BROADCASTS.com

Published: Aug. 22, 2019, 3:35 p.m.

Available on YouTube here: https://youtu.be/lmjfCvDvRQc
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\nNotes from this episode -

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Uber v Lyft Deep Dive:

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Contribution margin is a measure of revenue vs. variable costs.

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https://s23.q4cdn.com/407969754/files/doc_financials/2019/Q2/Uber-Q2-19-Earnings.pdf

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https://investor.uber.com/news-events/news/press-release-details/2019/Uber-Reports-Second-Quarter-2019-Results/default.aspx

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Gross bookings growing at 37% on $15.75bn, expected 15.83?

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Revenue growing at 26% at $2.87

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Beat on earnings - lost $600mm vs. $900m

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Loss per share: $4.72, versus $3.12 expected

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Revenue: $3.17 billion versus $3.36 billion expected

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https://www.cnbc.com/2019/08/08/uber-earnings-q2-2019.html

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Lyft earnings:

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https://investor.lyft.com/news-releases/news-release-details/lyft-announces-record-second-quarter-results

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Lyft reported Contribution of $398.9 million versus $212.5 million in the second quarter of 2018, up 88% year-over-year. Contribution Margin increased to 46.0% from 42.1% versus the second quarter of 2018. 

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Adjusted net loss was $197.3 million versus an adjusted net loss of $176.5 million in the second quarter of 2018.

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Revenue to be between $3.47 billion and $3.5 billion (up from $3.275 billion and $3.3 billion)

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    Annual growth rate to be between 61% and 62% (up from 52% and 53%) 

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    Lyft market cap 15bn, uber 60bn

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Apple TV+ same name?!:

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https://www.polygon.com/2019/8/20/20813637/apple-tv-plus-launch-date-pricing-streaming-service

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Instagram shopping:

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https://edition.cnn.com/2019/08/19/tech/instagram-checkout-feature-hackers/

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PUBG Changes:

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https://www.polygon.com/2017/11/22/16690874/pubg-tencent-publishing-deal-socialist-values-playerunknowns-battlegrounds

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Usually, the last surviving player on the battlefield will receive the victory message: \u201cWinner, Winner, Chicken Dinner.\u201d Now, the last five players will be named the winner of the game. If players make it to the top five, the game will post a message to users informing them that they\u2019ve already won, and will ask whether they would like to continue.

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-tencent changes to publish pubG in china

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Defense, Freight & Logistics:

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Uber Freight continues to add new customers: Uber Freight added new shipping customers across the enterprise, middle market, and small- and medium-sized business segments. Our platform for shippers targets the underserved long tail of small shippers with an automated self-serve tool that helped drive 10X year-over-year revenue on the platform.

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PDD Earnings:

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https://www.investors.com/news/technology/pinduoduo-earnings-second-quarter-stock/

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Founded 2015,

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$878mm revenue expected, $1.06bn revenue actual

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$103bn gmv

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$83bn gmv, q1

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25% growth

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http://investor.pinduoduo.com/financial-information/quarterly-results

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