Podcasts News Winner Take All Winner Take All #014 | Alibaba + Walmart Earnings, WeWork IPO, Macy's Needs a Marketplace

Winner Take All #014 | Alibaba + Walmart Earnings, WeWork IPO, Macy's Needs a Marketplace

Published: Aug. 16, 2019, 3 p.m.

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Available on YouTube here: https://youtu.be/h8e0xJ6YmWo

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Notes from this episode -

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Walmart is Up!:

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\\u2022 Total revenue was $130.4 billion, an increase of $2.3 billion, or 1.8%. Excluding currency, total revenue was $131.7 billion, an increase of $3.7 billion, or 2.9%.

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\\u2022 Walmart U.S. eCommerce sales growth of 37% includes strong growth in online grocery.

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Alibaba Beat!:

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\\u2022 Revenue of 114.92 billion ($16.74 billion), according to the exchange rate in the earnings release. That was an increase of 42% year-over-year and better than the 111.73 billion yuan expected, according to Refinitiv data.

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\\u2022 EPS beat expectations by over 20%

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Macy\\u2019s down 10+%:

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https://finance.yahoo.com/news/macys-posts-48-drop-profit-121501023.html

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Nordstrom and Hudson Bay go private?:

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https://www.cnbc.com/2019/08/13/we-are-in-the-middle-of-the-great-american-department-store-shakeout.html

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WeWork ipo docs:

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https://www.vox.com/recode/2019/8/14/20804029/wework-ipo-tech-company-valuation

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C2FO 200mm: https://www.dealstreetasia.com/stories/softbank-vision-fund-c2fos-148647/

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