Core Viewpoint - Pattern, an e-commerce service provider, successfully went public on NASDAQ with an initial share price of $14, closing at $15.63 on its first day, resulting in a market capitalization of $2.75 billion [1][5]. Business Model and Operations - Founded in 2013, Pattern started as a small Amazon store selling refrigerator magnets and evolved into a comprehensive e-commerce accelerator utilizing AI and machine learning technologies [3][8]. - The company offers a variety of services including product procurement, brand management, logistics, and data marketing, covering over 60 major e-commerce platforms globally, such as Amazon, Walmart, and Tmall [3][14]. - Pattern's revenue streams are diverse, including dealer margins, service commissions, SaaS subscription fees, and customized consulting services [3][14]. Financial Performance - In 2022, Pattern reported revenues of $990.5 million, with projections of $1.366 billion in 2023 and $1.796 billion in 2024. The company turned a profit of $41.3 million in 2023 after a loss of $2.98 million in 2022 [17][19]. - The company has experienced significant growth, with a 35% increase in revenue in the first half of 2023 compared to the same period in the previous year [17]. Market Position and Strategy - Pattern's success is attributed to its technological barriers and global strategy, particularly its strong performance in the Chinese market, where it has seen continuous growth [5][14]. - The company has expanded rapidly, acquiring two SaaS companies and establishing offices in major cities worldwide, including London and Dubai [13][14]. Challenges and Risks - A significant portion of Pattern's revenue, approximately 94% in 2024, is derived from Amazon, indicating a high dependency on a single platform [23]. - The e-commerce industry is becoming increasingly competitive, with new entrants like SHEIN and Temu posing threats to market share [23]. Future Outlook - The global e-commerce market is expected to grow at a compound annual growth rate of 9.5% from 2025 to 2029, representing a significant opportunity for Pattern [26]. - The company plans to utilize part of its IPO proceeds to enhance its global expansion and technological innovation, particularly in AI integration [23][24].

“Talent is global. Capital is global. Distribution is global. So why should founders not be?”Jahanvi Sardana, with Index Ventures, spoke about stepping outside of hot spots like Silicon Valley and New York at the 2025 Forbes #Under30Summit in Ohio.https://t.co/VdQ1pJgG95 https://t.co/lE4KEwUap4 ...

[Music] It's good to be here this evening. Um I'll be speaking this evening about exporting excellence. Many years ago I was in medical school.I remember we had a conversation with one of our consultants and um you know medical practice how that we have all the big names Salmonellosis Lististeriosis. I just said all of that to show you that I went to school. But um and we had all of that conversation and I remember full well that there was something that stood out for me.There was a name I mean there was on ...

Join me for a little walk back in history. The year 2016 marked a critical rupture in both the American and British story. Brexit happened in June. Trump happened in November. November moments when the larger stories that once bound their people together and instead embraced politics of division. These political earthquakes rejected globalization, diversity, and democratic norms in favor of narrower identities rooted in grievance and nostalgia. And by seating this identity debate to demagogues, democratic l ...

Economic Discontent & Political Landscape - The report highlights a loss of faith in the "American dream" due to systemic failures, inequality, and corruption, leading to a willingness to listen to identity-based appeals [3][4] - The discussion points out that economic anxieties, stemming from events like the 2008 financial crisis, fueled a rejection of globalization and neoliberalism, as people felt their lives were not improving despite the enrichment of elites [8][9] - The analysis connects economic anger with identity politics, where frustration with the system opens the door for divisive figures to blame immigrants and liberal elites [11][12] Rebuilding the Future Narrative - The report emphasizes the need for a forward-looking vision that addresses corruption and ensures the government works for the people, rather than simply patching up the existing system [6] - The analysis suggests that reclaiming the narrative requires demonstrating a vision for the future that goes beyond nostalgia and focuses on rebuilding the system to address the root causes of economic discontent [5][6] Brexit & Trump Parallels - The report draws parallels between Brexit and the election of Donald Trump, noting that both were driven by underlying economic issues and identity-based appeals [7] - The "take back control" slogan in Brexit is analyzed as appealing to both economic anxieties (control from out-of-touch elites) and identity concerns (control from immigrants), highlighting the connection between the two [9][10]

Globalization with Chinese characteristics https://t.co/hxnS4KCg9s ...

Let's start with a scene that might seem oddly familiar. You're sitting at your computer. You've got 10 to 20 tabs open.I'm talking news articles, emails, a half-finish YouTube video, your bank account, and maybe even a recipe for dinner. You know, the ones you'll never actually make. Your computer starts lagging.It's frustrating. So, you slam your fist on the desk and go, "Oh." As you might have guessed, this isn't just about your computer. There's so much noise in the world, so many issues demanding our a ...

Summary of Tencent Holdings Ltd. Conference Call Company Overview - **Company**: Tencent Holdings Ltd. - **Industry**: China Internet and Other Services - **Current Stock Price**: HK$645.00 (as of September 16, 2025) - **Market Capitalization**: US$769,507 million - **Price Target**: HK$700.00, representing a 9% upside potential Key Focus Areas - **Digitalization and Globalization**: Tencent's cloud development emphasizes enhancing efficiency through digitalization and exploring new growth drivers via globalization [1][2] - **AI Adoption**: Tencent is recognized as a leading adopter of AI technologies, particularly in consumer applications, supported by its robust WeChat ecosystem [1] Core Business Developments - **AI Product Launches**: Tencent has introduced various AI efficiency enhancement products, including: - Enhanced cloud agent development platform - A comprehensive suite of 2C and 2B AI products [2] - **SAAS + AI Toolkit**: Upgrades to AI LLM infrastructure focus on optimizing computing power and model efficiency, with multiple open-sourced models launched [3] Performance Metrics - **Revenue Growth**: Tencent reported a 20% increase in marketing revenue and a 22% growth in gaming revenue in Q2 [9] - **User Engagement**: Significant increases in user engagement metrics, such as: - AI MAU for QQ browser increased by 17.8 times since April - Tencent Meeting's AI MAU grew by 150% year-over-year [7] Global Expansion Strategy - **International Business Growth**: Tencent's international business has achieved double-digit growth, with overseas clients doubling year-over-year [12] - **Infrastructure Investments**: Tencent is expanding its global infrastructure, including a US$150 million investment in a data center in Saudi Arabia and a third data center in Osaka [12] Financial Projections - **Revenue Forecast**: Projected net revenue growth from RMB 660.3 billion in 2024 to RMB 884.3 billion by 2027 [4] - **Earnings Per Share (EPS)**: Expected EPS growth from RMB 20.63 in 2024 to RMB 30.59 in 2027 [4] Risks and Challenges - **Market Competition**: Potential risks include intensified competition in social networks and advertising, regulatory uncertainties in the gaming industry, and tightened regulations amid US-China tensions [16] - **Execution Risks**: Successful execution of new game launches and maintaining market share in social and short video ads are critical for growth [16] Analyst Ratings - **Stock Rating**: Overweight - **Industry View**: Attractive - **Valuation Methodology**: Base case valuation of HK$700 based on a sum of the parts analysis [13][14] Conclusion Tencent Holdings Ltd. is positioned for continued growth through its focus on digitalization and globalization, supported by strong AI adoption and significant investments in infrastructure. However, the company faces challenges from market competition and regulatory environments that could impact its performance.

Globalization Strategy - Many Chinese companies are choosing new names as they pursue global expansion [1]

The world that enabled Singapore's rise is no more. @HalBrands examines what that means for the country's future (via @opinion) https://t.co/CAldflX2LV ...