Author： Li Zhujiang Compile：Xia Xiaodou Source: GPLP On May 11, Tencent Music (TME.NYSE) released its unaudited financial report for the first quarter ended March 31, 2020, claiming revenue of 6.311 billion yuan, a year-on-year increase of 10.02%; net profit of 887 million yuan, a year-on-year down 10.13% Tencent Music’s revenue was lower than market expectations. Read more about Tencent Music’s first-quarter revenue didn’t meet Wall Street’s expectations:17% cost increased, gross margin declined[…]

Author：Xia Xiaodou Compile：Azure Source：GPLP L Brands, the parent company of Victoria’s Secret, said in a statement that it had reached an agreement with private equity firm Sycamore Capital to terminate its bid for Victoria’s Secret. In fact, as early as April 22, Sycamore Capital announced that it would terminate the acquisition transaction, saying that due Read more about Abandoned Victoria’s Secret: $ 525 million acquisition terminated, parent company’s share price falls[…]

Author：Shalajiang Compile：Hanlu Source：GPLP On May 7, the German sports brand Puma (PUMG.DE) released its first quarter 2020 financial report, and its net profit fell sharply. Financial report data shows that Puma’s first-quarter sales were 1.3 billion euros, a decrease of 1.3% year-on-year; net profit was 36.2 million euros, a decrease of 61.6% year-on-year. Puma was Read more about Puma’s first-quarter results fell by 61.6% and perhaps worse in the second quarter, will rely on credit to maintain cash flow[…]

Author：Shalajiang Compile：Azure Source：GPLP On May 1, Estee Lauder (EL.NYSE) released its third quarter financial report for fiscal year 2020. The financial report shows that Estee Lauder’s net sales is $ 3.35 billion , down 11% year-on-year; operating profit is $ 109 million, down 84% year-on-year. As for the reasons for the decline in performance, Estee Read more about Estee Lauder’s performance “turnover” the all line of products’ sales fell by 84% of operating profit[…]

Author：Xia Xiaodou Compile：Azure Source：GPLP Apple is going to make a 5G phone. Recently, foreign media has reported that apple will launch the iPhone 12 series this year, providing four models, including iPhone 12 (5.4 inches), iPhone 12 Plus (6.1 inches), iPhone 12 Pro (6.1 inches), and iPhone 12 Pro Max (6.7 inches). All four models Read more about IPhone 12 is expected to start at 4200 yuan. Can the price cut occupy 5g smart phone market?[…]

Author: Sha Lajiang Compile: Han Lu Source: GPLP OPPLE(603515.SH) does not illuminate its performance. On April 25, the first quarter of 2020 performance report released by OPPLE showed operating income of 1.03 billion yuan, a year-on-year decrease of 38.05%; the net loss attributable to shareholders of listed companies was 7.113 million yuan, a decrease of 108.26% Read more about Net profit fell again in the first quarter after the decline! Can OPPLE “illuminate” the road ahead?[…]

Author: Sha Lajiang Compile: Sunny Source: GPLP Tal exposed its employees’ illegal behavior and Gen Sheixue was accused of data fraud. 51Talk (COE.NYSE), an online education enterprise, was involved in the storm of teaching quality. On March 15, 2020, many students complained about 51Talk in multiple media platforms and microblogs. 51Talk was criticized by students Read more about After TAL and Gen Sheixue, 51Talk of the first quarterly profits became “online Red”?[…]

Author：Xia Xiaodou Compile：Azure Source：GPLP “Samsung will rise with 5G!” Quan Guixian, President of Samsung Electronics in China, expressed his confidence at the launch of the Galaxy Note10 series in August 2019. It also shows Samsung’s dilemma in China. Samsung’s shipments have been the highest for seven consecutive years in the global mobile phone market. According Read more about Samsung’ dilemma in China: 5G technology can’t help the high price[…]

Author: WeiXing Source: GPLP On April 10, Beijing time, Tesla announced measures to cut wages in China. Tesla’s vice president and director level in China are consistent with the voluntary salary reduction at the US headquarters, while other employees’ salary remains unchanged. Earlier, Tesla announced a salary reduction plan for employees in the United States. Read more about Tesla executives in China voluntarily cut their salaries by 20%-30%, and the salary of ordinary employees will remain unchanged[…]

Author: Xiao Taiyang Source: GPLP The global sales volume of OPPO in 2019 is not good, and Liu lie is the president of global marketing to expand the overseas market. In the morning of April 20, Shen Yiren, the former global marketing president of OPPO, will step down due to health problems. “Friends, we’ll see Read more about The global sales volume of OPPO 2019 is weak ,can Liu lie save the situation when Shen Yiren leaves office?[…]