CTI 83: Earnings, Baidu, Tencent and Alibaba with Michael Norris
China Tech Investor
00:00
Fintec and Business Services - Is That a Good Thing?
Ten cent is seeing a little bit of an acceleration. Some expenses, like r and d expenses were up a 39 % year every year. And yet, there gross profit margins or, you know, everything, they're kind of staying steady. A makes me think that very soon fintec and business services will surpass internet v a s; at least surpass online games.
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