Author
Sebastien
Investment analyst at Gorgorus.
503 articles
Peloton's Growth Is Slowing, Cuts Prices
The fitness bike maker is expected to cut the price of its flagship bike as people head back to their local gyms and do less exercise at home. The company is also starting to shift its business mix back toward treadmill sales, which are less profitable than its cycles.
30 Aug 2021
Warby Parker's Direct Listing
Its net revenue grew to $ 394m in the most recent fiscal year yet its net loss widened to $ 56m. For comparison, its sales stood at $ 273m in 2018 and $ 273m in 2019 while its net loss reached $ 22.9m in 2018 and it broke even in 2019.
27 Aug 2021
China Passes Its Personal Information Protection Law
A previous draft of the law said that tech companies must ask for the user's consent to collect its data and users can withdraw at any time. On top of this, companies can't refuse to serve users that do not opt in unless the data is necessary for the provision of the product or the service.
24 Aug 2021
Upwork, The Work Enabler
Upwork is the first online marketplace with over $100 million in United States staffing revenue, thereby ranking it among the top United States (US) staffing and talent engagement firms.
22 Aug 2021
QT Group's Earnings: Strong Growth And Profitability
Qt’s net sales for the second quarter amounted to EUR 33,925 thousand (EUR 18,081 thousand), up 87.6 percent. License sales and consulting grew by 119.6 percent, while maintenance revenue increased by 5.8 percent.
20 Aug 2021
Roblox Acquires Guilded
Roblox announced Monday that it acquired Guilded, a company building a chat platform for gamers. While Discord has grown beyond the competitive gaming world, Guilded has stayed focussed on it and added features such as events planning and calendars.
19 Aug 2021
SoFi Plunges, A Buying Opportunity?
SoFi Technologies reported a net loss of $ 165m, down from last year's profit of $ 7.8m. However, adjusted net revenue grew 74% year over year as member growth accelerated to 113%.
16 Aug 2021
The Tech Boom Is Over?
Despite reporting stellar results for the second quarter, many tech companies were punished by investors for their more cautious forecasts. Major lockdown-winners are now warning that growth going forward might be pressured as consumers get back to their pre-pandemic lives.
15 Aug 2021
Naked Raises Fresh Cash From Naspers
South African insurtech startup, Naked, has raised $ 11m from Naspers. The platform was founded in 2018 by Alex Thomson, Sumarie Greybe and Ernest North.
10 Aug 2021
Fortinet, Cybersecurity Leader
Founded back in 2000 by Ken Xie and Michael Xie, and headquartered in Sunnyvale, California, Fortinet (NASDAQ: FTNT) has grown to become one of the largest automated cybersecurity solutions providers globally.
08 Aug 2021
Higher Interest Rates? Bullard Says "Yes"
St. Louis Federal Reserve Bank President James Bullard thinks that the pandemic may have pushed the U.S. into an era of stronger growth and higher productivity. In contrast with the last decade of low growth, low productivity and low inflation.
04 Aug 2021
Invest In China? Today?
The Chinese Government has taken extraordinary measures to keep its tech giants in check. It started with Alibaba and Jack Ma and has now expanded to Tencent, DiDi, Meituan and many other tech leaders.
01 Aug 2021
Robinhood, An Overlooked Opportunity?
The online brokerage began trading at $38 per share, the low end of its range which valued the company at about $32 billion. After dropping as much as 10% Robinhood's market capitalization closed down at $29 billion.
30 Jul 2021
JD, China's e-Commerce Champion
Founded in 1998 by Richard Liu and headquartered in Beijing, China, JD.com (NASDAQ:JD) has grown to become one of China’s largest online retailer. The company has over 500 million annual active customers and has over 1,000 warehouses
25 Jul 2021
Bubbles? What Grantham Is Seeing
Right now, Grantham believes that the stimulus, vaccine optimism and the ongoing economic recovery have enabled investors to buy some time. Yet, serious issues such as rising interest rates, sustained inflation, labor shortages and exploding commodity prices could trigger the next fall.
22 Jul 2021
China's Careful Boost
Friday the People's Bank of China announced that it would cut the reserve requirement ratio (RRR) for all banks by 50 basis points.
22 Jul 2021
Tinkoff, Just Getting Started
TCS Group Holding, which runs Russia's leading online bank (Tinkoff), has become an investor's darling and is considered as a technology and a banking play. Capitalising both on the post-pandemic recovery and on a faster digital transformation in Russia.
18 Jul 2021
Sinch, The "Smaller" Twilio... And A 127% Growth Leader
Sinch is fairly valued at 12 times sales after taking into account its growth rate and profitability. The company is using its profits to take over competitors and boost its growth rate.
16 Jul 2021
5.4% Inflation - Largest Jump In Almost 13 Years
In June, inflation continued its rapid ascend, rising at its fastest pace in nearly 13 years amid an ongoing increase in the cost of used vehicles, food and energy.
13 Jul 2021
PagSeguro, Powering LATAM's Payments
Founded back in September 2006 by Universo Online (UOL) and headquartered in Sao Paulo, PagSeguro has grown to become one of Brazil’s largest provider of financial services.
11 Jul 2021
