Falling 9%, Netflix's first-quarter performance exceeded expectations and will no longer release new user data starting next year
American streaming giant Netflix added 9.33 million subscribers in the first quarter of 2024, far exceeding expectations, but will no longer publish subscription data from next year.
On April 18, local time, Netflix released its first quarter financial report as of March 31, 2024 after the U.S. stock market closed. During the reporting period, the company achieved revenue of US$9.370 billion, a year-on-year increase of 14.8%, higher than market expectations of 92.6 billion; net profit was US$2.332 billion, and adjusted earnings per share were US$5.28. The company expects to achieve revenue of US$9.491 billion in the second quarter of 2024, a year-on-year increase of 15.9%, slightly lower than market expectations of US$9.5 billion; earnings per share will be US$4.68.
As of the close, Netflix (Nasdaq: NFLX) had a total market value of US$239.167 billion. Wind data shows that Netflix’s stock price has risen 25.4% since the beginning of this year.
In terms of the most watched subscribers, Netflix reported an increase of 13.1 million paying users in the fourth quarter of last year, and continued its upward trend in the first quarter of this year, with an additional 9.33 million paying users. Netflix's total number of paying members reached 269.6 million in the first quarter, a year-on-year increase of 16%, exceeding market expectations of 264.52 million.
However, regarding guidance for the next quarter, Netflix reminded that “seasonal factors will cause user growth in the second quarter to be lower than that in the first quarter,” suggesting that the positive momentum of user growth may slow down.
Netflix also dropped a “blockbuster” in this financial report, saying that it will stop reporting paid membership growth and average user revenue (ARM) from the first quarter of 2025, and will only report specific user “milestones.” . Affected by this, Netflix's stock price fell nearly 9% in after-hours trading. (Source: The Paper)
Xiaomi Lin Bin posted a rendering of the Shenzhen international headquarters building, which will build a 1,000-square-meter Xiaomi Home
According to news on April 19th, Xiaomi co-founder Lin Bin posted today that “Shenzhen Xiaomi Building has been topped out”, saying that a 1,000 square meter Xiaomi Home will be built, and posted the under construction and topping out plans of the Xiaomi Shenzhen International Headquarters Building. Pictures and finished renderings.
(Source: IT Home)
Ant International CEO: Alipay+ cross-border payment service will be launched in Indonesia this year
According to news on April 19, Indonesian media Kompas reported that Yang Peng, CEO of Ant Group’s International Business Group, met with the Indonesian Minister of Communications today. He said that its popular cross-border payment service Alipay+ will be introduced to the Indonesian market.
Yang Peng said that Ant Group is following the guidance of the Bank of Indonesia, meeting all its requirements, and working with local partners to be able to quickly launch this service in Indonesia. Yang Peng also said that he hopes to launch Alipay+ in Indonesia this year.
According to public information, Alipay+ was launched in 2020 to provide services and technical tools to global merchants and e-wallets, allowing them to provide users with the ability to use local e-wallets to make payments in overseas markets.
In addition to discussing matters related to the introduction of Alipay+ to Indonesia, Yang Peng said that Ant International has reached a number of cooperation with the Ministry of Communications and Information, one of which is the establishment of a joint laboratory.
Indonesian Minister of Communications and Information Budi Ali Setiadi said that in addition to the joint laboratories expected to be quickly completed in Jakarta (located on the northwest coast of Java Island) and Yogyakarta (a city in south-central Java Island), there are two other joint laboratories. Forms of cooperation agreed with Ant Group, including Digital Talent Scholarship and Digital Talent Academy. (Source: IT Home)
Taobao will promote unlimited returns and free shipping: only 88VIP, single shipping fee cannot exceed 25 yuan
According to news on the afternoon of April 19, Taobao will launch a return package shipping service for 88VIP users, with a maximum of 25 yuan per order, and no upper limit on the number of times. It is currently in gray testing. Previously, Taobao would provide 88VIP users with 6 5-yuan return coupons per month.
Now the limit on the number of tickets has been removed and changed to unlimited times. At the same time, it has been upgraded to a single 25 yuan coupon available for each order. It is understood that this benefit is currently only available to some users, and will be fully covered in the next two days. (Source: Sina Technology)
It is reported that Xpeng Huitian will launch Series B financing within this year, and the Series A financing has exceeded US$500 million.
On April 19, according to China Business News, Xpeng Huitian insiders revealed that the company will launch Series B financing in 2024, and senior executives are currently negotiating investments with interested local industrial investment companies.
Xpeng Huitian was formerly known as Dongguan Huitian Technology Co., Ltd. In 2020, it was jointly invested and controlled by He Xiaopeng, chairman of Xpeng Motors, and Xpeng Motors to establish Guangdong Huitian Aerospace Technology Co., Ltd., becoming one of Xpeng Motors' ecological enterprises one.
Xpeng Huitian announced in October 2021 that it had completed more than US$500 million (currently about 3.625 billion yuan) in Series A financing, with a pre-money valuation of more than US$1 billion. This round of financing was led by IDG Capital, Xpeng Motors and others. (Source: IT Home)
Zhou Hongyi wants to sell Maybach to buy domestically produced new energy: Yu Chengdong, Li Bin and others “line up to deliver the car”
According to news on April 19, Zhou Hongyi, chairman of 360, recently released a video saying that he would sell the Maybach S600 that has been with him for 9 years and replace it with a domestically produced intelligent networked new energy vehicle to experience the feeling of a new generation car.
At the same time, he also said that he would welcome any domestic car-making friends who are willing to take this opportunity to provide him with a trial car.
Shortly after the video was released, Zhou Hongyi posted another video saying, “Both Yu Chengdong and Li Bin asked me whose car I would choose.”
Yu Chengdong also responded that he was willing to provide Lao Zhou with a trial car.
Not only Yu Chengdong and Li Bin, but also many domestic manufacturers have invited Zhou Hongyi to experience their own models.
For example, if you look up at the car, it means that the U8 car has been arranged for you; Geely Senior Vice President Yang Xueliang said that he recommends Jikrypton 009 Glory to meet your needs and match your temperament.
Chen Zhuo, President of Avita Technology, also said that he would arrange for a Huijin version of the Avita 12 that has just been launched; Haobin Automobile officials also recommended the upcoming 2024 Haobin HT in real-name terms.
In addition, there are Shenlan Automobile, Dongfeng Passenger Car and other brands.
The fastest one was Xiaopeng. That night, Xiaopeng Motors called Zhou Hongyi and said that the car had been delivered to the downstairs of your company.
Photos posted by Xpeng showed that the vehicle delivered to 360 downstairs overnight was the Xpeng X9 MPV. Xpeng Motors said the Xpeng X9 is spacious and smart. (Source: Kuai Technology)
Meta’s VR headset Quest 2 cuts price again
According to news on April 19, Meta announced a price reduction for Quest 2 and related accessories at the end of 2023, which will take effect on January 1, 2024. Among them, the 128GB version has been reduced from US$299.99 to US$249.99, while the 256G version has been reduced from US$349.99 to US$299.99.
Now, Meta has once again announced further price cuts for Quest 2 and related accessories through an official blog post. Among them, the 128GB version is currently only $199. However, there is no description of the 256G version, which is in relatively short supply, so it should not be included in further price cuts. (Source: Gelonghui)
Apple Beats Solo 4 headphone renderings exposed: 50 hours of battery life, no active noise reduction
According to news on April 20, German technology media WinFuture recently published a blog post, sharing information about Apple’s Beats Solo 4 wireless headphones, saying that they will be available in three colors: matte black, slate blue, and cloud pink, but there is still no active noise reduction (ANC). , uses dynamic head position tracking technology to provide a spatial audio experience, has a battery life of 50 hours, and is priced at 229.95 euros (currently about 1,775 yuan).
According to the exposed marketing materials, this headset is very suitable for daily wear, has a maximum battery life of 50 hours, and can play music for 5 hours after 10 minutes of charging. In addition, when paired with iOS devices, it also supports spatial audio experience with dynamic head position detection.
The headphones can connect via USB-C or 3.5mm jack for lossless high-fidelity audio playback, and can connect to iOS and Android devices via Bluetooth. Apple has revamped the internals and now promises a redesign to deliver a superior sound experience.
Apple has optimized the 40mm drivers inside these headphones, rebalancing the acoustics, improving frequency response, and specifically developing new transducers that reduce latency and reduce distortion, delivering superior clarity and breadth to the wearer. .
It should be noted that Apple's Beats Solo 4 wireless headphones still do not have active noise cancellation (ANC), and there are several digital beamforming microphones inside that can be used for calls. (Source: IT Home)
Fuji X Summit officially announced that it will be held on May 16 and is expected to launch the GFX100SⅡ camera
According to news on April 19, the Fujifilm
In addition to this new machine, Fuji X-T50 and XF16-50mmF2.8-4.5 may also be released this year, but they may not necessarily be released together on May 16. In addition, the GF500mmF5.6, which previously appeared on Fujifilm’s lens development roadmap, may also be released this year, but it may have to wait until later this year.
In fact, there have been rumors last year that Fuji will launch the GFX100S II in early 2024 to replace the current GFX100S, priced at about US$7,499 (IT House Note: currently about 54,368 yuan), which is lower than the US$9,999 of the original Fuji GFX100 .
According to reports, the GFX100S II is known as “Fuji's medium-format camera with the most powerful focusing performance in history.” It is expected to use a new 100-megapixel sensor and a 5th-generation processor. It has a new generation of focus tracking function that can detect and identify animals and vehicles. , birds, etc. In addition, the machine will also bring more new video features, such as video touch tracking for autofocus, waveform monitor and anamorphic widescreen mode. (Source: IT Home)
Astronomers gather more evidence that the solar system's true Planet Nine may exist
Astronomers have discovered more evidence of a mysterious planet at the edge of the solar system. Konstantin Bogkin and his team of astronomers based their latest research on a group of trans-Neptunian objects, which are located at the edge of the solar system beyond Neptune and orbit the sun at a distance more than 250 times that of Earth.
Astronomers don't typically observe these objects when searching for Planet Nine because they interact with Neptune's orbit.
However, Bogytin decided to pay special attention to these objects in order to better understand their movements. They conducted a series of simulations to understand how other objects in the solar system, including nearby giant planets and galactic tides, affected their orbits.
Models incorporating Planet Nine, a long-suspected but unconfirmed planet in the outer solar system, have proven to be the best explanation for the observed behavior. That's not the only possible explanation, Bogtin said, just the best and currently the strongest statistical evidence that it exists. (Source: cnBeta)
*Image source: Visual China
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