This 46-Year-Old CEO Bets $44.2 Billion on One Stock
by audi4cc | August 8, 2018 7:17 am
What Stock is Motely Fool. Here are some clues:
Currently, this company has:
•over 1 billion users on their social networking platform
•grown cloud computing[1] over 150%,
•one of the top video streaming platforms in the world
•the top news service in the world
•the most powerful gaming divisions in the world, doubling Sony’s revenue in 2017
Endnotes:
- cloud computing: https://www.stockgumshoe.com/tag/cloud-computing/
Source URL: https://www.stockgumshoe.com/2018/08/microblog-this-46-year-old-ceo-bets-44-2-billion-on-one-stock/
Sounds like Facebook to me
I take that back, it’s Google. CEO is 46. YouTube (owned by google) has over 1 Billion users. They check the cloud computing box, they’re everyone’s first stop for news and answers
Alex is right, but the only problem is that Sundar Pichai has sold 360,000 shares since 2016, including 180,000 shares in 2018 alone. He currently holds 505 shares of GOOGL and 70,377 shares of GOOG.
I doubt that it’s Facebook – I don’t think the numbers match… Isn’t there a Chinese company with both gaming and social networking? 2U-something or Tencent or whatever…
Chinese companies make me nervous for investing – accounting fakery up the wazoo, reverse mergers, the possibility of the government making massive changes, arresting CEO’s, whatever they feel like…
I didn’t see the Google remark before, but that makes a lot of sense to me, especially with the 46 year old CEO and the $44 billion magnitude narrowing down the field quite a bit.
The article said it was a company most likely haven’t ever heard of
Its roku
I don’t have access to Motley Fool, but the hint pretty clearly matches Tencent (HK:0700 or TCEHY are two ways I see it or its ADR listed). It’s valued at $52B (up from when the MF article was written), it is the world leader in online gaming, WeChat is a powerhouse in China, … The stock took a hit recently due to an earnings miss and the Chinese government and press (is there a difference?) is pressuring their gaming division by complaining about the harm it is causing society (shades of Tipper Gore?).
In the article it mentions that “In this report, Motley Fool co-founder David Gardner dives deep into three companies poised to run away with this opportunity potentially 23x bigger than Netflix.” ANY IDEA WHAT THESE 3 COMPANIES ARE? One definitely seems TCEHY, what are the other TWO?
https://www.usatoday.com/story/sponsor-story/motley-fool/2018/08/06/46-year-old-ceo-bets-44-2-billion-1-stock/903129002/
“46-year-old CEO”
-Ma Huateng · Age, 46 years old, Born Oct 29, 1971
“over 1 billion users on their social networking platform”
-WeChat has hit 1 billion monthly active users. businessinsider.com
“grown cloud computing over 150%”
-grew 121% to RMB 14,084 million, this is from April 2018
“one of the top video streaming platforms in the world”
-Tencent video
“the top news service in the world”
-Tencent Toutiao
“the most powerful gaming divisions in the world, doubling Sony’s revenue in 2017”
-Tencent beats out Sony and Activision for game revenues , businessinsider.com
Jinri Toutiao is not owned or associated with Tencent.
China’s Tencent Folds Yet Another Video Game Company Into Its Empire
Fortnite. Tencent owns 40% of Epic Games, makers of Fortnite, which is on track to make $2 billion this year. …
Ubisoft. …
Activision-Blizzard. …
Riot Games. …
Supercell. …
Take-Two Interactive Software.
Aug 30, 2018
You are right, here’s proof
https://www-fool-com.cdn.ampproject.org/v/s/www.fool.com/amp/investing/2018/07/31/heres-why-tencent-holdings-stock-is-a-buy.aspx?amp_js_v=a2&_gsa=1&usqp=mq331AQECAFYAQ%3D%3D#referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fwww.fool.com%2Finvesting%2F2018%2F07%2F31%2Fheres-why-tencent-holdings-stock-is-a-buy.aspx
Anyone get hard facts as to who this company is?
Could this be Twitch? It is owned by Amazon thus the cloud computing touch. The video streaming comment seems correct. But news service as Twitch doesn’t seem to fit.
maybe, I think it supposed to be an American company, so not China?
any updates?
Mary Anne Maitner I listened to the boring sales pitch and figured out from the little info they give you your get you to join what the company is (95% sure): Twitch Interactive, inc. It is a wholy owned subsidiary of Amazon. The product website is twitch.tv. HUYA is its trading symbol on the New York Exchange. If you research more info that would be useful to me…please let me know.
Just FYI, HUYA is a Chinese company that’s effectively a copy of Twitch, they do video streaming of gamers but not a lot else. Twitch is indeed owned by Amazon and, last I heard, was banned in China. That particular tease was definitely pointing at Tencent shares — by far the most valuable gaming-focused company in the world, built on top of their dominant Chinese messaging platforms, though that’s also hurting them recently as China cracks down on video game addiction and has held off on licensing new games (that licensing freeze could last well into next year).
Clickbait
Check this out
https://www-fool-com.cdn.ampproject.org/v/s/www.fool.com/amp/investing/2018/07/31/heres-why-tencent-holdings-stock-is-a-buy.aspx?amp_js_v=a2&_gsa=1&usqp=mq331AQECAFYAQ%3D%3D#referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fwww.fool.com%2Finvesting%2F2018%2F07%2F31%2Fheres-why-tencent-holdings-stock-is-a-buy.aspx
This points toward TCEHY Tencent Holdings.
zynga
If you do some easy research on Google. The secretive stock mentioned by Motley Fool is Tencent.
Stan Ceo Australian company