Thank you for your video!!! I am wondering if the massive increase in "General and administrative expenses" is related to compensation for laid-off employees. I don't think Tencent is hiring more as you explained.
They specifically stated it was share based compensation and hiring in their quarterly report. It might be a case hiring outnumbered firing. But firing was reported in the news and skewed our perception.
@@DrWealthVideos Thank you for replying to my question. I noticed the details stated in the quarterly report and you make a good point that the news could skew our perception. But expanding business in 2022Q1 compared to 2021Q1 kinda blew my mind because the Chinese government has been cracking down on tech companies.
reportedly , it owned 78.85 million of Didi's Class A shares as of 2021 Dec. 31, up from 77.07 million shares disclosed at the time of the IPO, the filing showed. Tencent's Class A shareholding stood at 7.4% as of the end of December. with imminent changes in governance , is the new Didi going to have the same potential as the former Didi ?
Didi already capture 90% of China’s ride hailing market. We don’t think the growth potential has much left. They aren’t gg overseas as the Uber and grab are strong. An alternative is to move into other products or services.
Thanks for the video. Would you do a similar video for Q2 2022?
Thank you for your detailed analysis.
Thank you for your video!!! I am wondering if the massive increase in "General and administrative expenses" is related to compensation for laid-off employees. I don't think Tencent is hiring more as you explained.
They specifically stated it was share based compensation and hiring in their quarterly report.
It might be a case hiring outnumbered firing. But firing was reported in the news and skewed our perception.
@@DrWealthVideos Thank you for replying to my question. I noticed the details stated in the quarterly report and you make a good point that the news could skew our perception. But expanding business in 2022Q1 compared to 2021Q1 kinda blew my mind because the Chinese government has been cracking down on tech companies.
reportedly , it owned 78.85 million of Didi's Class A shares as of 2021 Dec. 31, up from 77.07 million shares disclosed at the time of the IPO, the filing showed. Tencent's Class A shareholding stood at 7.4% as of the end of December.
with imminent changes in governance , is the new Didi going to have the same potential as the former Didi ?
Didi already capture 90% of China’s ride hailing market. We don’t think the growth potential has much left. They aren’t gg overseas as the Uber and grab are strong. An alternative is to move into other products or services.
Drop drop drop like grapes