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Temu files new lawsuit against Shein after ‘intensified’ clash
Temu said its entry into the US market in late 2022 led to a decline of more than US$30 billion in Shein's valuation
December 14, 2023
Tech
Winners and losers in whirlwind US$1 trillion tech stock rout
The reversal for some of 2021’s hottest stocks makes tech one of the worst-hit sectors in the S&P 500
April 01, 2022
Tong's Portfolio
Tech's network effect' will create its own constraints on demand
We may now be entering the next phase, where disruptors are increasingly being disrupted themselves.
February 10, 2022
Tong's Portfolio
Adding Disney, Amazon and GM to Global Portfolio
After giving consideration to the prevailing market sentiment, we made several switches in the Global Portfolio.
June 04, 2021
Tong's Portfolio
Value stocks: What is a fair price to pay? Is a stock too expensive? And other stories
There are many stocks today that are trading at jaw-dropping market caps despite not showing a single dollar of profit yet.
April 30, 2021
Tech
Amazon plans lawsuit challenging loss of Pentagon cloud deal
(Nov 15): Amazon.com Inc has given notice that it will file a lawsuit challenging the Defense Department’s decision to award Microsoft Corp. a cloud computing contract valued at as much as US$10 billion ($13.6 billion) over a decade.
November 15, 2019
Investing strategies
Tech companies, network effect, universal apps: Where the future and the past are different, yet similar
SINGAPORE (Apr 29): A significant portion of the value we have seen created in technology has been credited to the network effect (or positive feedback loop) associated with digital platforms. Think Facebook, Apple, Amazon.com, Google (owned by Alphabet),
April 29, 2019
Tech
Google acknowledges mistakes on privacy issues as US seeks input
(Sept 26): Leading internet search engine Google will acknowledge that it has made “mistakes” on privacy issues in testimony an executive of the Alphabet Inc unit will deliver to a US Senate committee on Wednesday, according to a document reviewed by
September 26, 2018
Tech
Amazon touches US$1 tril, on pace to overtake Apple
(Sept 4): Amazon.com Inc on Tuesday briefly joined Apple Inc to become the second US$1 trillion ($1.38 trillion) publicly listed US company after its stock price more than doubled in a year as it grew rapidly in retail and cloud computing.
September 05, 2018
Startups, Entrepreneurs, Digital economy
Amazon's automated grocery store of the future opens Monday
(Jan 22): Amazon.com Inc will open its checkout-free grocery store to the public on Monday after more than a year of testing, the company said, moving forward on an experiment that could dramatically alter brick-and-mortar retail.
January 22, 2018