Singles Day is Yuuge

  Market Scorecard Yesterday was 'singles day', 11/11, the day where people celebrate being single. For most Chinese though, the day has morphed into the biggest shopping day of the year. In 2008 Alibaba launched their singles day specials, now ten years later the day is huge! Yesterday Alibaba sold $30.8 billion worth of merchandise …

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Good Riddance October

  Market Scorecard On Friday, before the US market opened, jobs data for October was released. It showed that wages grew at the fastest rate since 2009; good news for short-term GDP growth, but higher wages generally comes with inflation down the line. Despite the good jobs data and the rally on Thursday, economic advisor …

The Clouds in China

  To market to market to buy a fat pig. Markets were mixed on Friday, with both our local market and the US markets sitting in positive territory at some point in the trading day. Come closing time/beer o'clock (I think in Jozi on a Friday the beers start much earlier in the day) our …

Alibaba Gets Mobile

"As the above image shows, the core business, Chinese e-commerce grew revenue by 42%. The number of buyers that visit Alibaba's sites is rather mind numbing. Over the last 12 months they grew their Annual Active Buys base 9% to 443 million people. A large chunk of buyers are accessing the sites via mobile, with …

Trumpacula bares FANGS

"Why is this the case? Are people suddenly going to stop buying iPhones, renewing their Microsoft Office 365 subscriptions, no more Amazon online orders and no more search (and by extension adverts)? No. Not at all."   To market to market to buy a fat pig Something different happened last night. The so called FANG …

Jack is Back

"Mr. Market really liked the numbers, the stock soared over 7 percent to close just above 98 Dollars, a 52 week high. And seeing as all things China have been under pressure, the stock is up really smartly from the 57 Dollar low reached last October, and 60 Dollars in February this year. The company …