Boussard & Gavaudan Investment Management Llp Has Boosted Alibaba Group Hldg LTD (BABA …

… to Leave Company; 30/04/2018 – Lightspeed Venture Partners Says Microsoft Chairman John Thompson Joining as a Venture Partner; 27/03/2018 …

Microsoft Corporation (NASDAQ:MSFT) Logo

Swarthmore Group Inc decreased its stake in Microsoft Corp (MSFT) by 19.81% based on its latest 2018Q4 regulatory filing with the SEC. Swarthmore Group Inc sold 15,900 shares as the company’s stock rose 1.03% with the market. The institutional investor held 64,375 shares of the prepackaged software company at the end of 2018Q4, valued at $6.54M, down from 80,275 at the end of the previous reported quarter. Swarthmore Group Inc who had been investing in Microsoft Corp for a number of months, seems to be less bullish one the $922.12 billion market cap company. The stock increased 0.76% or $0.91 during the last trading session, reaching $120.19. About 12.81M shares traded. Microsoft Corporation (NASDAQ:MSFT) has risen 20.90% since April 11, 2018 and is uptrending. It has outperformed by 16.53% the S&P500. Some Historical MSFT News: 17/05/2018 – ♫ Reuters Insider – British gaming firm launches world’s first online game co-created by players; 26/04/2018 – Google and Facebook adopt water gun emoji, leaving Microsoft holding the pistol. Via @verge:; 26/04/2018 – MICROSOFT 3Q ADJ EPS 95C, EST. 85C; 09/04/2018 – MICROSOFT BLOG: ISSUE IN AZURE PORTAL ALL RESOLVED; 21/03/2018 – Hensel Phelps at Work on $13.5 Billion in Active Projects, Mostly for Tech Leaders Intel, Microsoft, an Industrial Info News Alert; 08/05/2018 – Sage Business Cloud Customers to Benefit from Faster lnvoicing with Extended Microsoft Integration; 14/05/2018 – PROS Named as Inaugural Manufacturing Partner in Global Microsoft Technology Centers; 29/03/2018 – Microsoft Executive Vice President Terry Myerson to Leave Company; 30/04/2018 – Lightspeed Venture Partners Says Microsoft Chairman John Thompson Joining as a Venture Partner; 27/03/2018 – Green House Data Introduces Managed Azure Cloud Services

Boussard & Gavaudan Investment Management Llp increased its stake in Alibaba Group Hldg Ltd (BABA) by 10.43% based on its latest 2018Q4 regulatory filing with the SEC. Boussard & Gavaudan Investment Management Llp bought 1.32M shares as the company’s stock rose 17.52% with the market. The institutional investor held 13.98 million shares of the business services company at the end of 2018Q4, valued at $1.96B, up from 12.66 million at the end of the previous reported quarter. Boussard & Gavaudan Investment Management Llp who had been investing in Alibaba Group Hldg Ltd for a number of months, seems to be bullish on the $482.64B market cap company. The stock decreased 0.53% or $1 during the last trading session, reaching $186.19. About 10.58M shares traded. Alibaba Group Holding Limited (NYSE:BABA) has risen 2.89% since April 11, 2018 and is uptrending. It has underperformed by 1.48% the S&P500. Some Historical BABA News: 15/05/2018 – Highbridge Adds PepsiCo, Exits CarMax, Cuts Alibaba: 13F; 04/05/2018 – Alibaba Group 4Q Adjusted EBITA Margin for Core Commerce 43%; 24/04/2018 – MERCEDES TIGHTENS CARS’ LINKS TO WECHAT, ALIBABA’S SMART HOME; 05/04/2018 – First Class of Asian Entrepreneurs Graduates from UNCTAD and Alibaba Business School’s eFounders Fellowship Program; 30/05/2018 – The e-payment battle for Southeast Asia swings Alibaba’s way; 28/03/2018 – HK Bourse: Circular From Alibaba Pictures Group Ltd. On Other; 12/03/2018 – IKang Announces Receipt of Acquisition Proposal From Yunfeng Cap and Alibaba; 12/03/2018 – OFO RAISES $866M IN FUNDING ROUND LED BY ALIBABA; 29/03/2018 – ALIBABA HEALTH INFORMATION TECHNOLOGY LTD 0241.HK – SHEN DIFAN APPOINTED AS EXECUTIVE DIRECTOR; 04/05/2018 – Alibaba Expects Revenue to Jump in the Next Year–Update

More notable recent Alibaba Group Holding Limited (NYSE:BABA) news were published by: Investorplace.com which released: “5 Recent Deals by Alibaba Are Set to Affect BABA Stock – Investorplace.com” on April 03, 2019, also Investorplace.com with their article: “Can Baidu Stock Rally 40% This Year to $250? Here’s What To Focus On – Investorplace.com” published on April 06, 2019, Marketwatch.com published: “Africa’s first tech unicorn files for IPO on NYSE – MarketWatch” on March 12, 2019. More interesting news about Alibaba Group Holding Limited (NYSE:BABA) were released by: Investorplace.com and their article: “Alipay Could End up Being the Secret Weapon That Drives BABA Stock – Investorplace.com” published on April 05, 2019 as well as Fool.com‘s news article titled: “Will Tencent Challenge Baidu in the Driverless Market? – Motley Fool” with publication date: April 08, 2019.

Investors sentiment increased to 0.94 in 2018 Q4. Its up 0.13, from 0.81 in 2018Q3. It improved, as 55 investors sold MSFT shares while 925 reduced holdings. 168 funds opened positions while 758 raised stakes. 5.48 billion shares or 3.82% more from 5.28 billion shares in 2018Q3 were reported. 3G Cap Prtnrs Limited Partnership, a New York-based fund reported 813,018 shares. Holderness Investments Co stated it has 63,017 shares or 3.5% of all its holdings. Smith Salley & holds 4.51% or 241,080 shares in its portfolio. Amf Pensionsforsakring accumulated 6.70 million shares. Ssi Inc holds 17,296 shares. Haverford Tru Commerce owns 1.57 million shares. Boyer Corporon Wealth Ltd Liability owns 44,667 shares. 63,027 are owned by Newfocus Financial Group Inc Limited Company. Claar Advsr Ltd Liability Co reported 179,683 shares. Denali Advsrs Ltd reported 900 shares or 0.02% of all its holdings. Pennsylvania-based Fragasso Group has invested 0.71% in Microsoft Corporation (NASDAQ:MSFT). Pinebridge Lp invested in 724,661 shares. Cullen Capital Mgmt Ltd Llc has invested 2.35% of its portfolio in Microsoft Corporation (NASDAQ:MSFT). Moreover, Carlson Limited Partnership has 0.06% invested in Microsoft Corporation (NASDAQ:MSFT). Profit Mngmt Llc stated it has 1.98% in Microsoft Corporation (NASDAQ:MSFT).

Analysts await Microsoft Corporation (NASDAQ:MSFT) to report earnings on April, 25. They expect $1.00 earnings per share, up 5.26% or $0.05 from last year’s $0.95 per share. MSFT’s profit will be $7.67 billion for 30.05 P/E if the $1.00 EPS becomes a reality. After $1.10 actual earnings per share reported by Microsoft Corporation for the previous quarter, Wall Street now forecasts -9.09% negative EPS growth.

Swarthmore Group Inc, which manages about $1.77 billion and $383.80 million US Long portfolio, upped its stake in Urban Outfitters Inc (NASDAQ:URBN) by 10,700 shares to 177,100 shares, valued at $5.88M in 2018Q4, according to the filing. It also increased its holding in Financial Select Sector Spdr F (XLF) by 314,000 shares in the quarter, for a total of 920,900 shares, and has risen its stake in Ishares Core S&P 500 Etf (IVV).

Microsoft Corporation (NASDAQ:MSFT) Institutional Positions Chart

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500 Startups Head Of China Believes In New “Tigers” For Mobile Payments, Blockchain And AI …

“I think it is a really exciting time being in Silicon Valley and at the same time for us, as an early stage investor, it’s great to see. You literally have to …
New-Tigers-for-Mobile-PaymentsNew-Tigers-for-Mobile-Payments

New “Tigers” For Mobile Payments

CNBC’s Squawk Box had an interesting participant this week. Edith Yeung of China’s 500 Startups shared new developments as new technology startups valued over $1 billion go public. During the segment, she stated that,

“I think it is a really exciting time being in Silicon Valley and at the same time for us, as an early stage investor, it’s great to see. You literally have to wait at least 10 years to get to this point that you finally have . . . some sort of exit, but it’s really a sign for us that we need to get back to work and discover the next wave.”

Based on the segment, Yeung’s company has invested in Grab, a ride-hailing company in Southeast Asia. Yeung added,

“I love blockchain and AI ideas and (it’s) just so fun . . . to work on as a technology project, but at the same time, I don’t want to invest in a company just because a founder know(s) how to speak geeks or blockchain. It really should be about companies that truly add value and, you know, understand the pain point to do something good for the society and the world.”

The segment then segued to mobile payments, which according to Yeung, will be the “backbone” of services in the future such as ridesharing, gaming, and e-commerce. She stated,

“I think mobile payments are the core infrastructure.”

She also identified four cities to watch for concerning mobile payments: Jakarta, Indonesia, headquarters of Gojek ride-hailing company; Singapore, headquarters of Grab; Shenzhen, China, headquarters of WeChat Pay; and Hangzhou, China, headquarters of Alibaba Alipay.

Concerning these four cities, she stated,

“I think these four cities are sort of the . . . new four tigers” – referring to the “four Asian tigers” which are the four cities in Asia that saw the most growth in the mid-20 century. She added, “UnionPay and all these, Bank of China has been around for a long time but WeChat Pay and Alipay didn’t come from any of these banks, so I think that all these finance-related innovations is happening like, right beneath all these banks.”

Alibaba rival JD targets deep job cuts

Chinese venture capital deals declined more than 9 percent to US$9.7 billion in the first quarter, PricewaterhouseCoopers LLP and CB Insights said.

JD.com Inc (京東) is preparing deep cuts to its workforce and rescinding some job offers as the Chinese e-commerce giant struggles to revive dwindling morale and rein in losses, people familiar with the matter said.

The firm told managers that it is looking to reduce headcount across the company, cutting some teams by as much as half, one of the people said, citing an internal e-mail.

Alibaba Group Holding Ltd’s (阿里巴巴) closest rival is reneging on some work contracts and offering affected college graduates token compensation of 5,000 yuan (US$744), the people said, asking not to be identified discussing a private matter.

The Information Web site earlier reported that JD could be slashing its workforce by as much as 8 percent.

The threat of firings has walloped morale and prompted many to explore employment elsewhere, the people said.

JD has come under increasing pressure from a more-diversified Alibaba, as Chinese consumption succumbs to a decelerating economy, while upstart rivals such as Pinduoduo Inc are drawing customers away.

JD’s move mirrors internal overhauls by Tencent Holdings Ltd (騰訊) and Didi Chuxing (滴滴出行), which are coming off their once-breakneck pace of growth.

However, JD, which has not posted annual net income since its 2014 listing, has had three of its most senior executives announce departures within the past two months, including its chief technology officer.

It has also reportedly come under fire for effectively trying to lower the salaries of its couriers — once a source of company pride.

JD spokesman Brad Burgess declined to comment on the job cuts, saying only that the company was getting back to its entrepreneurial roots.

JD Logistics said in a social media post that changing courier pay structures was necessary with wages being protected for four to six months during the transition.

Chinese tech companies are shaking up their ranks to tide them over during tougher times.

Funding has shrunk alongside a cooling in the nation’s economy, exacerbated by trade tensions with the US and regulatory clampdowns that fomented uncertainty and spooked would-be investors.

Chinese venture capital deals declined more than 9 percent to US$9.7 billion in the first quarter, PricewaterhouseCoopers LLP and CB Insights said.

JD is now threatening to fire people who exhibit four kinds of behavior: arrogance, complacency, over-spending on expenses and failing to deliver on initiatives, one of the people who saw the internal notice said.

The reductions come in part because the company has not been regularly weeding out under-performers and a culling is now overdue, the person said.

Earlier this year, JD said that it intended to let go of 10 percent of executives ranked vice president or above.

The departures and fears of job cuts have sapped morale among staff. Many use impromptu gatherings in staff eating halls and outdoor smoking areas to discuss redundancies and potential employers, said employees who asked to not be named.

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Invigor Secures Multi-Brand WeChat Pay Deployment With Club 21, Stock Zooms Up 33.33%!

A dividend reinvestment plan is not activated for now. … 2020 as compared to $9.5 in 2017, according to Arcview Market Research and BDS Analytics.
Invigor Secures Multi-Brand WeChat Pay Deployment With Club 21, Stock Zooms Up 33.33%!

Invigor Group (ASX: IVO) today communicated that it has signed an agreement with Club 21 and secured a multi-brand deployment of the WeChat Pay platform in Singapore. The agreement is an achievement for IVO as a prestigious brand with the large physical store network is being collaborated and integrated for its online payment facility and loyalty platforms, Online-to-Online Commerce, to catalyse increased sales. The development will increase IVO’s reach in Singapore with expected higher margins considering advertising and loyalty technology integration into WeChat Pay platform.

As per the agreement, IVO will bring in the integration of its proprietary advertising and loyalty technology offerings into the WeChat Pay platform.

The target point for this will be customers, predominantly Chinese tourists, who shop at Club 21 stores in Singapore and avail the offers and further redeem it. The benefit in monetary terms for Invigor will be a share of transaction revenue from the payments and redeemed sales from these advertising and loyalty offerings.

40 stores of Club 21 in Singapore are available at main shopping and tourist areas, which includes the Four Seasons Hotel, the Hilton Hotel, ION Orchard, Paragon, Takashimaya and Marina Bay Sands. The brands represented by Club 21 include Armani Exchange, Paul Smith, Lanvin, Mulberry, DKNY, Bao Bao, Issey Miyake, Calvin Klein and COMME DES GARCONS, Dolce & Gabbana, Donna Karan.

Invigor is engaged in B2B data intelligence and solutions business, turning data analytics into dollars catering to retail and service industries. Its products include Loyalty, Pricing and Skyware (TillerStack).

Club 21 is a subsidiary of COMO Group and is one of Asia’s leading luxury goods retailer with a global presence across four continents and over 250 brands across nearly 400 stores.

Management considers this agreement as one of the biggest developments in the company’s history. IVO will work on deployment as Club 21 will be rolling out new stores. The management expects this development is likely to have a positive impact on other retailers outside of Club 21, who are in the pipeline and close to the signing. IVO is looking forward to further opportunities in terms of Shopper Insights and CRM with Club 21.

Analysing its financial performance for FY18, the company has recorded a revenue of $1.25 million, posting a growth of 74% (pcp). The major chunk of the revenue was driven by “TillerStack” which amounted to $1.07 million. A net loss on EBITDAI front came in at $4.0 million as compared to $4.3 million in FY17. However, the company strengthened its balance sheet and reduced its debt and raised equity. Total debt was reduced by 35% or $3.9 million from $11.1 million to $7.2 million in FY17. The company also raised its capital with total ordinary fully paid shares of 1.580 million, which were issued in December 2018. The fund-raising program was largely to fund the growth, repayment of debts and working capital. The company has not announced any dividend in FY18 and FY17. A dividend reinvestment plan is not activated for now.

The 52-week high and low price of the stock stands at A$0.009 and A$0.003. The stock is currently trading at A$0.004, at market close on 10 April 2019, with a market capitalisation of A$7.78 million. The stock today zoomed 33.333% on the news that the company has secured a multi-brand WeChat Pay deployment with Club 21.


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JD.com is said to target deep job cuts as morale sags

Chinese venture capital deals dived more than 9 percent to $9.7 billion in the first quarter, according to PwC and CB Insights. JD is now threatening to …

JD.com is preparing deep cuts to its workforce and rescinding some job offers as the Chinese e-commerce giant struggles to revive dwindling morale and rein in losses, people familiar with the matter said.

Alibaba Group Holding’s closest rival told managers that it’s looking to reduce headcount across the company, cutting some teams by as much as half, one of the people said, citing an internal email. JD is reneging on some work contracts and offering impacted college graduates token compensation of 5,000 yuan ($745), the people said, asking not to be identified discussing a private matter. The Information earlier reported that, all told, JD could be slashing its workforce by as much as 8 percent.

The threat of firings has walloped morale and prompted many to explore employment elsewhere, according to the people. JD has come under increasing pressure from a more-diversified Alibaba as Chinese consumption succumbs to a decelerating economy, while upstart rivals such as Pinduoduo draw customers away. JD’s latest move mirrors internal overhauls by Tencent Holdings and Didi Chuxing, which’re coming off their once-breakneck pace of growth.

But JD, which hasn’t posted annual net income since its 2014 listing, has had three of its most senior executives announce departures within the past two months, including its chief technology officer. It’s reportedly come under fire publicly for also effectively trying to lower the salaries of its couriers — once a source of company pride.

JD spokesman Brad Burgess declined to comment on the job cuts, saying only that the company was getting back to its entrepreneurial roots. JD Logistics said in a social media post that changing courier pay structures were necessary with wages being protected for 4-6 months during the transition.

Chinese tech companies are shaking up their ranks to tide them over during tougher times. Funding has shrunk alongside a cooling in the nation’s economy, the world’s second largest. That’s exacerbated by trade tensions with the US and regulatory clampdowns that fomented uncertainty and spooked would-be investors. Chinese venture capital deals dived more than 9 percent to $9.7 billion in the first quarter, according to PwC and CB Insights.

JD is now threatening to fire people that exhibit four kinds of behavior: arrogance, complacency, over-spending on expenses and failing to deliver on initiatives, said one of the people who saw the internal notice. The reductions come in part because the company hasn’t been regularly weeding out under-performers and a culling is now overdue, the person said. Earlier this year, JD said it intended to let go of 10 percent of executives ranked vice president or above.

The departures, and fears of job cuts both internally and through local media reports, have sapped morale among staff. Many use impromptu gatherings in staff eating halls and outdoor smoking areas to discuss redundancies and potential employers, according to employees who asked to not be named.

“With such ambiguity in the way JD is defining what constitutes a firing offence, it can be really disturbing for staff internally,” said Lion Niu, a Beijing-based senior consultant at CGL Consulting. Niu said his recruitment company had already received several inquiries from JD employees.

Between March 15 and April 5, JD announced that CTO Chen Zhang, General Counsel and Chief Human Resources Officer Rain Yu Long and Chief Public Affairs Officer Ye Lan were departing, all citing personal reasons.

All this has marred what should’ve been a positive start to 2019 for the e-commerce giant. In December, US authorities decided not to press charges against billionaire founder Richard Liu over rape allegations, and its December-quarter revenue surpassed estimates. Shares of the company have risen almost 50 percent since December.

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