agen sbobet Chinese e-commerce platform Pinduoduo on Monday reported that its third-quarter revenue surged 65% year-on-year to RMB 35.5 billion (.99 billion), surpassing the high end of analyst estimates compiled by Yahoo Finance. For the quarter ending September, the companys net profit increased 546% year-on-year to RMB 10.6 billion, however the companys vice president of finance Liu Jun said on an earnings call that Pinduoduo was unlikely to maintain that level of profitability as its plans to further increase investment in the platforms innovations capability. The Shanghai-based firms research and development expenses increased by 11% to a record high of RMB 2.7 billion during the third quarter, while its spending on sales and marketing during the period was also up by 40%, in contrast to most Chinese tech majors who have implemented cost reduction measures this year. Pinduoduos significant growth in advertising and transaction services revenue – 58% and 102% year-on-year respectively – has enabled it to recover its earnings growth at a faster pace than rivals Alibaba and JD. Meanwhile, Pinduoduo Chairman and Chief Executive Chen Lei stated that the firms international business is in a very early stage, following its launch of cross border e-commerce platform Temu in September, adding that the current impact on the companys overall financial numbers is small. [Pinduoduo]Correction: an earlier version of this article misidentified Pinduoduo as Beijing-based.
- agen sbobet AdvertisementWhen Royole broke ground with the first foldable phone in late 2018, the FlexPai showed that while bendable devices were possible, they still needed a lot of work. But at MWC, the flexible gadget floodgates opened with devices like the Samsung Galaxy Fold and Huawei Mate X leading the way, with both boasting components and designs that seemed several generations ahead of anything anyone had ever seen before.But what鈥檚 even more notable about this is that it wasn鈥檛 just the two electronics juggernauts that brought bendy devices to MWC. Nubia, known for all sorts of wild concepts including dual-screen phones and the first phone to feature RGB lighting, showed off a more refined take on its Alpha smartphone-watch hybrid. 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And with a number of bendable phones appearing quite thick, that鈥檚 yet another hurdle early adopters will have to come to grips with.A hint at the next big advance in smartphone photographyPhoto: Sam Rutherford (Gizmodo)Advertisement setTimeout(() => const adSlot = document.querySelector(.apscustom); const adFallback = document.querySelector(.ars-fallback); if (adSlot) if has been read, but theres no ad, then show the fallback if (adFallback && adSlot.offsetHeight in advance of the P30 launch scheduled at the end of March, it seems like Huawei is on track to bring big zooms to smartphone cameras quite soon.Our holographic future remains years awayPhoto: Sam Rutherford (Gizmodo)AdvertisementWhen Microsoft first announced the original HoloLens back in 2015, people didn鈥檛 quite know what to make of it. It was different than VR, and much more than just simple augmented reality. 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There鈥檚 no doubt the HoloLens 2 is amazing tech, but we鈥檙e still years away from it being something people can realistically have in their homes.Actual 5G-ready handsets are finally hereLG even put a 5G logo on the back of the LG V50 5G that will light up when connected to a 5G network. Photo: Sam Rutherford (Gizmodo)AdvertisementDespite all the hype about how 5G is going to change mobile communication as we know it, much of that discussion has been largely academic up until now. That鈥檚 because aside from a handful of 5G hotspots for use in limited areas, before last week, there weren鈥檛 any actual 5G-ready phones on the market.But with the announcement of the Galaxy S10 5G, LG V50 5G, and Huawei Mate X (yes, Huawei鈥檚 bendy phone is also 5G-ready), and several 5G prototypes from the likes of OnePlus, Oppo, ZTE, and others, there鈥檚 finally some actual 5G hardware to talk about. 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