Warren Buffett has developed an unbelievable track record as the chief executive officer of Berkshire Hathaway. Allocating capital for the conglomerate has led to tremendous returns for shareholders. Mastercard has 3.2 billion active cards in circulation that are accepted at 150 million merchants around the globe. This creates a two-sided platform that becomes more powerful and more valuable to every stakeholder the bigger it gets. The more people that hold the cards, the more merchants want to join the net ...

这笔发行已经成功完成，并且得到了多家国际知名长线基金和多策略基金的参与，认购倍 数超数倍。 本文为IPO早知道原创 作者｜Stone Jin 微信公众号｜ipozaozhidao 据IPO早知道消息，移卡（9923.HK）于1月7日发布公告称，建议发行及配售1915万股股份，以向 外部投资者筹集资金，发展集团的海外及人工智能业务。 据 「IPO早知道」了解 ， 这 笔发行已经成功完成，并且得到了多家国际知名长线基金和多策略基 金的参与，认购倍数超数倍。 根据公告披露，此次认购款项净额约40%用于扩展集团于亚洲各业务分部的海外版图，40%用于投 资研发，包括在专有软件中使用人工智能，以加强集团商业数字化生态系统的竞争力，20%用于营 运资金及一般公司用途。 另外，移卡还通过旗下的富匙科技扩大了服务范围，共同推广数字商户解决方案， 截至目前，客户 包括星巴克、无印良品、必胜客、New Balance及Levi's、KOI、Mr.Coconut等200多个全球和区 域品牌客户，涵盖新加坡、印尼、越南及马来西亚等东南亚地区，门店数量超过20,000家。 值得注意的是，富匙科技透露即将于东南亚地区推出针对餐饮行业的AI ...

Financial Data and Key Metrics Changes - Total revenue for 2023 reached RMB 5.1 billion, representing a year-on-year increase of 15.6% [26] - Gross profit decreased by 28.4% year-on-year to RMB 738 million, with a gross profit margin declining from 30.2% to 18.7% [26][27] - Adjusted EBITDA grew by 160.6% year-on-year to RMB 556 million, primarily due to increased GPV and fee rates in one-stop payment services [27][44] Business Line Data and Key Metrics Changes - One-stop payment services achieved a GPV growth of 29.2% year-on-year, reaching RMB 2.9 trillion, with 9.2 million active merchants, a 13.3% increase [16][17] - In-store e-commerce services saw a GMV increase of 30% to surpass RMB 4.3 billion, with gross profit margin improving to 80.3% [19][20] - Merchant solutions revenue rose by 17.2% in 2023 to RMB 363 million, with active merchants exceeding 1.6 million, a 30.8% increase [21][22] Market Data and Key Metrics Changes - The company expanded its international presence, serving over 5,000 merchants in Singapore, including well-known brands like Rolex and Starbucks [10][58] - The company established Epay Singapore and Epay America to facilitate global expansion and cross-border transactions [9][19] Company Strategy and Development Direction - The company focuses on increasing commercialization efforts, maintaining compliance, and growing market share through SaaS digital solutions and digital marketing [6][7] - The strategy includes enhancing digital marketing capabilities and integrating payment solutions to strengthen merchant relationships [20][21] - The company aims to expand its overseas market presence, particularly in Southeast Asia and North America, while exploring new fintech opportunities [51][58] Management's Comments on Operating Environment and Future Outlook - Management highlighted the resilience of small and medium-sized offline merchants as a key driver of growth amid China's economic recovery [5][13] - The company is optimistic about leveraging AI technology to enhance operational efficiency and reduce costs, with a focus on future revenue generation [12][41] - Management expressed confidence in achieving breakeven in 2024 through improved fee structures and increased merchant penetration [36][61] Other Important Information - The company scored 54 in S&P Global ESG ratings and A- in corporate sustainability indices, reflecting its commitment to ESG initiatives [24][52] - The establishment of an ESG committee aims to oversee the company's sustainability efforts and support small merchants [24][54] Q&A Session Summary Question: Details on in-store e-commerce and traffic digital marketing strategy - The company has repositioned itself as an all-traffic merchant service provider, enabling merchants to operate across multiple platforms and enhancing digital marketing capabilities [32][34] Question: Impact of AI technology on business operations - AI technology has improved coding efficiency and content generation, with over 50% of in-store e-commerce content now generated by AI [40][41] Question: Growth drivers of the payment business and competitive advantage - The growth in GPV is driven by targeting small merchants in resilient industries, expanding distribution channels, and increasing monetization through improved fee rates [49][51]

Yeahka (09923) H1 2023 Earnings Call August 24, 2023 08:00 AM ET Speaker0 Ladies and gentlemen, good day, and welcome to ECAL Limited twenty twenty three Interim Results Announcement Call. At this time, all participants are in a listen only mode. After management's prepared remarks, there will be a question and answer session. Please be advised that today's conference is being recorded. I'll now pass the call to Mr. Ben Chao, Board Secretary and General Manager of Corporate Development and Capital Markets f ...