿元人民币增长146%。该增加主要由于线上营销服务收入增加及商品销售贡献所致。</blockquote></p><p><ul><li><b>Revenues from online marketing services and others</b>&nbsp;were&nbsp;RMB18,922.0 million(US$2,899.9 million), an increase of 95% fromRMB9,686.7 millionin the same quarter of 2019.</li><li><b>Revenues from transaction services</b>wereRMB2,267.9 million(US$347.6 million), an increase of 105% fromRMB1,106.0 millionin the same quarter of 2019.</li><li><b>Revenues from merchandise sales</b>wereRMB5,357.8 million(US$821.1 million), an increase ofRMB5,357.8 millionfrom nil in the same quarter of 2019.</li></ul><b>Total costs of revenues</b>wereRMB11,526.1 million(US$1,766.5 million), an increase of 466% fromRMB2,037.4 millionin the same quarter of 2019. The increase was mainly due to costs and expenses attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, merchant support services, and delivery and storage fees.</p><p><blockquote><ul><li><b>线上营销服务及其他收入</b>为人民币189.22亿元（28.999亿美元），较2019年同季度的人民币96.867亿元增长95%。</li><li><b>交易服务收入</b>为人民币22.679亿元（3.476亿美元），较2019年同季度的人民币11.060亿元增长105%。</li><li><b>商品销售收入</b>为人民币53.578亿元（8.211亿美元），较2019年同季度的零增加人民币53.578亿元。</li></ul><b>收入总成本</b>为115.261亿元人民币（17.665亿美元），较2019年同季度的20.374亿元人民币增长466%。该增加主要是由于商品销售应佔成本及开支、支付处理费、云服务费、商户支援服务以及送货及仓储费成本增加所致。</blockquote></p><p><b>Total operating expenses</b>wereRMB17,069.4 million(US$2,616.0 million), compared withRMB10,890.6 millionin the same quarter of 2019.</p><p><blockquote><b>营业费用总额</b>为人民币170.694亿元（26.16亿美元），而2019年同季度为人民币108.906亿元。</blockquote></p><p></p><p><ul><li><b>Sales and marketing expenses</b>wereRMB14,712.5 million(US$2,254.8 million), an increase of 59% fromRMB9,272.5 millionin the same quarter of 2019, mainly due to an increase in advertising expenses and promotion and coupon expenses.</li><li><b>General and administrative expenses</b>wereRMB405.6 million(US$62.2 million), an increase of 17% fromRMB345.7 millionin the same quarter of 2019, primarily due to an increase in professional and outsourcing services.</li><li><b>Research and development expenses</b>wereRMB1,951.3 million(US$299.0 million), an increase of 53% fromRMB1,272.4 millionin the same quarter of 2019. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&amp;D personnel and an increase in R&amp;D-related cloud services expenses.</li></ul><b>Operating loss</b>wasRMB2,047.8 million(US$313.8 million), compared with operating loss ofRMB2,135.3 millionin the same quarter of 2019.<b>Non-GAAP operating loss6</b>wasRMB1,114.5 million(US$170.8 million), compared with operating loss ofRMB1,336.6 millionin the same quarter of 2019.</p><p><blockquote><ul><li><b>销售及市场推广开支</b>为人民币147.125亿元（22.548亿美元），较2019年同季度的人民币92.725亿元增长59%，主要是由于广告费用以及促销和优惠券费用增加。</li><li><b>一般及行政开支</b>为人民币4.056亿元（6220万美元），较2019年同季度的人民币3.457亿元增长17%，主要是由于专业和外包服务的增加。</li><li><b>研发费用</b>为人民币19.513亿元（2.99亿美元），较2019年同季度的人民币12.724亿元增长53%。该增加主要由于员工人数增加及招聘更有经验的研发人员以及研发相关云服务开支增加所致。</li></ul><b>经营亏损</b>为人民币20.478亿元（3.138亿美元），而2019年同季度营业亏损为人民币21.353亿元。<b>非公认会计准则经营亏损6</b>为人民币11.145亿元（1.708亿美元），而2019年同季度的运营亏损为人民币13.366亿元。</blockquote></p><p><b>Net loss attributable to ordinary shareholders</b>wasRMB1,376.4 million(US$210.9 million), compared withRMB1,751.6 millionin the same quarter of 2019.<b>Non-GAAP net loss attributable to ordinary shareholders</b>wasRMB184.5 million(US$28.3 million), compared withRMB815.0 millionin the same quarter of 2019.</p><p><blockquote><b>归属于普通股股东的净亏损</b>为人民币13.764亿元（2.109亿美元），而2019年同季度为人民币17.516亿元。<b>非公认会计准则归属于普通股股东的净亏损</b>为人民币1.845亿元（2830万美元），而2019年同季度为人民币8.15亿元。</blockquote></p><p><b>Basic and diluted net loss per ADS</b>wereRMB1.13(US$0.17), compared withRMB1.52in the same quarter of 2019.<b>Non-GAAP basic and diluted net loss per ADS</b>wereRMB0.15(US$0.02), compared withRMB0.72in the same quarter of 2019.</p><p><blockquote><b>每股美国存托股基本和摊薄净亏损</b>为人民币1.13元（0.17美元），而2019年同季度为人民币1.52元。<b>非GAAP每股美国存托凭证基本和摊薄净亏损</b>为人民币0.15元（0.02美元），而2019年同季度为人民币0.72元。</blockquote></p><p><b>Net cash flow from operating activities</b>wasRMB14,946.6 million(US$2,290.7 million), compared withRMB9,598.0 millionin the same quarter of 2019, primarily due to an increase in online marketing services revenues.</p><p><blockquote><b>经营活动产生的现金流量净额</b>为人民币149.466亿元（22.907亿美元），而2019年同季度为人民币95.98亿元，主要是由于在线营销服务收入增加。</blockquote></p><p><b>Cash, cash equivalents and short-term investments</b>wereRMB87.0 billion(US$13.3 billion) as ofDecember 31, 2020, compared withRMB41.1 billionas ofDecember 31, 2019.</p><p><blockquote><b>现金、现金等价物及短期投资</b>截至2020年12月31日为870亿元人民币（133亿美元），而截至2019年12月31日为411亿元人民币。</blockquote></p><p><b>Fiscal Year 2020 Financial Results</b></p><p><blockquote><b>2020财年财务业绩</b></blockquote></p><p><b>Total revenues</b>wereRMB59,491.9 million(US$9,117.5 million), representing an increase of 97% fromRMB30,141.9 millionin 2019. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.</p><p><blockquote><b>总收入</b>为人民币59,491.9百万元（9,117.5百万美元），较2019年的人民币30,141.9百万元增长97%。该增加主要由于线上营销服务收入增加及商品销售贡献所致。</blockquote></p><p><ul><li><b>Revenues from online marketing services and others</b>wereRMB47,953.8 million(US$7,349.2 million), representing an increase of 79% fromRMB26,813.6 millionin 2019.</li><li><b>Revenues from transaction services</b>wereRMB5,787.4 million(US$887.0 million), representing an increase of 74% fromRMB3,328.2 millionin 2019.</li><li><b>Revenues from merchandise sales</b>wereRMB5,750.7 million(US$881.3 million), an increase ofRMB5,750.7 millionfrom nil in 2019.</li></ul><b>Total costs of revenues</b>wereRMB19,278.6 million(US$2,954.6 million), representing an increase of 204% fromRMB6,338.8 millionin 2019. The increase was mainly due to costs and expenses attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, merchant support services, and delivery and storage fees.</p><p><blockquote><ul><li><b>线上营销服务及其他收入</b>为人民币47,953.8百万元（7,349.2百万美元），较2019年的人民币26,813.6百万元增长79%。</li><li><b>交易服务收入</b>为人民币5,787.4百万元（887.0百万美元），较2019年的人民币3,328.2百万元增长74%。</li><li><b>商品销售收入</b>为人民币57.507亿元（8.813亿美元），较2019年的零增加人民币57.507亿元。</li></ul><b>收入总成本</b>为人民币19,278.6百万元（2,954.6百万美元），较2019年的人民币6,338.8百万元增长204%。该增加主要是由于商品销售应佔成本及开支、支付处理费、云服务费、商户支援服务以及送货及仓储费成本增加所致。</blockquote></p><p><b>Total operating expenses</b>wereRMB49,593.5 million(US$7,600.5 million), compared withRMB32,341.3 millionin 2019.</p><p><blockquote><b>营业费用总额</b>为人民币495.935亿元（76.005亿美元），而2019年为人民币323.413亿元。</blockquote></p><p><ul><li><b>Sales and marketing expenses</b>wereRMB41,194.6 million(US$6,313.3 million), an increase of 52% fromRMB27,174.2 millionin 2019, mainly due to an increase in advertising expenses and promotion and coupon expenses.</li><li><b>General and administrative expenses</b>wereRMB1,507.3 million(US$231.0 million), an increase of 16% fromRMB1,296.7 millionin 2019, primarily due to an increase in headcount.</li><li><b>Research and development expenses</b>wereRMB6,891.7 million(US$1,056.2 million), an increase of 78% fromRMB3,870.4 millionin 2019. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&amp;D personnel and an increase in R&amp;D-related cloud services expenses.</li></ul><b>Operating loss</b>wasRMB9,380.3 million(US$1,437.6 million), compared with operating loss ofRMB8,538.2 millionin 2019.<b>Non-GAAP operating loss</b>wasRMB5,767.3 million(US$883.9 million), compared withRMB5,980.5 millionin 2019.</p><p><blockquote><ul><li><b>销售及市场推广开支</b>为人民币41,194.6百万元（6,313.3百万美元），较2019年的人民币27,174.2百万元增长52%，主要是由于广告费用以及促销和优惠券费用增加。</li><li><b>一般及行政开支</b>为人民币1,507.3百万元（231.0百万美元），较2019年的人民币1,296.7百万元增长16%，主要由于员工人数增加。</li><li><b>研发费用</b>为人民币6,891.7百万元（1,056.2百万美元），较2019年的人民币3,870.4百万元增长78%。该增加主要由于员工人数增加及招聘更有经验的研发人员以及研发相关云服务开支增加所致。</li></ul><b>经营亏损</b>为人民币93.803亿元（14.376亿美元），而2019年经营亏损为人民币85.382亿元。<b>非公认会计准则营业亏损</b>为人民币57.673亿元（8.839亿美元），而2019年为人民币59.805亿元。</blockquote></p><p><b>Net loss attributable to ordinary shareholders</b>wasRMB7,179.7 million(US$1,100.3 million), compared withRMB6,967.6 millionin 2019.<b>Non-GAAP net loss attributable to ordinary shareholders</b>wasRMB2,965.0 million(US$454.4 million), compared withRMB4,265.8 millionin 2019.</p><p><blockquote><b>归属于普通股股东的净亏损</b>为人民币71.797亿元（11.003亿美元），而2019年为人民币69.676亿元。<b>非公认会计准则归属于普通股股东的净亏损</b>为人民币29.65亿元（4.544亿美元），而2019年为人民币42.658亿元。</blockquote></p><p><b>Basic and diluted net loss per ADS</b>wereRMB6.02(US$0.92), compared withRMB6.04in 2019. Non-GAAP basic and diluted net loss per ADS wereRMB2.49(US$0.38), compared withRMB3.68in 2019.</p><p><blockquote><b>每股美国存托股基本和摊薄净亏损</b>为人民币6.02元（0.92美元），而2019年为人民币6.04元。非公认会计准则每股美国存托凭证基本和摊薄净亏损为人民币2.49元（0.38美元），而2019年为人民币3.68元。</blockquote></p><p><b>Net cash provided by operating activities</b>wasRMB28,196.6 million(US$4,321.3 million), compared withRMB14,821.0 millionin 2019, primarily due to an increase in online marketing services revenues.</p><p><blockquote><b>经营活动提供的现金净额</b>为人民币28,196.6百万元（4,321.3百万美元），而2019年为人民币14,821.0百万元，主要是由于在线营销服务收入增加。</blockquote></p><p><b>Recent Development</b></p><p><blockquote><b>近期发展</b></blockquote></p><p></p><p>As of&nbsp;February 28, 2021,US$711.9 millionof the 0% convertible bond due in 2024 have been converted into newly issued ADSs.</p><p><blockquote>截至2021年2月28日，2024年到期的0%可转换债券中有7.11.9百万美元已转换为新发行的美国存讬股。</blockquote></p><p></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>Pinduoduo drops more than 8%<blockquote>拼多多跌超8%</blockquote></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; 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}\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: 12.5px; color: #7E829C; margin: 0;}\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\">\nPinduoduo drops more than 8%<blockquote>拼多多跌超8%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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 smaller\">2021-03-17 22:15</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(March 17)&nbsp;Pinduoduo drops more than 8%.<img src=\"https://static.tigerbbs.com/fcf2dac380ffeb19c76c6409e91133a7\" tg-width=\"685\" tg-height=\"496\" referrerpolicy=\"no-referrer\"></p><p><blockquote>（3月17日）拼多多跌逾8%。</blockquote></p><p><ul><li>Pinduoduo Q4 Non-GAAP EPS of -$0.02beats by $0.01; GAAP EPS of -$0.17misses by $0.01.</li><li>Revenue of $4.07B (+162.6% Y/Y)beats by $1.2B.</li><li>Average monthly active users were 719.9M, an increase of 50% from 481.5M in Q4 2019.</li><li>GMV in the TTM ended Dec. 31, 2020 was RMB1,667.6B ($255.6B), +66% from RMB1006.6B in year ended Dec. 31, 2019.</li></ul><b>Fourth Quarter 2020 Highlights</b></p><p><blockquote><ul><li>拼多多第四季度非GAAP每股收益为-0.02美元超过预期0.01美元；GAAP每股收益为-0.17美元，低于预期为0.01美元。</li><li>收入为$4.07 B（同比+162.6%）超过预期$1.2 B。</li><li>平均月活跃用户为7.199亿，较2019年第四季度的4.815亿增长50%。</li><li>截至2020年12月31日，TTM的GMV为人民币1,667.6 B（$255.6 B），较截至2019年12月31日的年度人民币1006.6 B增长66%。</li></ul><b>2020年第四季度亮点</b></blockquote></p><p><ul><li><b>GMV1</b>&nbsp;in the twelve-month period endedDecember 31, 2020wasRMB1,667.6 billion(US$2255.6 billion), an increase of 66% fromRMB1,006.6 billionin the twelve-month period endedDecember 31, 2019.</li><li><b>Total revenues</b>&nbsp;in the quarter wereRMB26,547.7 million(US$4,068.6 million), an increase of 146% fromRMB10,792.7 millionin the same quarter of 2019.</li><li><b>Average monthly active users3</b>&nbsp;in the quarter were 719.9 million, an increase of 50% from 481.5 million in the same quarter of 2019.</li><li><b>Active buyers4</b>&nbsp;in the twelve-month period endedDecember 31, 2020were 788.4 million, an increase of 35% from 585.2 million in the twelve-month period endedDecember 31, 2019.</li><li><b>Annual spending per active buyer5</b>&nbsp;in the twelve-month period endedDecember 31, 2020wasRMB 2,115.2(US$324.2), an increase of 23% fromRMB 1,720.1in the twelve-month period endedDecember 31, 2019.</li></ul>“We saw six years ago that mobile is the only way to go. Therefore, we are the only major consumer internet company in the world that is mobile only. The mobile internet fundamentally transforms the way humans interact with each other,” said Mr.Lei Chen, Chairman and Chief Executive Officer ofPinduoduo.</p><p><blockquote><ul><li><b>GMV1</b>截至2020年12月31日止十二个月期间为人民币16,676亿元（22,556亿美元），较截至2019年12月31日止十二个月期间的人民币100,066亿元增长66%。</li><li><b>总收入</b>本季度营收为265.477亿元人民币（40.686亿美元），较2019年同季度的107.927亿元人民币增长146%。</li><li><b>平均每月活跃用户数3</b>本季度为7.199亿，较2019年同季度的4.815亿增长50%。</li><li><b>活跃买家4</b>截至2020年12月31日止12个月期间为7.884亿，较截至2019年12月31日止12个月期间的5.852亿增长35%。</li><li><b>每位活跃买家的年度支出5</b>截至2020年12月31日止十二个月期间为人民币2,115.2元（324.2美元），较截至2019年12月31日止十二个月期间的人民币1,720.1元增长23%。</li></ul>拼多多董事长兼首席执行官陈磊表示：“六年前，我们就看到移动是唯一的出路。因此，我们是世界上唯一一家只面向移动的大型消费互联网公司。移动互联网从根本上改变了人类的互动方式。”</blockquote></p><p>“This revolution is tearing down the walls between the physical and digital worlds. Being a mobile-only product in this new age, we are well-placed to benefit from the opportunities thrown up by each behavioral change.”</p><p><blockquote>“这场革命正在拆除物理世界和数字世界之间的围墙。作为这个新时代的纯移动产品，我们处于有利地位，可以从每一次行为变化带来的机遇中受益。”</blockquote></p><p>“One such change sweeping the world is agriculture and grocery.Pinduoduostarted with agricultural products, with the vision of offering consumers the ‘Costco + Disney’ experience of more savings and more fun. We are now the largest agriculture platform inChinaand we hope thatPinduoduocan one day become the largest grocer in the world,”Mr. Chencontinued.</p><p><blockquote>“席卷全球的一个这样的变化就是农业和杂货。拼多多从农产品起家，愿景是为消费者提供更省钱、更有趣的‘好市多+迪士尼’体验。我们现在是中国最大的农业平台，我们希望拼多多有一天能够成为世界上最大的杂货商，”先生陈继续说道。</blockquote></p><p>“Agriculture is a strategic priority for us, and we will continue to invest in technology and operations across the agricultural value chain to optimize food production, distribution and consumption,” added Mr.David Liu, Vice President of Strategy. “Reducing inefficiencies in the supply chain will lower structural costs and make groceries more affordable for everyone.”</p><p><blockquote>“农业是我们的战略重点，我们将继续投资于整个农业价值链的技术和运营，以优化食品生产、分销和消费，”战略副总裁David Liu先生补充道。“减少供应链中的低效率将降低结构性成本，并使每个人都能更实惠地购买食品杂货。”</blockquote></p><p>“We continued to deliver strong results in the fourth quarter and generate positive cash flow from operations,” said Mr.Tony Ma, Vice President of Finance. “Our total revenues for fiscal year 2020 increased 97% from the prior year, and excluding contribution from merchandise sales, our total revenues grew 78%.”</p><p><blockquote>“我们在第四季度继续取得强劲业绩，并从运营中产生正现金流，”财务副总裁Tony Ma先生表示。“我们2020财年的总收入比上一年增长了97%，排除商品销售的贡献，我们的总收入增长了78%。”</blockquote></p><p><b>Fourth Quarter 2020 Unaudited Financial Results</b></p><p><blockquote><b>2020年第四季度未经审计的财务业绩</b></blockquote></p><p><b>Total revenues</b>wereRMB26,547.7 million(US$4,068.6 million), an increase of 146% fromRMB10,792.7 millionin the same quarter of 2019. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.</p><p><blockquote><b>总收入</b>为265.477亿元人民币（40.686亿美元），较2019年同季度的107.927亿元人民币增长146%。该增加主要由于线上营销服务收入增加及商品销售贡献所致。</blockquote></p><p><ul><li><b>Revenues from online marketing services and others</b>&nbsp;were&nbsp;RMB18,922.0 million(US$2,899.9 million), an increase of 95% fromRMB9,686.7 millionin the same quarter of 2019.</li><li><b>Revenues from transaction services</b>wereRMB2,267.9 million(US$347.6 million), an increase of 105% fromRMB1,106.0 millionin the same quarter of 2019.</li><li><b>Revenues from merchandise sales</b>wereRMB5,357.8 million(US$821.1 million), an increase ofRMB5,357.8 millionfrom nil in the same quarter of 2019.</li></ul><b>Total costs of revenues</b>wereRMB11,526.1 million(US$1,766.5 million), an increase of 466% fromRMB2,037.4 millionin the same quarter of 2019. The increase was mainly due to costs and expenses attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, merchant support services, and delivery and storage fees.</p><p><blockquote><ul><li><b>线上营销服务及其他收入</b>为人民币189.22亿元（28.999亿美元），较2019年同季度的人民币96.867亿元增长95%。</li><li><b>交易服务收入</b>为人民币22.679亿元（3.476亿美元），较2019年同季度的人民币11.060亿元增长105%。</li><li><b>商品销售收入</b>为人民币53.578亿元（8.211亿美元），较2019年同季度的零增加人民币53.578亿元。</li></ul><b>收入总成本</b>为115.261亿元人民币（17.665亿美元），较2019年同季度的20.374亿元人民币增长466%。该增加主要是由于商品销售应佔成本及开支、支付处理费、云服务费、商户支援服务以及送货及仓储费成本增加所致。</blockquote></p><p><b>Total operating expenses</b>wereRMB17,069.4 million(US$2,616.0 million), compared withRMB10,890.6 millionin the same quarter of 2019.</p><p><blockquote><b>营业费用总额</b>为人民币170.694亿元（26.16亿美元），而2019年同季度为人民币108.906亿元。</blockquote></p><p></p><p><ul><li><b>Sales and marketing expenses</b>wereRMB14,712.5 million(US$2,254.8 million), an increase of 59% fromRMB9,272.5 millionin the same quarter of 2019, mainly due to an increase in advertising expenses and promotion and coupon expenses.</li><li><b>General and administrative expenses</b>wereRMB405.6 million(US$62.2 million), an increase of 17% fromRMB345.7 millionin the same quarter of 2019, primarily due to an increase in professional and outsourcing services.</li><li><b>Research and development expenses</b>wereRMB1,951.3 million(US$299.0 million), an increase of 53% fromRMB1,272.4 millionin the same quarter of 2019. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&amp;D personnel and an increase in R&amp;D-related cloud services expenses.</li></ul><b>Operating loss</b>wasRMB2,047.8 million(US$313.8 million), compared with operating loss ofRMB2,135.3 millionin the same quarter of 2019.<b>Non-GAAP operating loss6</b>wasRMB1,114.5 million(US$170.8 million), compared with operating loss ofRMB1,336.6 millionin the same quarter of 2019.</p><p><blockquote><ul><li><b>销售及市场推广开支</b>为人民币147.125亿元（22.548亿美元），较2019年同季度的人民币92.725亿元增长59%，主要是由于广告费用以及促销和优惠券费用增加。</li><li><b>一般及行政开支</b>为人民币4.056亿元（6220万美元），较2019年同季度的人民币3.457亿元增长17%，主要是由于专业和外包服务的增加。</li><li><b>研发费用</b>为人民币19.513亿元（2.99亿美元），较2019年同季度的人民币12.724亿元增长53%。该增加主要由于员工人数增加及招聘更有经验的研发人员以及研发相关云服务开支增加所致。</li></ul><b>经营亏损</b>为人民币20.478亿元（3.138亿美元），而2019年同季度营业亏损为人民币21.353亿元。<b>非公认会计准则经营亏损6</b>为人民币11.145亿元（1.708亿美元），而2019年同季度的运营亏损为人民币13.366亿元。</blockquote></p><p><b>Net loss attributable to ordinary shareholders</b>wasRMB1,376.4 million(US$210.9 million), compared withRMB1,751.6 millionin the same quarter of 2019.<b>Non-GAAP net loss attributable to ordinary shareholders</b>wasRMB184.5 million(US$28.3 million), compared withRMB815.0 millionin the same quarter of 2019.</p><p><blockquote><b>归属于普通股股东的净亏损</b>为人民币13.764亿元（2.109亿美元），而2019年同季度为人民币17.516亿元。<b>非公认会计准则归属于普通股股东的净亏损</b>为人民币1.845亿元（2830万美元），而2019年同季度为人民币8.15亿元。</blockquote></p><p><b>Basic and diluted net loss per ADS</b>wereRMB1.13(US$0.17), compared withRMB1.52in the same quarter of 2019.<b>Non-GAAP basic and diluted net loss per ADS</b>wereRMB0.15(US$0.02), compared withRMB0.72in the same quarter of 2019.</p><p><blockquote><b>每股美国存托股基本和摊薄净亏损</b>为人民币1.13元（0.17美元），而2019年同季度为人民币1.52元。<b>非GAAP每股美国存托凭证基本和摊薄净亏损</b>为人民币0.15元（0.02美元），而2019年同季度为人民币0.72元。</blockquote></p><p><b>Net cash flow from operating activities</b>wasRMB14,946.6 million(US$2,290.7 million), compared withRMB9,598.0 millionin the same quarter of 2019, primarily due to an increase in online marketing services revenues.</p><p><blockquote><b>经营活动产生的现金流量净额</b>为人民币149.466亿元（22.907亿美元），而2019年同季度为人民币95.98亿元，主要是由于在线营销服务收入增加。</blockquote></p><p><b>Cash, cash equivalents and short-term investments</b>wereRMB87.0 billion(US$13.3 billion) as ofDecember 31, 2020, compared withRMB41.1 billionas ofDecember 31, 2019.</p><p><blockquote><b>现金、现金等价物及短期投资</b>截至2020年12月31日为870亿元人民币（133亿美元），而截至2019年12月31日为411亿元人民币。</blockquote></p><p><b>Fiscal Year 2020 Financial Results</b></p><p><blockquote><b>2020财年财务业绩</b></blockquote></p><p><b>Total revenues</b>wereRMB59,491.9 million(US$9,117.5 million), representing an increase of 97% fromRMB30,141.9 millionin 2019. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.</p><p><blockquote><b>总收入</b>为人民币59,491.9百万元（9,117.5百万美元），较2019年的人民币30,141.9百万元增长97%。该增加主要由于线上营销服务收入增加及商品销售贡献所致。</blockquote></p><p><ul><li><b>Revenues from online marketing services and others</b>wereRMB47,953.8 million(US$7,349.2 million), representing an increase of 79% fromRMB26,813.6 millionin 2019.</li><li><b>Revenues from transaction services</b>wereRMB5,787.4 million(US$887.0 million), representing an increase of 74% fromRMB3,328.2 millionin 2019.</li><li><b>Revenues from merchandise sales</b>wereRMB5,750.7 million(US$881.3 million), an increase ofRMB5,750.7 millionfrom nil in 2019.</li></ul><b>Total costs of revenues</b>wereRMB19,278.6 million(US$2,954.6 million), representing an increase of 204% fromRMB6,338.8 millionin 2019. The increase was mainly due to costs and expenses attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, merchant support services, and delivery and storage fees.</p><p><blockquote><ul><li><b>线上营销服务及其他收入</b>为人民币47,953.8百万元（7,349.2百万美元），较2019年的人民币26,813.6百万元增长79%。</li><li><b>交易服务收入</b>为人民币5,787.4百万元（887.0百万美元），较2019年的人民币3,328.2百万元增长74%。</li><li><b>商品销售收入</b>为人民币57.507亿元（8.813亿美元），较2019年的零增加人民币57.507亿元。</li></ul><b>收入总成本</b>为人民币19,278.6百万元（2,954.6百万美元），较2019年的人民币6,338.8百万元增长204%。该增加主要是由于商品销售应佔成本及开支、支付处理费、云服务费、商户支援服务以及送货及仓储费成本增加所致。</blockquote></p><p><b>Total operating expenses</b>wereRMB49,593.5 million(US$7,600.5 million), compared withRMB32,341.3 millionin 2019.</p><p><blockquote><b>营业费用总额</b>为人民币495.935亿元（76.005亿美元），而2019年为人民币323.413亿元。</blockquote></p><p><ul><li><b>Sales and marketing expenses</b>wereRMB41,194.6 million(US$6,313.3 million), an increase of 52% fromRMB27,174.2 millionin 2019, mainly due to an increase in advertising expenses and promotion and coupon expenses.</li><li><b>General and administrative expenses</b>wereRMB1,507.3 million(US$231.0 million), an increase of 16% fromRMB1,296.7 millionin 2019, primarily due to an increase in headcount.</li><li><b>Research and development expenses</b>wereRMB6,891.7 million(US$1,056.2 million), an increase of 78% fromRMB3,870.4 millionin 2019. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&amp;D personnel and an increase in R&amp;D-related cloud services expenses.</li></ul><b>Operating loss</b>wasRMB9,380.3 million(US$1,437.6 million), compared with operating loss ofRMB8,538.2 millionin 2019.<b>Non-GAAP operating loss</b>wasRMB5,767.3 million(US$883.9 million), compared withRMB5,980.5 millionin 2019.</p><p><blockquote><ul><li><b>销售及市场推广开支</b>为人民币41,194.6百万元（6,313.3百万美元），较2019年的人民币27,174.2百万元增长52%，主要是由于广告费用以及促销和优惠券费用增加。</li><li><b>一般及行政开支</b>为人民币1,507.3百万元（231.0百万美元），较2019年的人民币1,296.7百万元增长16%，主要由于员工人数增加。</li><li><b>研发费用</b>为人民币6,891.7百万元（1,056.2百万美元），较2019年的人民币3,870.4百万元增长78%。该增加主要由于员工人数增加及招聘更有经验的研发人员以及研发相关云服务开支增加所致。</li></ul><b>经营亏损</b>为人民币93.803亿元（14.376亿美元），而2019年经营亏损为人民币85.382亿元。<b>非公认会计准则营业亏损</b>为人民币57.673亿元（8.839亿美元），而2019年为人民币59.805亿元。</blockquote></p><p><b>Net loss attributable to ordinary shareholders</b>wasRMB7,179.7 million(US$1,100.3 million), compared withRMB6,967.6 millionin 2019.<b>Non-GAAP net loss attributable to ordinary shareholders</b>wasRMB2,965.0 million(US$454.4 million), compared withRMB4,265.8 millionin 2019.</p><p><blockquote><b>归属于普通股股东的净亏损</b>为人民币71.797亿元（11.003亿美元），而2019年为人民币69.676亿元。<b>非公认会计准则归属于普通股股东的净亏损</b>为人民币29.65亿元（4.544亿美元），而2019年为人民币42.658亿元。</blockquote></p><p><b>Basic and diluted net loss per ADS</b>wereRMB6.02(US$0.92), compared withRMB6.04in 2019. Non-GAAP basic and diluted net loss per ADS wereRMB2.49(US$0.38), compared withRMB3.68in 2019.</p><p><blockquote><b>每股美国存托股基本和摊薄净亏损</b>为人民币6.02元（0.92美元），而2019年为人民币6.04元。非公认会计准则每股美国存托凭证基本和摊薄净亏损为人民币2.49元（0.38美元），而2019年为人民币3.68元。</blockquote></p><p><b>Net cash provided by operating activities</b>wasRMB28,196.6 million(US$4,321.3 million), compared withRMB14,821.0 millionin 2019, primarily due to an increase in online marketing services revenues.</p><p><blockquote><b>经营活动提供的现金净额</b>为人民币28,196.6百万元（4,321.3百万美元），而2019年为人民币14,821.0百万元，主要是由于在线营销服务收入增加。</blockquote></p><p><b>Recent Development</b></p><p><blockquote><b>近期发展</b></blockquote></p><p></p><p>As of&nbsp;February 28, 2021,US$711.9 millionof the 0% convertible bond due in 2024 have been converted into newly issued ADSs.</p><p><blockquote>截至2021年2月28日，2024年到期的0%可转换债券中有7.11.9百万美元已转换为新发行的美国存讬股。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PDD":"拼多多"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194606272","content_text":"(March 17) Pinduoduo drops more than 8%.Pinduoduo Q4 Non-GAAP EPS of -$0.02beats by $0.01; GAAP EPS of -$0.17misses by $0.01.Revenue of $4.07B (+162.6% Y/Y)beats by $1.2B.Average monthly active users were 719.9M, an increase of 50% from 481.5M in Q4 2019.GMV in the TTM ended Dec. 31, 2020 was RMB1,667.6B ($255.6B), +66% from RMB1006.6B in year ended Dec. 31, 2019.Fourth Quarter 2020 HighlightsGMV1 in the twelve-month period endedDecember 31, 2020wasRMB1,667.6 billion(US$2255.6 billion), an increase of 66% fromRMB1,006.6 billionin the twelve-month period endedDecember 31, 2019.Total revenues in the quarter wereRMB26,547.7 million(US$4,068.6 million), an increase of 146% fromRMB10,792.7 millionin the same quarter of 2019.Average monthly active users3 in the quarter were 719.9 million, an increase of 50% from 481.5 million in the same quarter of 2019.Active buyers4 in the twelve-month period endedDecember 31, 2020were 788.4 million, an increase of 35% from 585.2 million in the twelve-month period endedDecember 31, 2019.Annual spending per active buyer5 in the twelve-month period endedDecember 31, 2020wasRMB 2,115.2(US$324.2), an increase of 23% fromRMB 1,720.1in the twelve-month period endedDecember 31, 2019.“We saw six years ago that mobile is the only way to go. Therefore, we are the only major consumer internet company in the world that is mobile only. The mobile internet fundamentally transforms the way humans interact with each other,” said Mr.Lei Chen, Chairman and Chief Executive Officer ofPinduoduo.“This revolution is tearing down the walls between the physical and digital worlds. Being a mobile-only product in this new age, we are well-placed to benefit from the opportunities thrown up by each behavioral change.”“One such change sweeping the world is agriculture and grocery.Pinduoduostarted with agricultural products, with the vision of offering consumers the ‘Costco + Disney’ experience of more savings and more fun. We are now the largest agriculture platform inChinaand we hope thatPinduoduocan one day become the largest grocer in the world,”Mr. Chencontinued.“Agriculture is a strategic priority for us, and we will continue to invest in technology and operations across the agricultural value chain to optimize food production, distribution and consumption,” added Mr.David Liu, Vice President of Strategy. “Reducing inefficiencies in the supply chain will lower structural costs and make groceries more affordable for everyone.”“We continued to deliver strong results in the fourth quarter and generate positive cash flow from operations,” said Mr.Tony Ma, Vice President of Finance. “Our total revenues for fiscal year 2020 increased 97% from the prior year, and excluding contribution from merchandise sales, our total revenues grew 78%.”Fourth Quarter 2020 Unaudited Financial ResultsTotal revenueswereRMB26,547.7 million(US$4,068.6 million), an increase of 146% fromRMB10,792.7 millionin the same quarter of 2019. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.Revenues from online marketing services and others were RMB18,922.0 million(US$2,899.9 million), an increase of 95% fromRMB9,686.7 millionin the same quarter of 2019.Revenues from transaction serviceswereRMB2,267.9 million(US$347.6 million), an increase of 105% fromRMB1,106.0 millionin the same quarter of 2019.Revenues from merchandise saleswereRMB5,357.8 million(US$821.1 million), an increase ofRMB5,357.8 millionfrom nil in the same quarter of 2019.Total costs of revenueswereRMB11,526.1 million(US$1,766.5 million), an increase of 466% fromRMB2,037.4 millionin the same quarter of 2019. The increase was mainly due to costs and expenses attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, merchant support services, and delivery and storage fees.Total operating expenseswereRMB17,069.4 million(US$2,616.0 million), compared withRMB10,890.6 millionin the same quarter of 2019.Sales and marketing expenseswereRMB14,712.5 million(US$2,254.8 million), an increase of 59% fromRMB9,272.5 millionin the same quarter of 2019, mainly due to an increase in advertising expenses and promotion and coupon expenses.General and administrative expenseswereRMB405.6 million(US$62.2 million), an increase of 17% fromRMB345.7 millionin the same quarter of 2019, primarily due to an increase in professional and outsourcing services.Research and development expenseswereRMB1,951.3 million(US$299.0 million), an increase of 53% fromRMB1,272.4 millionin the same quarter of 2019. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&D personnel and an increase in R&D-related cloud services expenses.Operating losswasRMB2,047.8 million(US$313.8 million), compared with operating loss ofRMB2,135.3 millionin the same quarter of 2019.Non-GAAP operating loss6wasRMB1,114.5 million(US$170.8 million), compared with operating loss ofRMB1,336.6 millionin the same quarter of 2019.Net loss attributable to ordinary shareholderswasRMB1,376.4 million(US$210.9 million), compared withRMB1,751.6 millionin the same quarter of 2019.Non-GAAP net loss attributable to ordinary shareholderswasRMB184.5 million(US$28.3 million), compared withRMB815.0 millionin the same quarter of 2019.Basic and diluted net loss per ADSwereRMB1.13(US$0.17), compared withRMB1.52in the same quarter of 2019.Non-GAAP basic and diluted net loss per ADSwereRMB0.15(US$0.02), compared withRMB0.72in the same quarter of 2019.Net cash flow from operating activitieswasRMB14,946.6 million(US$2,290.7 million), compared withRMB9,598.0 millionin the same quarter of 2019, primarily due to an increase in online marketing services revenues.Cash, cash equivalents and short-term investmentswereRMB87.0 billion(US$13.3 billion) as ofDecember 31, 2020, compared withRMB41.1 billionas ofDecember 31, 2019.Fiscal Year 2020 Financial ResultsTotal revenueswereRMB59,491.9 million(US$9,117.5 million), representing an increase of 97% fromRMB30,141.9 millionin 2019. The increase was primarily due to an increase in revenues from online marketing services and contribution from merchandise sales.Revenues from online marketing services and otherswereRMB47,953.8 million(US$7,349.2 million), representing an increase of 79% fromRMB26,813.6 millionin 2019.Revenues from transaction serviceswereRMB5,787.4 million(US$887.0 million), representing an increase of 74% fromRMB3,328.2 millionin 2019.Revenues from merchandise saleswereRMB5,750.7 million(US$881.3 million), an increase ofRMB5,750.7 millionfrom nil in 2019.Total costs of revenueswereRMB19,278.6 million(US$2,954.6 million), representing an increase of 204% fromRMB6,338.8 millionin 2019. The increase was mainly due to costs and expenses attributable to merchandise sales, higher cost of payment processing fees, cloud services fees, merchant support services, and delivery and storage fees.Total operating expenseswereRMB49,593.5 million(US$7,600.5 million), compared withRMB32,341.3 millionin 2019.Sales and marketing expenseswereRMB41,194.6 million(US$6,313.3 million), an increase of 52% fromRMB27,174.2 millionin 2019, mainly due to an increase in advertising expenses and promotion and coupon expenses.General and administrative expenseswereRMB1,507.3 million(US$231.0 million), an increase of 16% fromRMB1,296.7 millionin 2019, primarily due to an increase in headcount.Research and development expenseswereRMB6,891.7 million(US$1,056.2 million), an increase of 78% fromRMB3,870.4 millionin 2019. The increase was primarily due to an increase in headcount and the recruitment of more experienced R&D personnel and an increase in R&D-related cloud services expenses.Operating losswasRMB9,380.3 million(US$1,437.6 million), compared with operating loss ofRMB8,538.2 millionin 2019.Non-GAAP operating losswasRMB5,767.3 million(US$883.9 million), compared withRMB5,980.5 millionin 2019.Net loss attributable to ordinary shareholderswasRMB7,179.7 million(US$1,100.3 million), compared withRMB6,967.6 millionin 2019.Non-GAAP net loss attributable to ordinary shareholderswasRMB2,965.0 million(US$454.4 million), compared withRMB4,265.8 millionin 2019.Basic and diluted net loss per ADSwereRMB6.02(US$0.92), compared withRMB6.04in 2019. Non-GAAP basic and diluted net loss per ADS wereRMB2.49(US$0.38), compared withRMB3.68in 2019.Net cash provided by operating activitieswasRMB28,196.6 million(US$4,321.3 million), compared withRMB14,821.0 millionin 2019, primarily due to an increase in online marketing services revenues.Recent DevelopmentAs of February 28, 2021,US$711.9 millionof the 0% convertible bond due in 2024 have been converted into newly issued ADSs.","news_type":1,"symbols_score_info":{"PDD":0.9}},"isVote":1,"tweetType":1,"viewCount":1700,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321917555,"gmtCreate":1615388693777,"gmtModify":1703488368423,"author":{"id":"3568372815594089","authorId":"3568372815594089","name":"SharonMF","avatar":"https://static.tigerbbs.com/0622e369963193a4b95a24fec3db4181","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568372815594089","idStr":"3568372815594089"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/321917555","repostId":"1117878459","repostType":4,"repost":{"id":"1117878459","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1615387693,"share":"https://www.laohu8.com/m/news/1117878459?lang=zh_CN&edition=full","pubTime":"2021-03-10 22:48","market":"us","language":"en","title":"EV  Stocks are blazing hot, once again<blockquote>电动汽车股票再次火爆</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1117878459","media":"老虎资讯综合","summary":"Nio&nbsp;up&nbsp;6.87%,Xpeng Motors&nbsp;up&nbsp;5.61%, Li Auto&nbsp;up&nbsp;4.25%&nbsp;and&nbsp;Tesla&nbsp;up&nbsp;4.41%.","content":"<p>Nio&nbsp;up&nbsp;6.87%,Xpeng Motors&nbsp;up&nbsp;5.61%, Li Auto&nbsp;up&nbsp;4.25%&nbsp;and&nbsp;Tesla&nbsp;up&nbsp;4.41%.</p><p><blockquote>蔚来涨6.87%，小鹏汽车涨5.61%，理想汽车涨4.25%，特斯拉涨4.41%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/70b93be4ff8f47a04153fd85595ce8af\" tg-width=\"370\" tg-height=\"234\"></p><p><blockquote></blockquote></p><p></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>EV  Stocks are blazing hot, once again<blockquote>电动汽车股票再次火爆</blockquote></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{ 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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: 12.5px; color: #7E829C; margin: 0;}\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\">\nEV  Stocks are blazing hot, once again<blockquote>电动汽车股票再次火爆</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-03-10 22:48</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Nio&nbsp;up&nbsp;6.87%,Xpeng Motors&nbsp;up&nbsp;5.61%, Li Auto&nbsp;up&nbsp;4.25%&nbsp;and&nbsp;Tesla&nbsp;up&nbsp;4.41%.</p><p><blockquote>蔚来涨6.87%，小鹏汽车涨5.61%，理想汽车涨4.25%，特斯拉涨4.41%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/70b93be4ff8f47a04153fd85595ce8af\" tg-width=\"370\" tg-height=\"234\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","NIO":"蔚来","XPEV":"小鹏汽车","LI":"理想汽车"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117878459","content_text":"Nio up 6.87%,Xpeng Motors up 5.61%, Li Auto up 4.25% and Tesla up 4.41%.","news_type":1,"symbols_score_info":{"XPEV":0.9,"TSLA":0.9,"NIO":0.9,"LI":0.9}},"isVote":1,"tweetType":1,"viewCount":614,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328072286,"gmtCreate":1615476860445,"gmtModify":1703489732592,"author":{"id":"3568372815594089","authorId":"3568372815594089","name":"SharonMF","avatar":"https://static.tigerbbs.com/0622e369963193a4b95a24fec3db4181","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568372815594089","idStr":"3568372815594089"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/U\">$Unity Software Inc.(U)$</a>Sad","listText":"<a href=\"https://laohu8.com/S/U\">$Unity Software Inc.(U)$</a>Sad","text":"$Unity Software 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href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>👍🏼","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>👍🏼","text":"$Palantir Technologies 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href=\"https://laohu8.com/S/U\">$Unity Software Inc.(U)$</a>耐心","listText":"<a href=\"https://laohu8.com/S/U\">$Unity Software Inc.(U)$</a>耐心","text":"$Unity Software Inc.(U)$耐心","images":[{"img":"https://static.tigerbbs.com/6ea9fec5058f70d804b1155af7cb1ef2","width":"1242","height":"1767"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/350481448","isVote":1,"tweetType":1,"viewCount":2171,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":350189823,"gmtCreate":1616166101562,"gmtModify":1631883800905,"author":{"id":"3568372815594089","authorId":"3568372815594089","name":"SharonMF","avatar":"https://static.tigerbbs.com/0622e369963193a4b95a24fec3db4181","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568372815594089","idStr":"3568372815594089"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/U\">$Unity Software 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worse","images":[{"img":"https://static.tigerbbs.com/70e078ecf3e52331fb8c23c7aaca4b8e","width":"1242","height":"1767"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/350189823","isVote":1,"tweetType":1,"viewCount":1276,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":366837282,"gmtCreate":1614430929746,"gmtModify":1703477518249,"author":{"id":"3568372815594089","authorId":"3568372815594089","name":"SharonMF","avatar":"https://static.tigerbbs.com/0622e369963193a4b95a24fec3db4181","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568372815594089","idStr":"3568372815594089"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/366837282","repostId":"1117820997","repostType":4,"isVote":1,"tweetType":1,"viewCount":284,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325269379,"gmtCreate":1615902541491,"gmtModify":1703494755681,"author":{"id":"3568372815594089","authorId":"3568372815594089","name":"SharonMF","avatar":"https://static.tigerbbs.com/0622e369963193a4b95a24fec3db4181","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568372815594089","idStr":"3568372815594089"},"themes":[],"htmlText":"m","listText":"m","text":"m","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/325269379","repostId":"1122286945","repostType":4,"repost":{"id":"1122286945","kind":"news","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":1615902195,"share":"https://www.laohu8.com/m/news/1122286945?lang=zh_CN&edition=full","pubTime":"2021-03-16 21:43","market":"us","language":"en","title":"GameStop stock drops nearly 15%, after tumbling 16.8% on Monday<blockquote>游戏驿站股价周一暴跌16.8%后下跌近15%</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1122286945","media":"Tiger Newspress","summary":"(March 16) GameStop stock drops nearly 15%, after tumbling 16.8% on Monday. The Reddit favorite vide","content":"<p>(March 16)&nbsp;GameStop stock drops nearly 15%, after tumbling 16.8% on Monday.&nbsp;The Reddit favorite videogame retailer’s stock is still trading more than 10 times higher than it was at the start of the year.</p><p><blockquote>（3月16日）继周一暴跌16.8%后，游戏驿站股价下跌近15%。这家Reddit最受欢迎的视频游戏零售商的股价仍比年初高出10倍以上。</blockquote></p><p><img src=\"https://static.tigerbbs.com/da1c0801a7e42bda21ddd62a9cd23005\" tg-width=\"724\" tg-height=\"516\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></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>GameStop stock drops nearly 15%, after tumbling 16.8% on Monday<blockquote>游戏驿站股价周一暴跌16.8%后下跌近15%</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nGameStop stock drops nearly 15%, after tumbling 16.8% on Monday<blockquote>游戏驿站股价周一暴跌16.8%后下跌近15%</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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 smaller\">2021-03-16 21:43</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>(March 16)&nbsp;GameStop stock drops nearly 15%, after tumbling 16.8% on Monday.&nbsp;The Reddit favorite videogame retailer’s stock is still trading more than 10 times higher than it was at the start of the year.</p><p><blockquote>（3月16日）继周一暴跌16.8%后，游戏驿站股价下跌近15%。这家Reddit最受欢迎的视频游戏零售商的股价仍比年初高出10倍以上。</blockquote></p><p><img src=\"https://static.tigerbbs.com/da1c0801a7e42bda21ddd62a9cd23005\" tg-width=\"724\" tg-height=\"516\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/1fc1f5e2fa377c378fa230c10e0849a2","relate_stocks":{"GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122286945","content_text":"(March 16) GameStop stock drops nearly 15%, after tumbling 16.8% on Monday. The Reddit favorite videogame retailer’s stock is still trading more than 10 times higher than it was at the start of the year.","news_type":1,"symbols_score_info":{"GME":0.9}},"isVote":1,"tweetType":1,"viewCount":1328,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":326848273,"gmtCreate":1615619728392,"gmtModify":1703491694847,"author":{"id":"3568372815594089","authorId":"3568372815594089","name":"SharonMF","avatar":"https://static.tigerbbs.com/0622e369963193a4b95a24fec3db4181","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568372815594089","idStr":"3568372815594089"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/326848273","repostId":"1199156489","repostType":4,"repost":{"id":"1199156489","kind":"news","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":1615452861,"share":"https://www.laohu8.com/m/news/1199156489?lang=zh_CN&edition=full","pubTime":"2021-03-11 16:54","market":"us","language":"en","title":"US Daylight Saving Time<blockquote>美国夏令时</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1199156489","media":"Tiger Newspress","summary":"From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving tim","content":"<p>From&nbsp;02:00&nbsp;U.S.&nbsp;East&nbsp;time&nbsp;March&nbsp;14(this&nbsp;Sunday),the&nbsp;North America&nbsp;region&nbsp;entered&nbsp;daylight saving&nbsp;time,until&nbsp;02:00&nbsp;U.S.&nbsp;East&nbsp;time&nbsp;ends&nbsp;on&nbsp;November&nbsp;7,2021.</p><p><blockquote>从美国东部时间3月14日（本周日）02：00开始，北美地区进入夏令时，直到美国东部时间2021年11月7日02：00结束。</blockquote></p><p>So,starting&nbsp;on&nbsp;Monday,March&nbsp;14,the&nbsp;U.S.&nbsp;market&nbsp;will&nbsp;open&nbsp;and&nbsp;close&nbsp;one&nbsp;hour&nbsp;ahead&nbsp;of&nbsp;schedule&nbsp;during&nbsp;north&nbsp;american&nbsp;daylight saving time,i.e.,U.S.&nbsp;trading&nbsp;time&nbsp;will&nbsp;be&nbsp;changed&nbsp;to&nbsp;21:30&nbsp;beijing&nbsp;time&nbsp;to&nbsp;04:00&nbsp;a.m.the&nbsp;next&nbsp;day,pre-trade&nbsp;time&nbsp;will&nbsp;be&nbsp;16:00&nbsp;to&nbsp;21:30,after-trade&nbsp;time&nbsp;will&nbsp;be&nbsp;04:00&nbsp;to&nbsp;8:00.</p><p><blockquote>于是，从3月14日周一开始，美国市场将在北美夏令时期间提前一小时开盘和收盘，即美国交易时间改为北京时间21:30至次日凌晨04:00，交易前时间为16:00至21:30，交易后时间为04:00至8:00。</blockquote></p><p><b>What is daylight saving time?</b></p><p><blockquote><b>什么是夏令时？</b></blockquote></p><p>The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.</p><p><blockquote>夏令时是在夏季将时钟拨快一小时的做法，这样白天会持续更长时间到晚上。北美和欧洲的大部分地区遵循这一习俗，而其他地方的大多数国家则不这样做。</blockquote></p><p>Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.</p><p><blockquote>夏威夷、美属萨摩亚、关岛、波多黎各、美属维尔京群岛和亚利桑那州大部分地区不实行夏令时。坚持现状是义不容辞的责任。</blockquote></p><p></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>US Daylight Saving Time<blockquote>美国夏令时</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nUS Daylight Saving Time<blockquote>美国夏令时</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\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 smaller\">2021-03-11 16:54</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>From&nbsp;02:00&nbsp;U.S.&nbsp;East&nbsp;time&nbsp;March&nbsp;14(this&nbsp;Sunday),the&nbsp;North America&nbsp;region&nbsp;entered&nbsp;daylight saving&nbsp;time,until&nbsp;02:00&nbsp;U.S.&nbsp;East&nbsp;time&nbsp;ends&nbsp;on&nbsp;November&nbsp;7,2021.</p><p><blockquote>从美国东部时间3月14日（本周日）02：00开始，北美地区进入夏令时，直到美国东部时间2021年11月7日02：00结束。</blockquote></p><p>So,starting&nbsp;on&nbsp;Monday,March&nbsp;14,the&nbsp;U.S.&nbsp;market&nbsp;will&nbsp;open&nbsp;and&nbsp;close&nbsp;one&nbsp;hour&nbsp;ahead&nbsp;of&nbsp;schedule&nbsp;during&nbsp;north&nbsp;american&nbsp;daylight saving time,i.e.,U.S.&nbsp;trading&nbsp;time&nbsp;will&nbsp;be&nbsp;changed&nbsp;to&nbsp;21:30&nbsp;beijing&nbsp;time&nbsp;to&nbsp;04:00&nbsp;a.m.the&nbsp;next&nbsp;day,pre-trade&nbsp;time&nbsp;will&nbsp;be&nbsp;16:00&nbsp;to&nbsp;21:30,after-trade&nbsp;time&nbsp;will&nbsp;be&nbsp;04:00&nbsp;to&nbsp;8:00.</p><p><blockquote>于是，从3月14日周一开始，美国市场将在北美夏令时期间提前一小时开盘和收盘，即美国交易时间改为北京时间21:30至次日凌晨04:00，交易前时间为16:00至21:30，交易后时间为04:00至8:00。</blockquote></p><p><b>What is daylight saving time?</b></p><p><blockquote><b>什么是夏令时？</b></blockquote></p><p>The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.</p><p><blockquote>夏令时是在夏季将时钟拨快一小时的做法，这样白天会持续更长时间到晚上。北美和欧洲的大部分地区遵循这一习俗，而其他地方的大多数国家则不这样做。</blockquote></p><p>Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.</p><p><blockquote>夏威夷、美属萨摩亚、关岛、波多黎各、美属维尔京群岛和亚利桑那州大部分地区不实行夏令时。坚持现状是义不容辞的责任。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199156489","content_text":"From 02:00 U.S. East time March 14(this Sunday),the North America region entered daylight saving time,until 02:00 U.S. East time ends on November 7,2021.So,starting on Monday,March 14,the U.S. market will open and close one hour ahead of schedule during north american daylight saving time,i.e.,U.S. trading time will be changed to 21:30 beijing time to 04:00 a.m.the next day,pre-trade time will be 16:00 to 21:30,after-trade time will be 04:00 to 8:00.What is daylight saving time?The DST is the practice of moving clocks forward by one hour during summer months so that daylight lasts longer into evening. Most of North America and Europe follows the custom, while the majority of countries elsewhere do not.Hawaii, American Samoa, Guam, Puerto Rico, the US Virgin Islands and most of Arizona don’t observe daylight saving time. It’s incumbent to stick with the status quo.","news_type":1,"symbols_score_info":{".SPX":0.9,".DJI":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":567,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":363794846,"gmtCreate":1614171084585,"gmtModify":1631883804382,"author":{"id":"3568372815594089","authorId":"3568372815594089","name":"SharonMF","avatar":"https://static.tigerbbs.com/0622e369963193a4b95a24fec3db4181","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568372815594089","idStr":"3568372815594089"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/U\">$Unity Software Inc.(U)$</a>😓","listText":"<a href=\"https://laohu8.com/S/U\">$Unity Software Inc.(U)$</a>😓","text":"$Unity Software Inc.(U)$😓","images":[{"img":"https://static.tigerbbs.com/20c6dad1aead28956ba7d9e307c07aeb","width":"1242","height":"1767"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/363794846","isVote":1,"tweetType":1,"viewCount":483,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":360794599,"gmtCreate":1613975006111,"gmtModify":1631883805283,"author":{"id":"3568372815594089","authorId":"3568372815594089","name":"SharonMF","avatar":"https://static.tigerbbs.com/0622e369963193a4b95a24fec3db4181","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568372815594089","idStr":"3568372815594089"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/U\">$Unity Software Inc.(U)$</a>😓","listText":"<a href=\"https://laohu8.com/S/U\">$Unity Software Inc.(U)$</a>😓","text":"$Unity Software Inc.(U)$😓","images":[{"img":"https://static.tigerbbs.com/baa26c8398afff01d36197066533a1cc","width":"1242","height":"1767"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/360794599","isVote":1,"tweetType":1,"viewCount":365,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":384622591,"gmtCreate":1613649827513,"gmtModify":1634552796388,"author":{"id":"3568372815594089","authorId":"3568372815594089","name":"SharonMF","avatar":"https://static.tigerbbs.com/0622e369963193a4b95a24fec3db4181","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3568372815594089","idStr":"3568372815594089"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/384622591","repostId":"1102078157","repostType":4,"isVote":1,"tweetType":1,"viewCount":116,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}