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missreenaa

missreenaa

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2021-12-22

This is sad. Seems like covid is never ending.

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2021-12-18

Microsoft definitely!

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2021-12-02

Yay go Grab!! Frequent user here

Singapore ride-hailing firm Grab spikes 18% on its first day of trading

2021-11-08

Would like to see how the stock price reacts later today

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2021-11-06

MANAMANA 😂👍

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2021-10-26

Happy

UP Fintech Holding Limited Receives Approval from SFC of Acquisition of Ocean Joy Securities Limited

2021-10-11

$SINGAPORE AIRLINES LTD(C6L.SI)$Yas finally took off ✈✈

2021-10-08

$Alibaba(BABA)$its finally recovering!

2021-09-07

$Netflix(NFLX)$Yay broke $600!! 🥳🥳

2021-08-25

Very nice!

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2021-08-12

Adding slowly because fundamentals are solid

2021-08-11

$KOUFU GROUP LIMITED(VL6.SI)$Good companies always prevail.

2021-08-10

Very nice!

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2021-08-06

This is excellent!! Can't wait for the restrictions to be lifted!!!

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2021-07-15

Tesla and Nio!

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2021-07-12

Many countries are already getting infrastructure ready for EVs. Its gonna happen sooner rather than later!

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2021-06-30

Would you subscribe to an "ad-light" version of Netflix? I wouldn't...

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2021-06-29

$Netflix(NFLX)$💯

2021-06-24

$Tesla Motors(TSLA)$Yay finally!!

2021-06-23

Oh wow, 62%! That seems a bit much.

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去老虎APP查看更多动态

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is sad. Seems like covid is never ending.","listText":"This is sad. Seems like covid is never ending.","text":"This is sad. Seems like covid is never ending.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/691188215","repostId":"2193316202","repostType":4,"isVote":1,"tweetType":1,"viewCount":2083,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":699625633,"gmtCreate":1639794608885,"gmtModify":1639796610766,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"Microsoft definitely!","listText":"Microsoft definitely!","text":"Microsoft definitely!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/699625633","repostId":"2192973737","repostType":4,"isVote":1,"tweetType":1,"viewCount":1965,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603742398,"gmtCreate":1638456322468,"gmtModify":1638456322909,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"Yay go Grab!! Frequent user here","listText":"Yay go Grab!! Frequent user here","text":"Yay go Grab!! Frequent user here","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/603742398","repostId":"1122539371","repostType":4,"repost":{"id":"1122539371","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":1638455400,"share":"https://www.laohu8.com/m/news/1122539371?lang=&edition=full","pubTime":"2021-12-02 22:30","market":"us","language":"en","title":"Singapore ride-hailing firm Grab spikes 18% on its first day of trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1122539371","media":"Tiger Newspress","summary":"Singapore ride-hailing firm Grab spikes 18% on its first day of trading.\n\nGrab, Southeast Asia's big","content":"<p>Singapore ride-hailing firm Grab spikes 18% on its first day of trading.</p>\n<p><img src=\"https://static.tigerbbs.com/61b479a07f5b168e94fcce83e7ef2cc5\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p>\n<p><a href=\"https://laohu8.com/S/GRAB\">Grab</a>, Southeast Asia's biggest ride-hailing and food delivery firm,lists&nbsp;on Nasdaq on Thursday following its $40 billion merger with special-purpose acquisition company (SPAC) <a href=\"https://laohu8.com/S/AGC\">Altimeter Growth Corp</a>.</p>\n<p>The deal is the world's biggest ever by a blank-check company and the biggest U.S. listing by a Southeast Asian firm.</p>\n<p><b>WHAT IS GRAB?</b></p>\n<p>Founded in 2012, Grab is Southeast Asia's largest startup, valued at just over $16 billion last year. It launched as a Malaysian taxi-hailing service and now calls itself a \"superapp\" after expanding into food, grocery and parcel delivery and to digital payments, lending and other financial services.</p>\n<p>Singapore-headquartered Grab operates across 465 cities in eight countries in the region, counting Indonesia as its biggest. Its venture with Singapore Telecommunications Ltd(STEL.SI)was awarded a digital bank license in Singapore last year.</p>\n<p>Grab gained the global spotlight in 2018 when it bought the Southeast Asian business of Uber Technologies Inc(UBER.N)in return for the U.S. ride-hailing company taking a stake in Grab.</p>\n<p>With some 8,000 employees, Grab has tech centres in Singapore, Beijing, Seattle, Bengaluru and other places.</p>\n<p><b>WHO'S BACKING GRAB?</b></p>\n<p>Early investors include Japan's SoftBank, China's Didi Chuxing and venture capital firms Vertex Ventures Holdings and GGV Capital.</p>\n<p>Grab raised about $12 billion ahead of the listing. Investors range from venture and hedge funds to automobile companies and other ride-hailing firms, and include:</p>\n<p>Uber, Booking Holdings Inc, China Investment Corp, Coatue Management, Hillhouse Capital, Hyundai Motor Co, Invesco Ltd, Microsoft Corp, Ping An Capital Co, Toyota Motor Corp, and Yamaha Motor Co..</p>\n<p>In the SPAC deal, about three dozen investors came on board including Temasek Holdings, BlackRock, Fidelity International, Abu Dhabi's Mubadala and Malaysia's Permodalan Nasional Bhd and Altimeter Capital.</p>\n<p><b>WHO'S THE COMPETITION?</b></p>\n<p>GoTo Group, formed by the merger of Indonesian ride-hailing and deliveries firm Gojek and local e-commerce leader Tokopedia is Grab's biggest competitor.</p>\n<p>Singapore-based Sea Ltd, which has e-commerce, gaming and a digital payments business, and is also muscling into food delivery and financial services in Indonesia. Sea has also won a digital bank license in Singapore.</p>\n<p>Grab is likely to increasingly start competing with banks as it expands its financial services.</p>\n<p>It also competes with such delivery companies as Foodpanda and Deliveroo PLC.</p>\n<p><b>WHAT ARE GRAB'S FINANCIALS?</b></p>\n<p>Grab's third-quarter revenue fell 9% from a year earlier to $157 million. Its adjusted loss before interest, taxes, depreciation and amortization (EBITDA) widened 66% to $212 million. Gross merchandise value hit a quarterly record of $4 billion.</p>\n<p>The delivery business has emerged as the biggest segment as more consumers shifted to online food delivery during the pandemic.</p>\n<p>Grab forecasts it will turn profitable on an EBITDA basis in 2023.</p>\n<p><b>WHO ARE ITS KEY EXECUTIVES?</b></p>\n<p>Anthony Tan, 39, is the company's CEO and co-founder.</p>\n<p>Fellow co-founder Tan Hooi Ling, 38, runs Grab's operations, including corporate strategy and technology.</p>\n<p>Both Tans, unrelated, met at Harvard Business School, where they conceived the idea of the ride-hailing company.</p>\n<p>Grab's president, Ming Maa, is a prominent dealmaker from SoftBank, who joined the company in 2016.</p>\n<p><b>Here are some milestones for the Singapore-headquartered company:</b></p>\n<p>2011: Anthony Tan and co-founder Tan Hooi Ling create Grab in a Harvard Business School venture competition plan</p>\n<p>2012: Launches as MyTeksi taxi booking service in Malaysia</p>\n<p>2013: Expands to the Philippines, Thailand, Singapore as GrabTaxi</p>\n<p>April 2014: Announces Series A funding</p>\n<p>June 2014: Launches in Indonesia</p>\n<p>December 2014: Japan's SoftBank&nbsp;invests $250 million in a funding round</p>\n<p>August 2015: Becomes a unicorn after $350 million funding round</p>\n<p>December 2015: Announces a strategic partnership with other ride-hailing companies Ola, Didi, and Lyft that competed against Uber</p>\n<p>January 2016: Rebrands to Grab from GrabTaxi to reflect expanding services</p>\n<p>November 2017: Launches GrabPay payments service for third-party transactions</p>\n<p>March 2018: Announces acquisition of Uber's business in Southeast Asia through an all-share deal, Uber becomes a strategic shareholder</p>\n<p>May 2018: Pilots GrabFood delivery service</p>\n<p>July 2018: Unveils \"superapp\" strategy that provides a range of services under one platform</p>\n<p>March 2019: Reaches valuation of about $14 billion</p>\n<p>December 2020: Wins digital full bank license in Singapore in a partnership with Singapore Telecommunications Ltd</p>\n<p>April 2021: Agrees to list on Nasdaq through a merger with special-purpose acquisition company Altimeter Growth Corp&nbsp;securing a valuation of nearly $40 billion</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>Singapore ride-hailing firm Grab spikes 18% on its first day of trading</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore ride-hailing firm Grab spikes 18% on its first day of trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-12-02 22:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Singapore ride-hailing firm Grab spikes 18% on its first day of trading.</p>\n<p><img src=\"https://static.tigerbbs.com/61b479a07f5b168e94fcce83e7ef2cc5\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p>\n<p><a href=\"https://laohu8.com/S/GRAB\">Grab</a>, Southeast Asia's biggest ride-hailing and food delivery firm,lists&nbsp;on Nasdaq on Thursday following its $40 billion merger with special-purpose acquisition company (SPAC) <a href=\"https://laohu8.com/S/AGC\">Altimeter Growth Corp</a>.</p>\n<p>The deal is the world's biggest ever by a blank-check company and the biggest U.S. listing by a Southeast Asian firm.</p>\n<p><b>WHAT IS GRAB?</b></p>\n<p>Founded in 2012, Grab is Southeast Asia's largest startup, valued at just over $16 billion last year. It launched as a Malaysian taxi-hailing service and now calls itself a \"superapp\" after expanding into food, grocery and parcel delivery and to digital payments, lending and other financial services.</p>\n<p>Singapore-headquartered Grab operates across 465 cities in eight countries in the region, counting Indonesia as its biggest. Its venture with Singapore Telecommunications Ltd(STEL.SI)was awarded a digital bank license in Singapore last year.</p>\n<p>Grab gained the global spotlight in 2018 when it bought the Southeast Asian business of Uber Technologies Inc(UBER.N)in return for the U.S. ride-hailing company taking a stake in Grab.</p>\n<p>With some 8,000 employees, Grab has tech centres in Singapore, Beijing, Seattle, Bengaluru and other places.</p>\n<p><b>WHO'S BACKING GRAB?</b></p>\n<p>Early investors include Japan's SoftBank, China's Didi Chuxing and venture capital firms Vertex Ventures Holdings and GGV Capital.</p>\n<p>Grab raised about $12 billion ahead of the listing. Investors range from venture and hedge funds to automobile companies and other ride-hailing firms, and include:</p>\n<p>Uber, Booking Holdings Inc, China Investment Corp, Coatue Management, Hillhouse Capital, Hyundai Motor Co, Invesco Ltd, Microsoft Corp, Ping An Capital Co, Toyota Motor Corp, and Yamaha Motor Co..</p>\n<p>In the SPAC deal, about three dozen investors came on board including Temasek Holdings, BlackRock, Fidelity International, Abu Dhabi's Mubadala and Malaysia's Permodalan Nasional Bhd and Altimeter Capital.</p>\n<p><b>WHO'S THE COMPETITION?</b></p>\n<p>GoTo Group, formed by the merger of Indonesian ride-hailing and deliveries firm Gojek and local e-commerce leader Tokopedia is Grab's biggest competitor.</p>\n<p>Singapore-based Sea Ltd, which has e-commerce, gaming and a digital payments business, and is also muscling into food delivery and financial services in Indonesia. Sea has also won a digital bank license in Singapore.</p>\n<p>Grab is likely to increasingly start competing with banks as it expands its financial services.</p>\n<p>It also competes with such delivery companies as Foodpanda and Deliveroo PLC.</p>\n<p><b>WHAT ARE GRAB'S FINANCIALS?</b></p>\n<p>Grab's third-quarter revenue fell 9% from a year earlier to $157 million. Its adjusted loss before interest, taxes, depreciation and amortization (EBITDA) widened 66% to $212 million. Gross merchandise value hit a quarterly record of $4 billion.</p>\n<p>The delivery business has emerged as the biggest segment as more consumers shifted to online food delivery during the pandemic.</p>\n<p>Grab forecasts it will turn profitable on an EBITDA basis in 2023.</p>\n<p><b>WHO ARE ITS KEY EXECUTIVES?</b></p>\n<p>Anthony Tan, 39, is the company's CEO and co-founder.</p>\n<p>Fellow co-founder Tan Hooi Ling, 38, runs Grab's operations, including corporate strategy and technology.</p>\n<p>Both Tans, unrelated, met at Harvard Business School, where they conceived the idea of the ride-hailing company.</p>\n<p>Grab's president, Ming Maa, is a prominent dealmaker from SoftBank, who joined the company in 2016.</p>\n<p><b>Here are some milestones for the Singapore-headquartered company:</b></p>\n<p>2011: Anthony Tan and co-founder Tan Hooi Ling create Grab in a Harvard Business School venture competition plan</p>\n<p>2012: Launches as MyTeksi taxi booking service in Malaysia</p>\n<p>2013: Expands to the Philippines, Thailand, Singapore as GrabTaxi</p>\n<p>April 2014: Announces Series A funding</p>\n<p>June 2014: Launches in Indonesia</p>\n<p>December 2014: Japan's SoftBank&nbsp;invests $250 million in a funding round</p>\n<p>August 2015: Becomes a unicorn after $350 million funding round</p>\n<p>December 2015: Announces a strategic partnership with other ride-hailing companies Ola, Didi, and Lyft that competed against Uber</p>\n<p>January 2016: Rebrands to Grab from GrabTaxi to reflect expanding services</p>\n<p>November 2017: Launches GrabPay payments service for third-party transactions</p>\n<p>March 2018: Announces acquisition of Uber's business in Southeast Asia through an all-share deal, Uber becomes a strategic shareholder</p>\n<p>May 2018: Pilots GrabFood delivery service</p>\n<p>July 2018: Unveils \"superapp\" strategy that provides a range of services under one platform</p>\n<p>March 2019: Reaches valuation of about $14 billion</p>\n<p>December 2020: Wins digital full bank license in Singapore in a partnership with Singapore Telecommunications Ltd</p>\n<p>April 2021: Agrees to list on Nasdaq through a merger with special-purpose acquisition company Altimeter Growth Corp&nbsp;securing a valuation of nearly $40 billion</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GRAB":"Grab Holdings"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122539371","content_text":"Singapore ride-hailing firm Grab spikes 18% on its first day of trading.\n\nGrab, Southeast Asia's biggest ride-hailing and food delivery firm,lists on Nasdaq on Thursday following its $40 billion merger with special-purpose acquisition company (SPAC) Altimeter Growth Corp.\nThe deal is the world's biggest ever by a blank-check company and the biggest U.S. listing by a Southeast Asian firm.\nWHAT IS GRAB?\nFounded in 2012, Grab is Southeast Asia's largest startup, valued at just over $16 billion last year. It launched as a Malaysian taxi-hailing service and now calls itself a \"superapp\" after expanding into food, grocery and parcel delivery and to digital payments, lending and other financial services.\nSingapore-headquartered Grab operates across 465 cities in eight countries in the region, counting Indonesia as its biggest. Its venture with Singapore Telecommunications Ltd(STEL.SI)was awarded a digital bank license in Singapore last year.\nGrab gained the global spotlight in 2018 when it bought the Southeast Asian business of Uber Technologies Inc(UBER.N)in return for the U.S. ride-hailing company taking a stake in Grab.\nWith some 8,000 employees, Grab has tech centres in Singapore, Beijing, Seattle, Bengaluru and other places.\nWHO'S BACKING GRAB?\nEarly investors include Japan's SoftBank, China's Didi Chuxing and venture capital firms Vertex Ventures Holdings and GGV Capital.\nGrab raised about $12 billion ahead of the listing. Investors range from venture and hedge funds to automobile companies and other ride-hailing firms, and include:\nUber, Booking Holdings Inc, China Investment Corp, Coatue Management, Hillhouse Capital, Hyundai Motor Co, Invesco Ltd, Microsoft Corp, Ping An Capital Co, Toyota Motor Corp, and Yamaha Motor Co..\nIn the SPAC deal, about three dozen investors came on board including Temasek Holdings, BlackRock, Fidelity International, Abu Dhabi's Mubadala and Malaysia's Permodalan Nasional Bhd and Altimeter Capital.\nWHO'S THE COMPETITION?\nGoTo Group, formed by the merger of Indonesian ride-hailing and deliveries firm Gojek and local e-commerce leader Tokopedia is Grab's biggest competitor.\nSingapore-based Sea Ltd, which has e-commerce, gaming and a digital payments business, and is also muscling into food delivery and financial services in Indonesia. Sea has also won a digital bank license in Singapore.\nGrab is likely to increasingly start competing with banks as it expands its financial services.\nIt also competes with such delivery companies as Foodpanda and Deliveroo PLC.\nWHAT ARE GRAB'S FINANCIALS?\nGrab's third-quarter revenue fell 9% from a year earlier to $157 million. Its adjusted loss before interest, taxes, depreciation and amortization (EBITDA) widened 66% to $212 million. Gross merchandise value hit a quarterly record of $4 billion.\nThe delivery business has emerged as the biggest segment as more consumers shifted to online food delivery during the pandemic.\nGrab forecasts it will turn profitable on an EBITDA basis in 2023.\nWHO ARE ITS KEY EXECUTIVES?\nAnthony Tan, 39, is the company's CEO and co-founder.\nFellow co-founder Tan Hooi Ling, 38, runs Grab's operations, including corporate strategy and technology.\nBoth Tans, unrelated, met at Harvard Business School, where they conceived the idea of the ride-hailing company.\nGrab's president, Ming Maa, is a prominent dealmaker from SoftBank, who joined the company in 2016.\nHere are some milestones for the Singapore-headquartered company:\n2011: Anthony Tan and co-founder Tan Hooi Ling create Grab in a Harvard Business School venture competition plan\n2012: Launches as MyTeksi taxi booking service in Malaysia\n2013: Expands to the Philippines, Thailand, Singapore as GrabTaxi\nApril 2014: Announces Series A funding\nJune 2014: Launches in Indonesia\nDecember 2014: Japan's SoftBank invests $250 million in a funding round\nAugust 2015: Becomes a unicorn after $350 million funding round\nDecember 2015: Announces a strategic partnership with other ride-hailing companies Ola, Didi, and Lyft that competed against Uber\nJanuary 2016: Rebrands to Grab from GrabTaxi to reflect expanding services\nNovember 2017: Launches GrabPay payments service for third-party transactions\nMarch 2018: Announces acquisition of Uber's business in Southeast Asia through an all-share deal, Uber becomes a strategic shareholder\nMay 2018: Pilots GrabFood delivery service\nJuly 2018: Unveils \"superapp\" strategy that provides a range of services under one platform\nMarch 2019: Reaches valuation of about $14 billion\nDecember 2020: Wins digital full bank license in Singapore in a partnership with Singapore Telecommunications Ltd\nApril 2021: Agrees to list on Nasdaq through a merger with special-purpose acquisition company Altimeter Growth Corp securing a valuation of nearly $40 billion","news_type":1},"isVote":1,"tweetType":1,"viewCount":1645,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":845824460,"gmtCreate":1636330081718,"gmtModify":1636330083288,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"Would like to see how the stock price reacts later today","listText":"Would like to see how the stock price reacts later today","text":"Would like to see how the stock price reacts later today","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/845824460","repostId":"2181723575","repostType":4,"isVote":1,"tweetType":1,"viewCount":2761,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842869892,"gmtCreate":1636162687283,"gmtModify":1636162885940,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"MANAMANA 😂👍","listText":"MANAMANA 😂👍","text":"MANAMANA 😂👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/842869892","repostId":"2181748650","repostType":4,"isVote":1,"tweetType":1,"viewCount":1252,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":852362067,"gmtCreate":1635243930452,"gmtModify":1635243931848,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"Happy&nbsp;[开心]&nbsp;","listText":"Happy&nbsp;[开心]&nbsp;","text":"Happy [开心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/852362067","repostId":"1134836974","repostType":4,"repost":{"id":"1134836974","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":1635235567,"share":"https://www.laohu8.com/m/news/1134836974?lang=&edition=full","pubTime":"2021-10-26 16:06","market":"us","language":"en","title":"UP Fintech Holding Limited Receives Approval from SFC of Acquisition of Ocean Joy Securities Limited","url":"https://stock-news.laohu8.com/highlight/detail?id=1134836974","media":"Tiger Newspress","summary":"BEIJING, Oct. 26, 2021 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (Nasdaq: TIGR) (“UP Fintech” o","content":"<p>BEIJING, Oct. 26, 2021 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (Nasdaq: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global investors, today announced that it has received approval from The Hong Kong Securities and Futures Commission (\"SFC\") to complete the acquisition of Ocean Joy Securities Limited (\"OJSL\"), a firm licensed with the SFC for Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) regulated activities.</p>\n<p>The Company expects to complete the acquisition and, upon completion, expects to start to operate its brokerage business in Hong Kong.</p>\n<p>About UP Fintech Holding Limited</p>\n<p>UP Fintech Holding Limited is a leading online brokerage firm focusing on global investors. The Company’s proprietary mobile and online trading platform enables investors to trade in equities and other financial instruments on multiple exchanges around the world. The Company offers innovative products and services as well as a superior user experience to customers through its “mobile first” strategy, which enables it to better serve and retain current customers as well as attract new ones. The Company offers customers comprehensive brokerage and value-added services, including trade order placement and execution, margin financing, IPO subscription, ESOP management, investor education, community discussion and customer support. The Company’s proprietary infrastructure and advanced technology are able to support trades across multiple currencies, multiple markets, multiple products, multiple execution venues and multiple clearinghouses.</p>\n<p>For more information on the Company, please visit：<a href=\"https://ir.itiger.com\" target=\"_blank\">https://ir.itiger.com</a></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>UP Fintech Holding Limited Receives Approval from SFC of Acquisition of Ocean Joy Securities Limited</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUP Fintech Holding Limited Receives Approval from SFC of Acquisition of Ocean Joy Securities Limited\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-10-26 16:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BEIJING, Oct. 26, 2021 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (Nasdaq: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global investors, today announced that it has received approval from The Hong Kong Securities and Futures Commission (\"SFC\") to complete the acquisition of Ocean Joy Securities Limited (\"OJSL\"), a firm licensed with the SFC for Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) regulated activities.</p>\n<p>The Company expects to complete the acquisition and, upon completion, expects to start to operate its brokerage business in Hong Kong.</p>\n<p>About UP Fintech Holding Limited</p>\n<p>UP Fintech Holding Limited is a leading online brokerage firm focusing on global investors. The Company’s proprietary mobile and online trading platform enables investors to trade in equities and other financial instruments on multiple exchanges around the world. The Company offers innovative products and services as well as a superior user experience to customers through its “mobile first” strategy, which enables it to better serve and retain current customers as well as attract new ones. The Company offers customers comprehensive brokerage and value-added services, including trade order placement and execution, margin financing, IPO subscription, ESOP management, investor education, community discussion and customer support. The Company’s proprietary infrastructure and advanced technology are able to support trades across multiple currencies, multiple markets, multiple products, multiple execution venues and multiple clearinghouses.</p>\n<p>For more information on the Company, please visit：<a href=\"https://ir.itiger.com\" target=\"_blank\">https://ir.itiger.com</a></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TIGR":"老虎证券"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134836974","content_text":"BEIJING, Oct. 26, 2021 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (Nasdaq: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global investors, today announced that it has received approval from The Hong Kong Securities and Futures Commission (\"SFC\") to complete the acquisition of Ocean Joy Securities Limited (\"OJSL\"), a firm licensed with the SFC for Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) regulated activities.\nThe Company expects to complete the acquisition and, upon completion, expects to start to operate its brokerage business in Hong Kong.\nAbout UP Fintech Holding Limited\nUP Fintech Holding Limited is a leading online brokerage firm focusing on global investors. The Company’s proprietary mobile and online trading platform enables investors to trade in equities and other financial instruments on multiple exchanges around the world. The Company offers innovative products and services as well as a superior user experience to customers through its “mobile first” strategy, which enables it to better serve and retain current customers as well as attract new ones. The Company offers customers comprehensive brokerage and value-added services, including trade order placement and execution, margin financing, IPO subscription, ESOP management, investor education, community discussion and customer support. The Company’s proprietary infrastructure and advanced technology are able to support trades across multiple currencies, multiple markets, multiple products, multiple execution venues and multiple clearinghouses.\nFor more information on the Company, please visit：https://ir.itiger.com","news_type":1},"isVote":1,"tweetType":1,"viewCount":1581,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":828265117,"gmtCreate":1633917515825,"gmtModify":1633917516224,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$</a>Yas finally took off ✈✈","listText":"<a href=\"https://laohu8.com/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$</a>Yas finally took off ✈✈","text":"$SINGAPORE AIRLINES LTD(C6L.SI)$Yas finally took off ✈✈","images":[{"img":"https://static.tigerbbs.com/c5d41216d07d5e79e1db1bad739d3d19","width":"1080","height":"3075"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/828265117","isVote":1,"tweetType":1,"viewCount":1831,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":821197066,"gmtCreate":1633703939099,"gmtModify":1633703940318,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>its finally recovering!&nbsp;","listText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>its finally recovering!&nbsp;","text":"$Alibaba(BABA)$its finally recovering!","images":[{"img":"https://static.tigerbbs.com/3c060a09b4ff84d2f08e1623597a93ee","width":"1080","height":"3268"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/821197066","isVote":1,"tweetType":1,"viewCount":1315,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":880376151,"gmtCreate":1631022959773,"gmtModify":1631885614861,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NFLX\">$Netflix(NFLX)$</a>Yay broke $600!! 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Can't wait for the restrictions to be lifted!!!&nbsp;[龇牙]&nbsp;[龇牙]&nbsp;[龇牙]&nbsp;","listText":"This is excellent!! Can't wait for the restrictions to be lifted!!!&nbsp;[龇牙]&nbsp;[龇牙]&nbsp;[龇牙]&nbsp;","text":"This is excellent!! Can't wait for the restrictions to be lifted!!! [龇牙] [龇牙] [龇牙]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/893220052","repostId":"1196354962","repostType":2,"isVote":1,"tweetType":1,"viewCount":1566,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":147221729,"gmtCreate":1626360298161,"gmtModify":1631890162053,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"Tesla and Nio!&nbsp;","listText":"Tesla and Nio!&nbsp;","text":"Tesla and Nio!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":17,"commentSize":12,"repostSize":0,"link":"https://laohu8.com/post/147221729","repostId":"1105855063","repostType":4,"isVote":1,"tweetType":1,"viewCount":891,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146588168,"gmtCreate":1626091056154,"gmtModify":1631890162057,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"Many countries are already getting infrastructure ready for EVs. Its gonna happen sooner rather than later!&nbsp;","listText":"Many countries are already getting infrastructure ready for EVs. Its gonna happen sooner rather than later!&nbsp;","text":"Many countries are already getting infrastructure ready for EVs. Its gonna happen sooner rather than later!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/146588168","repostId":"2150878425","repostType":4,"isVote":1,"tweetType":1,"viewCount":481,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151168880,"gmtCreate":1625067896940,"gmtModify":1631890162060,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"Would you subscribe to an \"ad-light\" version of Netflix? I wouldn't...","listText":"Would you subscribe to an \"ad-light\" version of Netflix? I wouldn't...","text":"Would you subscribe to an \"ad-light\" version of Netflix? I wouldn't...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/151168880","repostId":"1169769253","repostType":2,"isVote":1,"tweetType":1,"viewCount":600,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150701561,"gmtCreate":1624926534053,"gmtModify":1631886132162,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NFLX\">$Netflix(NFLX)$</a>💯","listText":"<a href=\"https://laohu8.com/S/NFLX\">$Netflix(NFLX)$</a>💯","text":"$Netflix(NFLX)$💯","images":[{"img":"https://static.tigerbbs.com/6961f21032a2d598a4d31f4a5569b4ec","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/150701561","isVote":1,"tweetType":1,"viewCount":407,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":128364032,"gmtCreate":1624502409426,"gmtModify":1631890162064,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>Yay finally!!&nbsp;","listText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>Yay finally!!&nbsp;","text":"$Tesla Motors(TSLA)$Yay finally!!","images":[{"img":"https://static.tigerbbs.com/84fa4b66d425bde7bccf57c0ff24476a","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/128364032","isVote":1,"tweetType":1,"viewCount":426,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":123231687,"gmtCreate":1624424031649,"gmtModify":1631890162069,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"Oh wow, 62%! That seems a bit much.","listText":"Oh wow, 62%! That seems a bit much.","text":"Oh wow, 62%! That seems a bit much.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/123231687","repostId":"1139503540","repostType":2,"isVote":1,"tweetType":1,"viewCount":381,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":147221729,"gmtCreate":1626360298161,"gmtModify":1631890162053,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"Tesla and Nio!&nbsp;","listText":"Tesla and Nio!&nbsp;","text":"Tesla and Nio!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":17,"commentSize":12,"repostSize":0,"link":"https://laohu8.com/post/147221729","repostId":"1105855063","repostType":4,"isVote":1,"tweetType":1,"viewCount":891,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":845824460,"gmtCreate":1636330081718,"gmtModify":1636330083288,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"Would like to see how the stock price reacts later today","listText":"Would like to see how the stock price reacts later today","text":"Would like to see how the stock price reacts later today","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/845824460","repostId":"2181723575","repostType":4,"isVote":1,"tweetType":1,"viewCount":2761,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":371701184,"gmtCreate":1618969192148,"gmtModify":1634289530752,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"😁😁","listText":"😁😁","text":"😁😁","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":9,"repostSize":0,"link":"https://laohu8.com/post/371701184","repostId":"2129826398","repostType":4,"repost":{"id":"2129826398","kind":"news","pubTimestamp":1618967680,"share":"https://www.laohu8.com/m/news/2129826398?lang=&edition=full","pubTime":"2021-04-21 09:14","market":"sg","language":"en","title":"DBS buys 13% stake in Shenzhen bank for $1.08 billion as it 'doubles down' on China's Greater Bay Area","url":"https://stock-news.laohu8.com/highlight/detail?id=2129826398","media":"The Straits Times","summary":"SINGAPORE - DBS Group has agreed to buy a 13 per cent stake in privately-owned Shenzhen Rural Commer","content":"<div>\n<p>SINGAPORE - DBS Group has agreed to buy a 13 per cent stake in privately-owned Shenzhen Rural Commercial Bank (SZRCB) for 5.29 billion yuan (S$1.08 billion), part of its plan to accelerate its ...</p>\n\n<a href=\"http://www.straitstimes.com/business/banking/dbs-buys-13-stake-in-shenzhen-bank-for-108-billion-as-it-doubles-down-on-chinas\">Web Link</a>\n\n</div>\n","source":"straits_highlight","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>DBS buys 13% stake in Shenzhen bank for $1.08 billion as it 'doubles down' on China's Greater Bay Area</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDBS buys 13% stake in Shenzhen bank for $1.08 billion as it 'doubles down' on China's Greater Bay Area\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-21 09:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/banking/dbs-buys-13-stake-in-shenzhen-bank-for-108-billion-as-it-doubles-down-on-chinas><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE - DBS Group has agreed to buy a 13 per cent stake in privately-owned Shenzhen Rural Commercial Bank (SZRCB) for 5.29 billion yuan (S$1.08 billion), part of its plan to accelerate its ...</p>\n\n<a href=\"http://www.straitstimes.com/business/banking/dbs-buys-13-stake-in-shenzhen-bank-for-108-billion-as-it-doubles-down-on-chinas\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D05.SI":"星展集团控股","00152":"深圳国际"},"source_url":"http://www.straitstimes.com/business/banking/dbs-buys-13-stake-in-shenzhen-bank-for-108-billion-as-it-doubles-down-on-chinas","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129826398","content_text":"SINGAPORE - DBS Group has agreed to buy a 13 per cent stake in privately-owned Shenzhen Rural Commercial Bank (SZRCB) for 5.29 billion yuan (S$1.08 billion), part of its plan to accelerate its expansion in China's Greater Bay Area.\nThe investment is also in line with the group's strategy of investing in its core markets. China is one of DBS' six core markets, together with Singapore, Indonesia, India, Hong Kong and Taiwan.\nDBS chief executive officer Piyush Gupta said: \"We see this as a highly complementary strategic partnership that will allow us to double down on the Greater Bay Area and leverage SZRCB's local network and know-how to deepen DBS' Greater Bay Area strategy.\n\"At the same time, we would be able to support the continued growth and digital transformation of SZRCB through our regional presence and digital capabilities.\"\nThe deal strategically positions DBS to increase its stake in the Shenzhen lender after China eased rules on foreign ownership in the financial services sector, the bank said in its statement on Tuesday (April 20).\nThe investment has been approved by the Monetary Authority of Singapore and the Shenzhen office of the China Banking and Insurance Regulatory Commission and is expected to be completed following approval by the China Securities Regulatory Commission.\nUpon the completion of the deal, DBS will become the largest shareholder in SZRCB and will have representation on the Chinese bank's board of directors.\nDBS said the investment will have less than 0.2 percentage points impact to the group's capital ratios, and is expected to be immediately accretive to earnings and return on equity (ROE).\nThe bank will acquire 1.35 billion new shares in SZRCB at 3.91 yuan per share, representing 1.01 times the book value per share of SZRCB as of end-December 2020. DBS said it intends to fund the investment using internal cash resources.\nSZRCB operates one of the largest bank branch networks in Shenzhen, where 210 of its 217 branches and over 2,100 self-service terminals are located.\nWith more than 5 million active retail customers and over 170,000 active corporate clients, SZRCB had 404 billion (S$82 billion) of deposits and 519 billion yuan of total assets at the end of last year.\nApproximately 40 per cent of its total loans are in the retail segment and the remaining 60 per cent in the corporate segment, largely to local small and medium enterprises.\nFor the year ended Dec 31, 2020, the Shenzhen bank generated 4.8 billion yuan in net profit after tax. DBS said SZRCB has a strong track record of profitability, achieving average ROE of over 17 per cent since its establishment in 2005.\nOn Tuesday, Reuters reported that DBS was among potential bidders for parts of Citigroup's consumer business in Asia.\nAt its virtual annual general meeting last month, DBS said it was looking to double down its presence in China and India as part of efforts to expand into the wider region.\nIn November last year, DBS completed its takeover of cash-strapped Lakshmi Vilas Bank (LVB) in India, which added 550 branches and 900-plus ATMs to its network in the country.\nSaid Mr Gupta in Tuesday's statement: \"Our ability to execute another strategic transaction shortly after amalgamating LVB in India, is testament to our ability to be nimble and grow, as we leverage on our strong capital position.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":121,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":828265117,"gmtCreate":1633917515825,"gmtModify":1633917516224,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$</a>Yas finally took off ✈✈","listText":"<a href=\"https://laohu8.com/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$</a>Yas finally took off ✈✈","text":"$SINGAPORE AIRLINES LTD(C6L.SI)$Yas finally took off ✈✈","images":[{"img":"https://static.tigerbbs.com/c5d41216d07d5e79e1db1bad739d3d19","width":"1080","height":"3075"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/828265117","isVote":1,"tweetType":1,"viewCount":1831,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":603742398,"gmtCreate":1638456322468,"gmtModify":1638456322909,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"Yay go Grab!! Frequent user here","listText":"Yay go Grab!! Frequent user here","text":"Yay go Grab!! Frequent user here","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/603742398","repostId":"1122539371","repostType":4,"repost":{"id":"1122539371","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":1638455400,"share":"https://www.laohu8.com/m/news/1122539371?lang=&edition=full","pubTime":"2021-12-02 22:30","market":"us","language":"en","title":"Singapore ride-hailing firm Grab spikes 18% on its first day of trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1122539371","media":"Tiger Newspress","summary":"Singapore ride-hailing firm Grab spikes 18% on its first day of trading.\n\nGrab, Southeast Asia's big","content":"<p>Singapore ride-hailing firm Grab spikes 18% on its first day of trading.</p>\n<p><img src=\"https://static.tigerbbs.com/61b479a07f5b168e94fcce83e7ef2cc5\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p>\n<p><a href=\"https://laohu8.com/S/GRAB\">Grab</a>, Southeast Asia's biggest ride-hailing and food delivery firm,lists&nbsp;on Nasdaq on Thursday following its $40 billion merger with special-purpose acquisition company (SPAC) <a href=\"https://laohu8.com/S/AGC\">Altimeter Growth Corp</a>.</p>\n<p>The deal is the world's biggest ever by a blank-check company and the biggest U.S. listing by a Southeast Asian firm.</p>\n<p><b>WHAT IS GRAB?</b></p>\n<p>Founded in 2012, Grab is Southeast Asia's largest startup, valued at just over $16 billion last year. It launched as a Malaysian taxi-hailing service and now calls itself a \"superapp\" after expanding into food, grocery and parcel delivery and to digital payments, lending and other financial services.</p>\n<p>Singapore-headquartered Grab operates across 465 cities in eight countries in the region, counting Indonesia as its biggest. Its venture with Singapore Telecommunications Ltd(STEL.SI)was awarded a digital bank license in Singapore last year.</p>\n<p>Grab gained the global spotlight in 2018 when it bought the Southeast Asian business of Uber Technologies Inc(UBER.N)in return for the U.S. ride-hailing company taking a stake in Grab.</p>\n<p>With some 8,000 employees, Grab has tech centres in Singapore, Beijing, Seattle, Bengaluru and other places.</p>\n<p><b>WHO'S BACKING GRAB?</b></p>\n<p>Early investors include Japan's SoftBank, China's Didi Chuxing and venture capital firms Vertex Ventures Holdings and GGV Capital.</p>\n<p>Grab raised about $12 billion ahead of the listing. Investors range from venture and hedge funds to automobile companies and other ride-hailing firms, and include:</p>\n<p>Uber, Booking Holdings Inc, China Investment Corp, Coatue Management, Hillhouse Capital, Hyundai Motor Co, Invesco Ltd, Microsoft Corp, Ping An Capital Co, Toyota Motor Corp, and Yamaha Motor Co..</p>\n<p>In the SPAC deal, about three dozen investors came on board including Temasek Holdings, BlackRock, Fidelity International, Abu Dhabi's Mubadala and Malaysia's Permodalan Nasional Bhd and Altimeter Capital.</p>\n<p><b>WHO'S THE COMPETITION?</b></p>\n<p>GoTo Group, formed by the merger of Indonesian ride-hailing and deliveries firm Gojek and local e-commerce leader Tokopedia is Grab's biggest competitor.</p>\n<p>Singapore-based Sea Ltd, which has e-commerce, gaming and a digital payments business, and is also muscling into food delivery and financial services in Indonesia. Sea has also won a digital bank license in Singapore.</p>\n<p>Grab is likely to increasingly start competing with banks as it expands its financial services.</p>\n<p>It also competes with such delivery companies as Foodpanda and Deliveroo PLC.</p>\n<p><b>WHAT ARE GRAB'S FINANCIALS?</b></p>\n<p>Grab's third-quarter revenue fell 9% from a year earlier to $157 million. Its adjusted loss before interest, taxes, depreciation and amortization (EBITDA) widened 66% to $212 million. Gross merchandise value hit a quarterly record of $4 billion.</p>\n<p>The delivery business has emerged as the biggest segment as more consumers shifted to online food delivery during the pandemic.</p>\n<p>Grab forecasts it will turn profitable on an EBITDA basis in 2023.</p>\n<p><b>WHO ARE ITS KEY EXECUTIVES?</b></p>\n<p>Anthony Tan, 39, is the company's CEO and co-founder.</p>\n<p>Fellow co-founder Tan Hooi Ling, 38, runs Grab's operations, including corporate strategy and technology.</p>\n<p>Both Tans, unrelated, met at Harvard Business School, where they conceived the idea of the ride-hailing company.</p>\n<p>Grab's president, Ming Maa, is a prominent dealmaker from SoftBank, who joined the company in 2016.</p>\n<p><b>Here are some milestones for the Singapore-headquartered company:</b></p>\n<p>2011: Anthony Tan and co-founder Tan Hooi Ling create Grab in a Harvard Business School venture competition plan</p>\n<p>2012: Launches as MyTeksi taxi booking service in Malaysia</p>\n<p>2013: Expands to the Philippines, Thailand, Singapore as GrabTaxi</p>\n<p>April 2014: Announces Series A funding</p>\n<p>June 2014: Launches in Indonesia</p>\n<p>December 2014: Japan's SoftBank&nbsp;invests $250 million in a funding round</p>\n<p>August 2015: Becomes a unicorn after $350 million funding round</p>\n<p>December 2015: Announces a strategic partnership with other ride-hailing companies Ola, Didi, and Lyft that competed against Uber</p>\n<p>January 2016: Rebrands to Grab from GrabTaxi to reflect expanding services</p>\n<p>November 2017: Launches GrabPay payments service for third-party transactions</p>\n<p>March 2018: Announces acquisition of Uber's business in Southeast Asia through an all-share deal, Uber becomes a strategic shareholder</p>\n<p>May 2018: Pilots GrabFood delivery service</p>\n<p>July 2018: Unveils \"superapp\" strategy that provides a range of services under one platform</p>\n<p>March 2019: Reaches valuation of about $14 billion</p>\n<p>December 2020: Wins digital full bank license in Singapore in a partnership with Singapore Telecommunications Ltd</p>\n<p>April 2021: Agrees to list on Nasdaq through a merger with special-purpose acquisition company Altimeter Growth Corp&nbsp;securing a valuation of nearly $40 billion</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>Singapore ride-hailing firm Grab spikes 18% on its first day of trading</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore ride-hailing firm Grab spikes 18% on its first day of trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-12-02 22:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Singapore ride-hailing firm Grab spikes 18% on its first day of trading.</p>\n<p><img src=\"https://static.tigerbbs.com/61b479a07f5b168e94fcce83e7ef2cc5\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p>\n<p><a href=\"https://laohu8.com/S/GRAB\">Grab</a>, Southeast Asia's biggest ride-hailing and food delivery firm,lists&nbsp;on Nasdaq on Thursday following its $40 billion merger with special-purpose acquisition company (SPAC) <a href=\"https://laohu8.com/S/AGC\">Altimeter Growth Corp</a>.</p>\n<p>The deal is the world's biggest ever by a blank-check company and the biggest U.S. listing by a Southeast Asian firm.</p>\n<p><b>WHAT IS GRAB?</b></p>\n<p>Founded in 2012, Grab is Southeast Asia's largest startup, valued at just over $16 billion last year. It launched as a Malaysian taxi-hailing service and now calls itself a \"superapp\" after expanding into food, grocery and parcel delivery and to digital payments, lending and other financial services.</p>\n<p>Singapore-headquartered Grab operates across 465 cities in eight countries in the region, counting Indonesia as its biggest. Its venture with Singapore Telecommunications Ltd(STEL.SI)was awarded a digital bank license in Singapore last year.</p>\n<p>Grab gained the global spotlight in 2018 when it bought the Southeast Asian business of Uber Technologies Inc(UBER.N)in return for the U.S. ride-hailing company taking a stake in Grab.</p>\n<p>With some 8,000 employees, Grab has tech centres in Singapore, Beijing, Seattle, Bengaluru and other places.</p>\n<p><b>WHO'S BACKING GRAB?</b></p>\n<p>Early investors include Japan's SoftBank, China's Didi Chuxing and venture capital firms Vertex Ventures Holdings and GGV Capital.</p>\n<p>Grab raised about $12 billion ahead of the listing. Investors range from venture and hedge funds to automobile companies and other ride-hailing firms, and include:</p>\n<p>Uber, Booking Holdings Inc, China Investment Corp, Coatue Management, Hillhouse Capital, Hyundai Motor Co, Invesco Ltd, Microsoft Corp, Ping An Capital Co, Toyota Motor Corp, and Yamaha Motor Co..</p>\n<p>In the SPAC deal, about three dozen investors came on board including Temasek Holdings, BlackRock, Fidelity International, Abu Dhabi's Mubadala and Malaysia's Permodalan Nasional Bhd and Altimeter Capital.</p>\n<p><b>WHO'S THE COMPETITION?</b></p>\n<p>GoTo Group, formed by the merger of Indonesian ride-hailing and deliveries firm Gojek and local e-commerce leader Tokopedia is Grab's biggest competitor.</p>\n<p>Singapore-based Sea Ltd, which has e-commerce, gaming and a digital payments business, and is also muscling into food delivery and financial services in Indonesia. Sea has also won a digital bank license in Singapore.</p>\n<p>Grab is likely to increasingly start competing with banks as it expands its financial services.</p>\n<p>It also competes with such delivery companies as Foodpanda and Deliveroo PLC.</p>\n<p><b>WHAT ARE GRAB'S FINANCIALS?</b></p>\n<p>Grab's third-quarter revenue fell 9% from a year earlier to $157 million. Its adjusted loss before interest, taxes, depreciation and amortization (EBITDA) widened 66% to $212 million. Gross merchandise value hit a quarterly record of $4 billion.</p>\n<p>The delivery business has emerged as the biggest segment as more consumers shifted to online food delivery during the pandemic.</p>\n<p>Grab forecasts it will turn profitable on an EBITDA basis in 2023.</p>\n<p><b>WHO ARE ITS KEY EXECUTIVES?</b></p>\n<p>Anthony Tan, 39, is the company's CEO and co-founder.</p>\n<p>Fellow co-founder Tan Hooi Ling, 38, runs Grab's operations, including corporate strategy and technology.</p>\n<p>Both Tans, unrelated, met at Harvard Business School, where they conceived the idea of the ride-hailing company.</p>\n<p>Grab's president, Ming Maa, is a prominent dealmaker from SoftBank, who joined the company in 2016.</p>\n<p><b>Here are some milestones for the Singapore-headquartered company:</b></p>\n<p>2011: Anthony Tan and co-founder Tan Hooi Ling create Grab in a Harvard Business School venture competition plan</p>\n<p>2012: Launches as MyTeksi taxi booking service in Malaysia</p>\n<p>2013: Expands to the Philippines, Thailand, Singapore as GrabTaxi</p>\n<p>April 2014: Announces Series A funding</p>\n<p>June 2014: Launches in Indonesia</p>\n<p>December 2014: Japan's SoftBank&nbsp;invests $250 million in a funding round</p>\n<p>August 2015: Becomes a unicorn after $350 million funding round</p>\n<p>December 2015: Announces a strategic partnership with other ride-hailing companies Ola, Didi, and Lyft that competed against Uber</p>\n<p>January 2016: Rebrands to Grab from GrabTaxi to reflect expanding services</p>\n<p>November 2017: Launches GrabPay payments service for third-party transactions</p>\n<p>March 2018: Announces acquisition of Uber's business in Southeast Asia through an all-share deal, Uber becomes a strategic shareholder</p>\n<p>May 2018: Pilots GrabFood delivery service</p>\n<p>July 2018: Unveils \"superapp\" strategy that provides a range of services under one platform</p>\n<p>March 2019: Reaches valuation of about $14 billion</p>\n<p>December 2020: Wins digital full bank license in Singapore in a partnership with Singapore Telecommunications Ltd</p>\n<p>April 2021: Agrees to list on Nasdaq through a merger with special-purpose acquisition company Altimeter Growth Corp&nbsp;securing a valuation of nearly $40 billion</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GRAB":"Grab Holdings"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122539371","content_text":"Singapore ride-hailing firm Grab spikes 18% on its first day of trading.\n\nGrab, Southeast Asia's biggest ride-hailing and food delivery firm,lists on Nasdaq on Thursday following its $40 billion merger with special-purpose acquisition company (SPAC) Altimeter Growth Corp.\nThe deal is the world's biggest ever by a blank-check company and the biggest U.S. listing by a Southeast Asian firm.\nWHAT IS GRAB?\nFounded in 2012, Grab is Southeast Asia's largest startup, valued at just over $16 billion last year. It launched as a Malaysian taxi-hailing service and now calls itself a \"superapp\" after expanding into food, grocery and parcel delivery and to digital payments, lending and other financial services.\nSingapore-headquartered Grab operates across 465 cities in eight countries in the region, counting Indonesia as its biggest. Its venture with Singapore Telecommunications Ltd(STEL.SI)was awarded a digital bank license in Singapore last year.\nGrab gained the global spotlight in 2018 when it bought the Southeast Asian business of Uber Technologies Inc(UBER.N)in return for the U.S. ride-hailing company taking a stake in Grab.\nWith some 8,000 employees, Grab has tech centres in Singapore, Beijing, Seattle, Bengaluru and other places.\nWHO'S BACKING GRAB?\nEarly investors include Japan's SoftBank, China's Didi Chuxing and venture capital firms Vertex Ventures Holdings and GGV Capital.\nGrab raised about $12 billion ahead of the listing. Investors range from venture and hedge funds to automobile companies and other ride-hailing firms, and include:\nUber, Booking Holdings Inc, China Investment Corp, Coatue Management, Hillhouse Capital, Hyundai Motor Co, Invesco Ltd, Microsoft Corp, Ping An Capital Co, Toyota Motor Corp, and Yamaha Motor Co..\nIn the SPAC deal, about three dozen investors came on board including Temasek Holdings, BlackRock, Fidelity International, Abu Dhabi's Mubadala and Malaysia's Permodalan Nasional Bhd and Altimeter Capital.\nWHO'S THE COMPETITION?\nGoTo Group, formed by the merger of Indonesian ride-hailing and deliveries firm Gojek and local e-commerce leader Tokopedia is Grab's biggest competitor.\nSingapore-based Sea Ltd, which has e-commerce, gaming and a digital payments business, and is also muscling into food delivery and financial services in Indonesia. Sea has also won a digital bank license in Singapore.\nGrab is likely to increasingly start competing with banks as it expands its financial services.\nIt also competes with such delivery companies as Foodpanda and Deliveroo PLC.\nWHAT ARE GRAB'S FINANCIALS?\nGrab's third-quarter revenue fell 9% from a year earlier to $157 million. Its adjusted loss before interest, taxes, depreciation and amortization (EBITDA) widened 66% to $212 million. Gross merchandise value hit a quarterly record of $4 billion.\nThe delivery business has emerged as the biggest segment as more consumers shifted to online food delivery during the pandemic.\nGrab forecasts it will turn profitable on an EBITDA basis in 2023.\nWHO ARE ITS KEY EXECUTIVES?\nAnthony Tan, 39, is the company's CEO and co-founder.\nFellow co-founder Tan Hooi Ling, 38, runs Grab's operations, including corporate strategy and technology.\nBoth Tans, unrelated, met at Harvard Business School, where they conceived the idea of the ride-hailing company.\nGrab's president, Ming Maa, is a prominent dealmaker from SoftBank, who joined the company in 2016.\nHere are some milestones for the Singapore-headquartered company:\n2011: Anthony Tan and co-founder Tan Hooi Ling create Grab in a Harvard Business School venture competition plan\n2012: Launches as MyTeksi taxi booking service in Malaysia\n2013: Expands to the Philippines, Thailand, Singapore as GrabTaxi\nApril 2014: Announces Series A funding\nJune 2014: Launches in Indonesia\nDecember 2014: Japan's SoftBank invests $250 million in a funding round\nAugust 2015: Becomes a unicorn after $350 million funding round\nDecember 2015: Announces a strategic partnership with other ride-hailing companies Ola, Didi, and Lyft that competed against Uber\nJanuary 2016: Rebrands to Grab from GrabTaxi to reflect expanding services\nNovember 2017: Launches GrabPay payments service for third-party transactions\nMarch 2018: Announces acquisition of Uber's business in Southeast Asia through an all-share deal, Uber becomes a strategic shareholder\nMay 2018: Pilots GrabFood delivery service\nJuly 2018: Unveils \"superapp\" strategy that provides a range of services under one platform\nMarch 2019: Reaches valuation of about $14 billion\nDecember 2020: Wins digital full bank license in Singapore in a partnership with Singapore Telecommunications Ltd\nApril 2021: Agrees to list on Nasdaq through a merger with special-purpose acquisition company Altimeter Growth Corp securing a valuation of nearly $40 billion","news_type":1},"isVote":1,"tweetType":1,"viewCount":1645,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":349893365,"gmtCreate":1617585550557,"gmtModify":1631887080114,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/D05.SI\">$DBS GROUP HOLDINGS LTD(D05.SI)$</a>DBS to focus on China and India for growth, as mentioned during the&nbsp;AGM. 👍🏻","listText":"<a href=\"https://laohu8.com/S/D05.SI\">$DBS GROUP HOLDINGS LTD(D05.SI)$</a>DBS to focus on China and India for growth, as mentioned during the&nbsp;AGM. 👍🏻","text":"$DBS GROUP HOLDINGS LTD(D05.SI)$DBS to focus on China and India for growth, as mentioned during the AGM. 👍🏻","images":[{"img":"https://static.tigerbbs.com/fd31ddd681e008b0b1064f9d79a7d1ef","width":"1080","height":"2220"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/349893365","isVote":1,"tweetType":1,"viewCount":574,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":161477309,"gmtCreate":1623939475601,"gmtModify":1631890162074,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"Valuation should always matter&nbsp;","listText":"Valuation should always matter&nbsp;","text":"Valuation should always matter","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/161477309","repostId":"1117650695","repostType":2,"isVote":1,"tweetType":1,"viewCount":532,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354147648,"gmtCreate":1617154354884,"gmtModify":1634522376107,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"Go Xiaomi! Vested and going longgg","listText":"Go Xiaomi! Vested and going longgg","text":"Go Xiaomi! Vested and going longgg","images":[{"img":"https://static.tigerbbs.com/60fa3e4e402159826556259d67a3f18c","width":"1080","height":"2629"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/354147648","isVote":1,"tweetType":1,"viewCount":325,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":361244013,"gmtCreate":1614242934532,"gmtModify":1631885603247,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$</a> Really happy with SIA today hehe :))","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$</a> Really happy with SIA today hehe :))","text":"$SINGAPORE AIRLINES LTD(C6L.SI)$ Really happy with SIA today hehe :))","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/361244013","isVote":1,"tweetType":1,"viewCount":1026,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":842869892,"gmtCreate":1636162687283,"gmtModify":1636162885940,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"MANAMANA 😂👍","listText":"MANAMANA 😂👍","text":"MANAMANA 😂👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/842869892","repostId":"2181748650","repostType":4,"isVote":1,"tweetType":1,"viewCount":1252,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":852362067,"gmtCreate":1635243930452,"gmtModify":1635243931848,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"Happy&nbsp;[开心]&nbsp;","listText":"Happy&nbsp;[开心]&nbsp;","text":"Happy [开心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/852362067","repostId":"1134836974","repostType":4,"repost":{"id":"1134836974","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":1635235567,"share":"https://www.laohu8.com/m/news/1134836974?lang=&edition=full","pubTime":"2021-10-26 16:06","market":"us","language":"en","title":"UP Fintech Holding Limited Receives Approval from SFC of Acquisition of Ocean Joy Securities Limited","url":"https://stock-news.laohu8.com/highlight/detail?id=1134836974","media":"Tiger Newspress","summary":"BEIJING, Oct. 26, 2021 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (Nasdaq: TIGR) (“UP Fintech” o","content":"<p>BEIJING, Oct. 26, 2021 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (Nasdaq: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global investors, today announced that it has received approval from The Hong Kong Securities and Futures Commission (\"SFC\") to complete the acquisition of Ocean Joy Securities Limited (\"OJSL\"), a firm licensed with the SFC for Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) regulated activities.</p>\n<p>The Company expects to complete the acquisition and, upon completion, expects to start to operate its brokerage business in Hong Kong.</p>\n<p>About UP Fintech Holding Limited</p>\n<p>UP Fintech Holding Limited is a leading online brokerage firm focusing on global investors. The Company’s proprietary mobile and online trading platform enables investors to trade in equities and other financial instruments on multiple exchanges around the world. The Company offers innovative products and services as well as a superior user experience to customers through its “mobile first” strategy, which enables it to better serve and retain current customers as well as attract new ones. The Company offers customers comprehensive brokerage and value-added services, including trade order placement and execution, margin financing, IPO subscription, ESOP management, investor education, community discussion and customer support. The Company’s proprietary infrastructure and advanced technology are able to support trades across multiple currencies, multiple markets, multiple products, multiple execution venues and multiple clearinghouses.</p>\n<p>For more information on the Company, please visit：<a href=\"https://ir.itiger.com\" target=\"_blank\">https://ir.itiger.com</a></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>UP Fintech Holding Limited Receives Approval from SFC of Acquisition of Ocean Joy Securities Limited</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUP Fintech Holding Limited Receives Approval from SFC of Acquisition of Ocean Joy Securities Limited\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-10-26 16:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BEIJING, Oct. 26, 2021 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (Nasdaq: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global investors, today announced that it has received approval from The Hong Kong Securities and Futures Commission (\"SFC\") to complete the acquisition of Ocean Joy Securities Limited (\"OJSL\"), a firm licensed with the SFC for Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) regulated activities.</p>\n<p>The Company expects to complete the acquisition and, upon completion, expects to start to operate its brokerage business in Hong Kong.</p>\n<p>About UP Fintech Holding Limited</p>\n<p>UP Fintech Holding Limited is a leading online brokerage firm focusing on global investors. The Company’s proprietary mobile and online trading platform enables investors to trade in equities and other financial instruments on multiple exchanges around the world. The Company offers innovative products and services as well as a superior user experience to customers through its “mobile first” strategy, which enables it to better serve and retain current customers as well as attract new ones. The Company offers customers comprehensive brokerage and value-added services, including trade order placement and execution, margin financing, IPO subscription, ESOP management, investor education, community discussion and customer support. The Company’s proprietary infrastructure and advanced technology are able to support trades across multiple currencies, multiple markets, multiple products, multiple execution venues and multiple clearinghouses.</p>\n<p>For more information on the Company, please visit：<a href=\"https://ir.itiger.com\" target=\"_blank\">https://ir.itiger.com</a></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TIGR":"老虎证券"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134836974","content_text":"BEIJING, Oct. 26, 2021 (GLOBE NEWSWIRE) -- UP Fintech Holding Limited (Nasdaq: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focusing on global investors, today announced that it has received approval from The Hong Kong Securities and Futures Commission (\"SFC\") to complete the acquisition of Ocean Joy Securities Limited (\"OJSL\"), a firm licensed with the SFC for Type I (Dealing in Securities) and Type II (Dealing in Futures Contracts) regulated activities.\nThe Company expects to complete the acquisition and, upon completion, expects to start to operate its brokerage business in Hong Kong.\nAbout UP Fintech Holding Limited\nUP Fintech Holding Limited is a leading online brokerage firm focusing on global investors. The Company’s proprietary mobile and online trading platform enables investors to trade in equities and other financial instruments on multiple exchanges around the world. The Company offers innovative products and services as well as a superior user experience to customers through its “mobile first” strategy, which enables it to better serve and retain current customers as well as attract new ones. The Company offers customers comprehensive brokerage and value-added services, including trade order placement and execution, margin financing, IPO subscription, ESOP management, investor education, community discussion and customer support. The Company’s proprietary infrastructure and advanced technology are able to support trades across multiple currencies, multiple markets, multiple products, multiple execution venues and multiple clearinghouses.\nFor more information on the Company, please visit：https://ir.itiger.com","news_type":1},"isVote":1,"tweetType":1,"viewCount":1581,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":837238051,"gmtCreate":1629891539373,"gmtModify":1631890162049,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"Very nice!&nbsp;","listText":"Very nice!&nbsp;","text":"Very nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/837238051","repostId":"1191562313","repostType":4,"isVote":1,"tweetType":1,"viewCount":896,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105297164,"gmtCreate":1620304628258,"gmtModify":1634206242235,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"Opportunity!!&nbsp;","listText":"Opportunity!!&nbsp;","text":"Opportunity!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":7,"repostSize":0,"link":"https://laohu8.com/post/105297164","repostId":"1166115943","repostType":4,"repost":{"id":"1166115943","kind":"news","pubTimestamp":1620284644,"share":"https://www.laohu8.com/m/news/1166115943?lang=&edition=full","pubTime":"2021-05-06 15:04","market":"us","language":"en","title":"Opportunity Knocks As Nio Stock Is in a Slump","url":"https://stock-news.laohu8.com/highlight/detail?id=1166115943","media":"investorplace","summary":"Chinese electric car makerNio saw its shares appreciate in value spectacularly in 2020. Nio ended the year at $48.38, for an eye-popping 1,080% gain. However, 2021 hasn’t been so rosy for Nio stock.After climbing to a $62.84 close on Feb. 9, NIO stock has slumped. Now trading below $38, NIO is down 30% from the start of the year, and off its February all-time high by 40%.The protracted slide has scared off nervous investors, while others see the dip as a golden opportunity to grab shares on the ","content":"<p>Chinese electric car maker<b>Nio</b>(NYSE:<b><u>NIO</u></b>) saw its shares appreciate in value spectacularly in 2020. Nio ended the year at $48.38, for an eye-popping 1,080% gain. However, 2021 hasn’t been so rosy for Nio stock.</p>\n<p>After climbing to a $62.84 close on Feb. 9, NIO stock has slumped. Now trading below $38, NIO is down 30% from the start of the year, and off its February all-time high by 40%.</p>\n<p><b>Ouch.</b></p>\n<p>The protracted slide has scared off nervous investors, while others see the dip as a golden opportunity to grab shares on the cheap.</p>\n<p>Which is it, time to make a move, or time to take a pass on NIO stock? I’m firmly in the former camp. NIO is an ‘A’-rated stock in<i>Portfolio Grader</i>and it’s is a hot company in an even hotter market.</p>\n<p>It’s facing challenges at the moment, but those are speed bumps. NIO has also been hit by abroad selloff of EV stocks. I think the big picture shows this dip offers a fantastic buying opportunity for anyone who wants to add EVs to their portfolio.</p>\n<p><b>Here’s why.</b></p>\n<p>Nio Is One of the Largest Chinese EV Makers</p>\n<p>Founded in 2014, Nio is one of China’s largest EV makers. It’s established, it has a wide range of premium EVs, including a new sedan to complement its lineup of crossovers and SUVs, and its factory is humming. Several days ago, the company announced itdelivered 7,102 vehicles in the month of April.</p>\n<p>That’s a 125.1% increase over deliveries for April, 2020.</p>\n<p>Nio also has an offering that other EV makers can’t match. Last August,the company launched Battery as a Service, or BaaS. This service allows Nio owners to pay a monthly lease for their EV’s battery instead of buying it outright. Doing so offers numerous advantages, including a lower EV purchase price, and the ability to upgrade the battery if higher capacity is needed.</p>\n<p>In addition, Nio owners who subscribe to BaaS don’t have to worry about whether their home has available EV chargers — a real concern in megacities where many people live in large apartment complexes. Instead, they can drive to a convenient station and swap out their depleted battery for a fully charged one.</p>\n<p><b>China Is The World’s Largest Car Market</b></p>\n<p>Another reason to love Nio? We tend to think of the U.S. when it comes to automobile production and sales. However, China has held the title of world’s largest car market for more than a decade.</p>\n<p>In 2020, there were 14.46 million new vehicles sold in the U.S., butChina notched 19.79 million new car sales. In addition, the Chinese auto market has far more runway for growth. In the U.S., there are currently over 800 cars for every 1,000 inhabitants. In China, that number is less than 200 for every 1,000 inhabitants.</p>\n<p>China is also an enthusiastic adopter of EVs. In 2020, 1.3 million EVs were sold in the country. Growth was modest at 8% — changing government subsidy programs had a negative effect — but that still represented 42% of global EV sales. In comparison, just 2.4% of vehicles sold in the U.S. last year were EVs.</p>\n<p>However, projections have the Chinese auto market returning to growth in 2021, after a year where the pandemic put a damper on the market. A report published in February putsChina on track to see a 50% increase in EV sales in 2021. Nio is going to capture a good chunk of that increase.</p>\n<p>That’s going to help push NIO stock out of its current funk.</p>\n<p><b>Some Challenges Still Weigh on NIO</b></p>\n<p>There are some challenges in 2021, of course. And these challenges have been part of the downward pressure on NIO stock. As I mentioned, after big growth last year, EV stocks in general have been in correction territory this year. There are concerns that globalchip shortages will constrain production of EV makers, including Nio. Competition is increasing. There is also the long-term threat that Chinese stocks like Nio may eventuallyface de-listing from American exchanges.</p>\n<p>It’s important to be aware of these issues, but I wouldn’t fixate on them. Most are surmountable and the de-listing threat is at least three years off.</p>\n<p><b>The Bottom Line on NIO Stock</b></p>\n<p>Nio is facing some challenges. But the positives far outweigh the negatives in this case. This is a company with huge growth momentum and I expect NIO stock will once again reflect that.</p>\n<p>Many analysts agree with me. The 19 investment analysts polled by<i>CNN Money</i>have NIO stock rated as a consensus “Buy” with a $58.98 median price target. That’s around 56% upside — if you make a move now, before NIO starts to recover.</p>","source":"lsy1606302653667","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>Opportunity Knocks As Nio Stock Is in a Slump</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOpportunity Knocks As Nio Stock Is in a Slump\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 15:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/05/opportunity-knocks-as-nio-stock-is-in-a-slump/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese electric car makerNio(NYSE:NIO) saw its shares appreciate in value spectacularly in 2020. Nio ended the year at $48.38, for an eye-popping 1,080% gain. However, 2021 hasn’t been so rosy for ...</p>\n\n<a href=\"https://investorplace.com/2021/05/opportunity-knocks-as-nio-stock-is-in-a-slump/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://investorplace.com/2021/05/opportunity-knocks-as-nio-stock-is-in-a-slump/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166115943","content_text":"Chinese electric car makerNio(NYSE:NIO) saw its shares appreciate in value spectacularly in 2020. Nio ended the year at $48.38, for an eye-popping 1,080% gain. However, 2021 hasn’t been so rosy for Nio stock.\nAfter climbing to a $62.84 close on Feb. 9, NIO stock has slumped. Now trading below $38, NIO is down 30% from the start of the year, and off its February all-time high by 40%.\nOuch.\nThe protracted slide has scared off nervous investors, while others see the dip as a golden opportunity to grab shares on the cheap.\nWhich is it, time to make a move, or time to take a pass on NIO stock? I’m firmly in the former camp. NIO is an ‘A’-rated stock inPortfolio Graderand it’s is a hot company in an even hotter market.\nIt’s facing challenges at the moment, but those are speed bumps. NIO has also been hit by abroad selloff of EV stocks. I think the big picture shows this dip offers a fantastic buying opportunity for anyone who wants to add EVs to their portfolio.\nHere’s why.\nNio Is One of the Largest Chinese EV Makers\nFounded in 2014, Nio is one of China’s largest EV makers. It’s established, it has a wide range of premium EVs, including a new sedan to complement its lineup of crossovers and SUVs, and its factory is humming. Several days ago, the company announced itdelivered 7,102 vehicles in the month of April.\nThat’s a 125.1% increase over deliveries for April, 2020.\nNio also has an offering that other EV makers can’t match. Last August,the company launched Battery as a Service, or BaaS. This service allows Nio owners to pay a monthly lease for their EV’s battery instead of buying it outright. Doing so offers numerous advantages, including a lower EV purchase price, and the ability to upgrade the battery if higher capacity is needed.\nIn addition, Nio owners who subscribe to BaaS don’t have to worry about whether their home has available EV chargers — a real concern in megacities where many people live in large apartment complexes. Instead, they can drive to a convenient station and swap out their depleted battery for a fully charged one.\nChina Is The World’s Largest Car Market\nAnother reason to love Nio? We tend to think of the U.S. when it comes to automobile production and sales. However, China has held the title of world’s largest car market for more than a decade.\nIn 2020, there were 14.46 million new vehicles sold in the U.S., butChina notched 19.79 million new car sales. In addition, the Chinese auto market has far more runway for growth. In the U.S., there are currently over 800 cars for every 1,000 inhabitants. In China, that number is less than 200 for every 1,000 inhabitants.\nChina is also an enthusiastic adopter of EVs. In 2020, 1.3 million EVs were sold in the country. Growth was modest at 8% — changing government subsidy programs had a negative effect — but that still represented 42% of global EV sales. In comparison, just 2.4% of vehicles sold in the U.S. last year were EVs.\nHowever, projections have the Chinese auto market returning to growth in 2021, after a year where the pandemic put a damper on the market. A report published in February putsChina on track to see a 50% increase in EV sales in 2021. Nio is going to capture a good chunk of that increase.\nThat’s going to help push NIO stock out of its current funk.\nSome Challenges Still Weigh on NIO\nThere are some challenges in 2021, of course. And these challenges have been part of the downward pressure on NIO stock. As I mentioned, after big growth last year, EV stocks in general have been in correction territory this year. There are concerns that globalchip shortages will constrain production of EV makers, including Nio. Competition is increasing. There is also the long-term threat that Chinese stocks like Nio may eventuallyface de-listing from American exchanges.\nIt’s important to be aware of these issues, but I wouldn’t fixate on them. Most are surmountable and the de-listing threat is at least three years off.\nThe Bottom Line on NIO Stock\nNio is facing some challenges. But the positives far outweigh the negatives in this case. This is a company with huge growth momentum and I expect NIO stock will once again reflect that.\nMany analysts agree with me. The 19 investment analysts polled byCNN Moneyhave NIO stock rated as a consensus “Buy” with a $58.98 median price target. That’s around 56% upside — if you make a move now, before NIO starts to recover.","news_type":1},"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":385591700,"gmtCreate":1613561047100,"gmtModify":1634553155388,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"EV is the future. Go XPeng","listText":"EV is the future. Go XPeng","text":"EV is the future. Go XPeng","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/385591700","repostId":"2112833386","repostType":4,"isVote":1,"tweetType":1,"viewCount":389,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880376151,"gmtCreate":1631022959773,"gmtModify":1631885614861,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NFLX\">$Netflix(NFLX)$</a>Yay broke $600!! 🥳🥳","listText":"<a href=\"https://laohu8.com/S/NFLX\">$Netflix(NFLX)$</a>Yay broke $600!! 🥳🥳","text":"$Netflix(NFLX)$Yay broke $600!! 🥳🥳","images":[{"img":"https://static.tigerbbs.com/d5f8b48593eae10c202da6e6e2df19f8","width":"1080","height":"2172"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/880376151","isVote":1,"tweetType":1,"viewCount":1089,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":895817450,"gmtCreate":1628733115070,"gmtModify":1631890162048,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"Adding slowly because fundamentals are solid","listText":"Adding slowly because fundamentals are solid","text":"Adding slowly because fundamentals are solid","images":[{"img":"https://static.tigerbbs.com/fb0307bd116e0fc8d4650a95cf379b0e","width":"1080","height":"2146"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/895817450","isVote":1,"tweetType":1,"viewCount":289,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":372574816,"gmtCreate":1619230643235,"gmtModify":1631886139033,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"A very bullish POV of Netflix. Given the current trends, Netflix is possibly a good stock for long term holders. Not so sure about short term.","listText":"A very bullish POV of Netflix. Given the current trends, Netflix is possibly a good stock for long term holders. Not so sure about short term.","text":"A very bullish POV of Netflix. Given the current trends, Netflix is possibly a good stock for long term holders. Not so sure about short term.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/372574816","repostId":"1114827926","repostType":4,"isVote":1,"tweetType":1,"viewCount":512,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":821197066,"gmtCreate":1633703939099,"gmtModify":1633703940318,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>its finally recovering!&nbsp;","listText":"<a href=\"https://laohu8.com/S/BABA\">$Alibaba(BABA)$</a>its finally recovering!&nbsp;","text":"$Alibaba(BABA)$its finally recovering!","images":[{"img":"https://static.tigerbbs.com/3c060a09b4ff84d2f08e1623597a93ee","width":"1080","height":"3268"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/821197066","isVote":1,"tweetType":1,"viewCount":1315,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":151168880,"gmtCreate":1625067896940,"gmtModify":1631890162060,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"Would you subscribe to an \"ad-light\" version of Netflix? I wouldn't...","listText":"Would you subscribe to an \"ad-light\" version of Netflix? I wouldn't...","text":"Would you subscribe to an \"ad-light\" version of Netflix? I wouldn't...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/151168880","repostId":"1169769253","repostType":2,"isVote":1,"tweetType":1,"viewCount":600,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349935037,"gmtCreate":1617516428729,"gmtModify":1634520674835,"author":{"id":"3575460669959467","authorId":"3575460669959467","name":"missreenaa","avatar":"https://static.tigerbbs.com/aca8e1a20d7f8ea555aea51ad669de58","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575460669959467","authorIdStr":"3575460669959467"},"themes":[],"htmlText":"Which of the&nbsp;EVs would you add?","listText":"Which of the&nbsp;EVs would you add?","text":"Which of the EVs would you add?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/349935037","repostId":"2124754575","repostType":2,"isVote":1,"tweetType":1,"viewCount":382,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}