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MutuaValue
Tesla: Strategic Transition, Margin Compression, and the Rise of the Energy Segment
Tesla no longer defines itself merely as a car manufacturer, but as an integrated ecosystem of sustainable energy and artificial intelligence. While the Automotive segment remains the core revenue generator ($87.6bn in 2024), the growth dynamic has shifted significantly. The company is executing a major strategic pivot: moving from a phase of hyper-growth driven by vehicle volumes to a maturation phase characterized by cost optimization, software service development (FSD), a
Dec 11, 2025
Warner Bros, the Sale to Netflix Amidst Linear Model Exhaustion
Warner Bros. Discovery (WBD) stands as a premier media conglomerate formed from the merger of Discovery Inc. and WarnerMedia assets. The group controls one of the industry's deepest intellectual property portfolios (DC Comics, Harry Potter, HBO) and operates through three vertical segments: Studios (content production), Networks (linear channels like CNN, TNT, Discovery), and DTC (Direct-to-Consumer with the Max platform). Current Events: The Netflix Pivot The news shaking tr
Dec 5, 2025
Uber crosses a strategic threshold toward sustainable profitability
Uber Technologies kicked off 2025 with its strongest quarter yet: revenue of $11.5 billion (+14 % YoY) and net income of $1.8 billion,...
Jun 5, 2025
Pinduoduo: Anatomy of Engineered Hypergrowth
In less than a decade, Pinduoduo (PDD) has evolved from an unknown startup to a global e-commerce giant, surpassing $100 billion in...
Jun 4, 2025
Platform Monetization: How ARPU Shapes the Winners in Social Media, Video, and Streaming
Average revenue per active user (ARPU) has become a key metric for judging how well digital platforms monetise their audiences. Using...
Jun 3, 2025
Tech Titans 2024: Contrasting Profiles of the United States and China
Two super-powers, two profiles In 2024 the twenty-two largest U.S. technology companies generate roughly €2.44 trillion in revenue and...
Jun 2, 2025
Cambricon Technologies: Keystone of China’s AI-Chip Autonomy ?
Founded in March 2016, Cambricon Technologies Corporation Limited grew out of a Chinese Academy of Sciences (CAS) project launched in...
Jun 1, 2025
SMIC: China’s Foundry Between Rapid Expansion and Strategic Dependence
Between 2019 and 2025 Semiconductor Manufacturing International Corporation (SMIC) rose to third place among global foundries. Its...
May 31, 2025
Xiaomi in 2025: from smartphones to smart cars—building a global ecosystem
Activities and value creation Smartphones remain Xiaomi’s centre of gravity (still over half of revenue), but the group is accelerating...
May 30, 2025
JD.com: Vertical Integration and New Growth Drivers
A Fully Integrated End-to-End Retailer Founded in 1998 by Liu Qiangdong and listed on the Nasdaq since 2014, JD.com has become China’s...
May 29, 2025
Lenovo in the AI era: diversification, margins and outlook
Lenovo, the Chinese tech giant that became the world’s largest PC maker after buying IBM’s PC division in 2005, has radically widened its...
May 28, 2025
Alibaba: Re-igniting Growth Between Domestic Saturation and Global Expansion
Founded in 1999 as a simple B2B website, Alibaba has morphed into a digital empire spanning online commerce, cloud computing, logistics,...
May 27, 2025
Baidu 2025: reigniting growth through AI and the cloud
Founded in 2000 by Robin Li, Baidu long served as China’s main gateway to the internet. Its search engine—often dubbed “China’s...
May 26, 2025
Tencent: Can the Chinese Digital Colossus Still Accelerate Its Profitability?
With 1.4 billion active users on WeChat/Weixin, a record quarterly revenue of RMB 180 billion (+13 % in Q1 2025) and a 14 % rise in net...
May 24, 2025
Bilibili: Gen-Z video hub on the road to profitability
Bilibili has established itself as the cultural crossroads of China’s Generation Z: more than 340 million monthly active users, roughly...
May 24, 2025
PDD Holdings: From Pinduoduo to Temu, the Rise of an E-Commerce Giant
PDD Holdings Inc. is a digital commerce group. Its two flagship platforms dominate the business model: Pinduoduo, created in China in...
May 23, 2025
iFLYTEK: Chinese leader in voice and conversational AI
iFLYTEK is a Chinese leader in voice and language technologies, organised around several segments: automatic speech recognition (ASR) and...
May 22, 2025
Transsion: The Chinese Smartphone Giant for Emerging Markets
Transsion and Its Brands Transsion is primarily a Chinese manufacturer of mobile phones dedicated to emerging markets. Its flagship...
May 21, 2025
Tencent Music Entertainment (TME) 2019–2024: Chronicle of an Accelerated Transformation
Between 2019 and 2024, Tencent Music fundamentally reshaped its business model. The period began dominated by social karaoke and virtual...
May 20, 2025
China’s software sector
General Overview: A Market Still Hidden Behind Internet Giants Enterprise software has long been the blind spot of Chinese tech, media...
May 19, 2025
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