tl;dr
Ravikash Bakolia, SA News Editor PDD (NASDAQ:PDD)-owned Chinese e-commerce platform Temu could see tougher EU online content regulations after its average monthly users in the region crossed a vital threshold, Reuters reported. The EU's Digital Services Act, or DSA, regulates online intermediaries a...
Ravikash Bakolia, SA News Editor PDD (NASDAQ:PDD)-owned Chinese e-commerce platform Temu could see tougher EU online content regulations after its average monthly users in the region crossed a vital threshold, Reuters reported. The EU's Digital Services Act, or DSA, regulates online intermediaries and platforms, which millions of Europeans use every day. The DSA protects consumers and their rights online, and its main goal is to prevent illegal and harmful activities online and the spread of disinformation. Temu noted that it had about 75M average monthly active users in the EU for the six months ended March 31, 2024, the report added. Very large online platforms, or VLOPs, with more than 45M users in the EU come under DSA. Certain services from companies like Apple (AAPL), Alphabet (GOOG) (GOOGL), Meta Platforms (META), Amazon (AMZN), Alibaba (BABA), Microsoft (MSFT), ByteDance's (BDNCE) TikTok and X, formerly Twitter, are subject to rules under the DSA. The European Commission said it was aware that the number of users of Temu in the EU had surpassed the DSA threshold, the report noted. The agency was in contact with Temu related to a potential designation in the future, the report added, citing a Commission spokesperson. In March, fast-fashion company Shein reported 108M average monthly active users in the EU and is now in talks with the European Commission on its possible DSA status, as per the report.
More about Pinduoduo
Pinduoduo, Pinduoduo Inc., operates an electronic commerce platform in the People's Republic of China. The company is headquartered in Shanghai, the People's Republic of China.
Sector: TRADE & SERVICES
Industry: SERVICES-BUSINESS SERVICES, NEC
Market Cap: 153.45 Billion
Current Price: $20.26
Dividend Yield: None
52-Week Low: $5.7
52-Week High: $182.89
Price/Earnings Ratio: 0.242
Volume: 247,639,212,000
Beta: 1.437
EPS: 1.232
More about Pinduoduo
Pinduoduo Inc. Summary
Pinduoduo, Pinduoduo Inc., operates an electronic commerce platform in the People's Republic of China. The company is headquartered in Shanghai, the People's Republic of China.
Industry: TRADE & SERVICES
Sector: SERVICES-BUSINESS SERVICES, NEC
Market Cap: 153.45B
Current Price: $20.26
Dividend Yield: None
P/E Ratio: 5.7
52-Week High: $182.89
52-Week Low: $0.242
Volume: 247.64B
EPS: $179.12
Beta: 1.437
Volatility: 1.232
More about Apple Inc
Company: Apple Inc.
Industry: Technology, Electronic, Computers
Revenue: $274.5 billion (2020)
PC Vendor Ranking: 4th largest by unit sales
Smartphone Manufacturer Ranking: 4th largest
Key Financial Indicators:
- Market Cap: $2.72 trillion
- Price/Earnings Ratio: 27.46
- Earnings per Share: $0.95
- Dividend Yield: 6.43%
- 52-week High: $187.52
- 52-week Low: $24.65
- Beta: 0.262
- Shares Outstanding: 385.706 million
- P/E Growth Ratio: 0.16
- Earnings Date: 0.021
More about Alphabet Inc Class C
Alphabet Inc Class C Stock Analysis Alphabet Inc. (GOOG) Stock Analysis Summary
Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. The two co-founders of Google remained as controlling shareholders, board members, and employees at Alphabet. Alphabet is the world's fourth-largest technology company by revenue and one of the world's most valuable companies.
Key Information
Sector: Technology
Industry: Services-Computer Programming, Data Processing, etc.
Market Cap: $1.969 trillion
Dividend Yield: 0.24%
Price/Earnings Ratio: 27.45
52-Week High: $3073.94
52-Week Low: $1636.38
Beta: 0.56
EPS: 0.135
More about Alphabet Inc Class A
Alphabet Inc Class A Summary Alphabet Inc Class A
Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. The two co-founders of Google remained as controlling shareholders, board members, and employees at Alphabet. Alphabet is the world's fourth-largest technology company by revenue and one of the world's most valuable companies.
Sector: Technology
Industry: Services-Computer Programming, Data Processing, etc.
Market Data:
Market Cap: 1.969 trillion
PE Ratio: 27.15
Dividend Yield: None
Beta: 5.81
EPS: 24.34
Profit Margin: 0.24
Revenue: 307.39 billion
Operating Margin: 163.45
Return on Assets: 0.56
Return on Equity: 0.135
More about Meta Platforms Inc.
Meta Platforms Inc. Stock Analysis Meta Platforms Inc. Stock Analysis Summary
Meta Platforms, Inc. develops products that enable people to connect and share with friends and family through various devices globally. The company is headquartered in Menlo Park, California.
Sector: TECHNOLOGY
Industry: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
Market Cap: 130.50B
Current Price: $34.38
Dividend Yield: 0%
52-Week Low: $14.89
52-Week High: $52.41
Price/Earnings Ratio: 0.29
Volume: 134.90M
Average Volume: 524.4M
Beta: 2.002
Volatility: 0.247
More about Amazon.com Inc
Amazon.com, Inc. is an American multinational technology company which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Microsoft, and Facebook. The company has been referred to as one of the most influential economic and cultural forces in the world, as well as the world's most valuable brand.
Industry: Trade & Services
Sector: Retail-Catalog & Mail-Order Houses
Market Cap: 1.936 trillion
PE Ratio: 64.18
Dividend Yield: None
Beta: 2.9
52-Week High: 3,625.47
52-Week Low: 209.59
50-Day Moving Average: 3,625.47
200-Day Moving Average: 50.69
Price/Sales: 0.139
More about Alibaba Group Holding Ltd
Alibaba Group Holding Limited, also known as Alibaba Group and Alibaba.com, is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology. Founded on 28 June 1999 in Hangzhou, Zhejiang, the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services via web portals, as well as electronic payment services, shopping search engines and cloud computing services. It owns and operates a diverse portfolio of companies around the world in numerous business sectors.
TRADE & SERVICES
SERVICES-BUSINESS SERVICES, NEC
Market Cap: 177.97 Billion
PE Ratio: 13.33
EPS: 6.87
Dividend Yield: 5.35%
Share Price: $363.64
Beta: 0.108
Market Cap (Previous Year): 927.49 Billion
Current Ratio: 106.33
Debt to Equity Ratio: -0.684
Return on Equity: 0.051
More about Microsoft Corporation
Microsoft Corporation is an American multinational technology company that produces computer software, consumer electronics, personal computers, and related services. Its best known software products include the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. Microsoft ranked No. 21 in the 2020 Fortune 500 rankings of the largest United States corporations by total revenue; it was the world's largest software maker by revenue as of 2016. It is considered one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Amazon, and Facebook.
Industry: Technology
Sector: Services-Prepackaged Software
Market Cap: 313.49 Billion
Current Price: $38.15
Change: 2.86 ( 11.06%)
52-Week Range: $30.61 - $0.363
Volume: 227,583,001
Average Volume: 1,000,000
Earnings Per Share (EPS): $462.06
PE Ratio: 0.332
Dividend Yield: 0.176%
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