Core Viewpoint - X platform, under Elon Musk, is preparing to launch a "super app" that aims to integrate users' entire financial lives into the social media platform, despite advertising revenues not yet recovering to pre-acquisition levels [1][2]. Group 1: Financial Services Expansion - X platform plans to introduce X Money, a digital wallet and peer-to-peer payment service, with Visa as its first partner [4]. - The service will initially launch in the U.S. and will allow users to purchase goods, store value, and tip creators, creating a comprehensive commercial and financial ecosystem [5]. - The company is also exploring the introduction of credit and debit cards, potentially within this year [3]. Group 2: Advertising Revenue and Challenges - Since Musk's acquisition for $44 billion, the platform has seen a significant loss of advertisers, with many concerned about content moderation and Musk's controversial statements [5]. - Yaccarino claims that 96% of advertisers have returned to the platform, and the company aims to restore advertising revenue to 2022 levels soon [7]. - Emarketer predicts that X platform's revenue will increase to $2.3 billion this year, up from $1.9 billion last year, but still below the $4.1 billion revenue at the time of Musk's takeover [7]. Group 3: Regulatory Challenges - The ambitious expansion into financial services will pose significant regulatory challenges, including compliance with licensing requirements and anti-money laundering regulations [5].

东南亚科技公司Sea(SE.US)将于5月13日公布2025年第一季度财务业绩。华尔街分析师预计，Sea第一季 度营收将同比增长29.7%至49.1亿美元，每股收益将从上年同期的0.21美元大幅增长至0.93美元。 Sea的端到端物流整合，特别是通过SPX Express，预计将为该公司2025年第一季度的业绩做出积极贡 献。SPX快递继续提高服务标准，在东南亚地区提供更快、更可靠的快递服务。SPX Express在亚洲近 50%的包裹在两天内送达，而且很可能改善了客户体验和平台留存率。 Sea在第一季度的业绩预计将受益于其数字金融服务的持续扩张，特别是在东南亚和巴西的消费者及中 小企业贷款方面。信贷部门仍然是主要的营收驱动因素，2024年第四季度的贷款同比增长超过60%。随 着信贷渗透的持续改善，该部门已做好准备，推动2025年第一季度强劲的营收增长。 但值得注意的是，今年年初电子商务领域的季节性疲软预计将对Sea旗下电子商务平台Shopee在第一季 度的增长势头构成不利影响。另外，电子商务领域一直是高度竞争的，这可能会对Shopee的收费率构成 压力，并要求其在服务质量方面进行持续投资。 Sea的数字娱乐 ...