3.91BMarket Cap-31907P/E (TTM)
21.250High20.720Low892.86KVolume20.990Open20.920Pre Close18.62MTurnover0.65%Turnover RatioLossP/E (Static)188.51MShares27.95052wk High7.39P/B2.86BFloat Cap15.83052wk Low--Dividend TTM138.02MShs Float53.650Historical High--Div YieldTTM2.53%Amplitude6.660Historical Low20.849Avg Price1Lot Size
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Long/swing @ 16.90. SL if 15m closes below 16.25
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China's buy now pay later market is growing — but challenges remain, experts say
Buy now pay later services are a form of payment where consumers make purchases and pay them off over a period of time in several instalments, often interest-free. While BNPL is typically interest-free, some providers charge high late payment fees.
A few factors are fueling the "perfect storm" for the growing trend, according to Tuli. They include unprecedented low interest rates, the rise of online payment through "super apps" like Alipay and WeChat and extremely well-funded fintech start-ups eager to acquire new customers.
In addition, China's cashless society, huge e-commerce market and mobile and online shopping have become a ubiquitous to life in China, said Boh Wai Fong, deputy dean of Nanyang Business School at Nanyang Technological University in Singapore.
The Chinese BNPL sector emerged as one of the fastest growing markets in Asia-Pacific region, according to a survey by research and consulting firm PayNXT360.
According to the Q2 2021 BNPL Survey, BNPL payment in the country is expected to grow by 51.3% on an annual basis, and could reach $82.78 billion in 2021.
$Remitly Global(RELY.US)$$Grab Holdings(GRAB.US)$
Down to 25, the price-to-sales ratio is close to 9, and fourth-quarter revenue is expected to grow more than 50 percent year over year. Western Union's revenue rose 2.4 per cent year on year and its price-to-sales ratio was 1.3. Telegraphly is an Internet service, not SaaS, and it's just unappreciated. Industrial stock market sales rate can reach more than 10.
The company expects revenue of 445M to 450M for the current year, with revenue growth of 73% to 75% year on year. The market capitalization of the company was 5.82B at the close of November 10, corresponding to the price-to-sales ratio of 13.
Due to the lack of liquidity, the stock price rose slightly, but the future direction is not clear. If the market values year-over-year revenue growth, slower growth will hit stocks hard. The United States opened its borders this month to allow in more workers. And watch the stock market's feedback on telegraphly's earnings report.
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