#apps developer hk

[jeanwong]

The latest blockchain thunder! Labubu token collapse reveals the fatal injury of speculation frenzy, XBIT breaks out against the trend

According to a report from Bijie.com on June 20, a financial shock caused by trendy toy derivatives is continuing to ferment in the crypto market. The share price of Pop Mart (09992.HK) plummeted by 12.2% at the opening. The large-scale replenishment of its flagship IP Labubu series during the 618 promotion directly led to the collapse of the second-hand market price system. According to the latest data, the transaction price of Labubu 3.0 whole box has plummeted by 45% from the peak, and the unit price of the hidden "I" has been halved from 4,607 yuan to 2,851 yuan, a drop of 38.2%. This chain reaction caused by the adjustment of the supply side of the real economy is impacting the field of virtual assets with a domino effect - the Meme coin of the same name fell by more than 30% in a single day, and its market value shrank to 28 million US dollars. In this storm, XBIT (DEX Exchange) unexpectedly became the new darling of the market's risk-averse funds with its revolutionary blockchain technology architecture.

The collapse of the physical market triggered an earthquake in the virtual market

This crisis exposed the astonishing bubble ecology behind the financialization of trendy toys. Scalpers monopolized the supply through order grabbing software, and hyped up the price of Labubu dolls to 10-30 times the original price. This speculation model of "real asset securitization" is exactly the same as the hype logic of Meme coins in the crypto market. When Pop Mart launched market-based regulation measures, a chain reaction immediately occurred on the virtual asset side: the price collapse of the token of the same name triggered panic selling, and the liquidity crisis of the trading platform was imminent.

It is worth pondering that the traditional centralized exchanges exposed three fatal flaws in this incident: first, the exposure to price manipulation risks is huge; second, the security of user assets is completely dependent on the platform's credit; third, trading congestion is prone to occur when the market fluctuates. On the other hand, XBIT (DEX Exchange), with its smart contract automatic market maker mechanism (AMM) based on blockchain technology, has demonstrated amazing risk resistance in this crisis. When a centralized platform experienced system downtime due to the plunge of Labubu tokens, XBIT's on-chain trading system still maintained 100% availability, thanks to its distributed node architecture and cross-chain interoperability protocol.

Blockchain technology reconstructs the cornerstone of transaction trust

According to the data from the CoinWorld APP, within 72 hours of the Labubu token crash, the transaction volume of XBIT (DEX Exchange) increased instead of decreasing, surging 230% compared with normal days. Behind this set of contrasting data, the market reflects the urgent need for decentralized trading models. XBIT innovatively adopts zero-knowledge proof (ZKP) technology to achieve regulatory compliance while ensuring transaction privacy. Its independently developed "on-chain risk control engine" can monitor abnormal trading behaviors in real time and reduce the risk of market manipulation by 87%.

At the security architecture level, XBIT has built a multi-protection system: 95% of user assets are stored in multi-signature cold wallets, and smart contracts have passed security audits by 7 authoritative institutions such as CertiK and SlowMist Technology, and the transaction confirmation speed has broken through to 3 seconds per transaction. What is more noteworthy is its "oracle firewall" mechanism. When the price of off-chain assets fluctuates violently, the system can automatically trigger the circuit breaker protection, which successfully intercepted 12 abnormal large transactions in this Labubu token crash.

The blockchain apocalypse behind the speculative carnival

According to the report of Bijie.com, this crisis has sounded three alarm bells for the crypto industry: first, the hidden danger of Meme coin economic model lacking value support; second, the systemic risk brought by the excessive leverage of centralized platforms; third, the regulatory blind spot of cross-border linkage between physical assets and virtual assets. XBIT chief scientist pointed out in the latest AMA: "The real value of blockchain technology lies not in creating speculative tools, but in building a transparent and credible value circulation network."

In dealing with market panic, XBIT (DEX Exchange) has demonstrated unique crisis management capabilities. Its pioneering "liquidity pool insurance fund" mechanism automatically activated risk reserves in this incident to dynamically compensate the affected trading pairs. This innovation, which deeply integrates traditional financial risk control models with the decentralized characteristics of blockchain, marks the official entry of the DeFi field into the 2.0 risk control era.

Industry changes give rise to a new paradigm for exchangesIt is worth noting that the Labubu incident is reshaping the competitive landscape of crypto trading platforms. Data shows that within 48 hours after the incident, XBIT's newly registered users exceeded 150,000, of which 73% came from migration from traditional centralized exchanges. These "digital immigrants" value the three unique advantages of XBIT (DEX Exchange) the most:

Asset sovereignty revolution: users have full control over private keys and completely say goodbye to the risk of platform running away

Transaction transparency revolution: all order book data can be checked on the chain to eliminate black box operations

Ecological openness revolution: support the free flow of cross-chain assets and build a diversified investment portfolio

In terms of technological evolution, the "hybrid AMM 2.0" protocol developed by XBIT is particularly eye-catching. The protocol creatively combines the order book model with the liquidity pool mechanism, while maintaining the decentralized characteristics, reducing the slippage of large transactions by 65%. This technological breakthrough has caused institutional investors to re-examine the strategic value of XBIT (DEX Exchange).

Innovation breakthrough in regulatory sandbox

Faced with the tightening global crypto regulation, XBIT has chosen to actively embrace compliance. Its pioneering "regulatory node" mechanism allows licensed financial institutions to access on-chain data as observers, achieving audit transparency while protecting user privacy. This balancing act of "technical neutrality + regulatory friendliness" has made XBIT the first XBIT (DEX Exchange) to obtain the EU crypto asset service license.

In the field of investor education, the "Blockchain Academy" created by XBIT has trained more than 500,000 qualified investors. The platform's original "risk assessment matrix" can generate personalized investment strategies based on user position structure, transaction frequency and other data. This innovation that combines Web3.0 technology with traditional investment advisory services is redefining the industry standard for digital asset management.

The Labubu doll price collapse incident is like a magic mirror, reflecting both the dark side of the wild growth of the crypto market and the light of breakthrough of XBIT (DEX Exchange). While the traditional financial system is still hesitating at the crossroads of centralization and decentralization, XBIT has used technological innovation to prove that the ultimate form of the blockchain revolution is not to subvert the existing system, but to reconstruct trust through code, break the monopoly with transparency, and allow every participant to exchange value in the sun. This financial storm that started with trendy toys may be a historical opportunity to push the industry towards maturity.

[fotolaminatecanvera]

Best API of Horse Racing for Betting Platforms: Live Odds, Data Feeds & Profits Unlocked

Discover the most accurate and profitable API of horse racing with live odds, betting data feeds, and fast integration. Ideal for UK/USA markets and fantasy apps.

Introduction: Why Accurate Horse Racing APIs Matter in 2025

In the competitive world of sports betting and fantasy gaming, milliseconds and margins matter. When it comes to horse racing, success hinges on real-time, trustworthy data and sharp odds. Whether you run a betting exchange, fantasy app, or affiliate site, using the right horse racing API can mean the difference between profit and failure.

The API of horse racing offered by fantasygameprovider.com is engineered to meet this demand—providing live horse racing odds, race entries, results, and predictive analytics that align perfectly with the betting industry’s needs.

What Is a Horse Racing API?

A horse racing API is a service that delivers structured, real-time horse racing data to apps, websites, and betting platforms. This includes:

Live race updates

Racecard entries & scratchings

Odds feed (fixed & fluctuating)

Final results with payout info

Jockey, trainer, and form data

These are typically delivered in JSON or XML formats, allowing seamless integration with sportsbooks, exchanges, or fantasy game engines.

📊 Who Needs Horse Racing APIs?

Audience

Use Case

Betting Sites

Deliver live odds, matchups, and payouts.

Fantasy Sports Platforms

Use live feeds to auto-update scores & leaderboards.

Betting Tipsters/Affiliates

Showcase predictive models based on fresh data.

Mobile Apps

Enable live race streaming with betting APIs.

Trading Bots

Automate wagers with low-latency horse racing data.

Why Choose FantasyGameProvider’s Horse Racing API?

Unlike basic feeds, our API is tailored for commercial use. Here's why it stands out:

Feature

FantasyGameProvider

Other APIs

Live Odds Feed

✅ Updated in <2s

⚠️ 5–15s delay

Global Racing

✅ UK, USA, AUS, HK

⚠️ Limited coverage

Data Format

✅ JSON + XML

⚠️ JSON only

Accuracy

✅ Enterprise-Grade (99.9%)

⚠️ Variable

Predictive Insights

✅ AI-Driven Models

❌ Not Included

Betting Integration

✅ Easy with Betfair, SBTech

⚠️ Manual setup required

Our horse racing odds API not only mirrors UK and USA live betting markets, but also lets you build automated bet triggers and smart notifications for sharp edge betting.

💸 How Betting Businesses Profit with Horse Racing APIs

If you're running a betting website or fantasy sports app, here's how the API of horse racing can boost your ROI:

Real-time updates = More active users

Faster odds delivery = Better arbitrage potential

Accurate results = Fewer payout disputes

Live data = Higher session times (ideal for monetizing with ads)

Custom alerts = VIP features for paid subscribers

Fantasygameprovider.com also allows white-label API integration to match your brand.

How to Choose the Right Horse Racing API – Checklist ✅

Make sure your API includes the following:

✅ Live odds feed with fast refresh rate (sub-2 seconds ideal)

✅ Coverage of all major race tracks (UK, USA, AUS)

✅ Reliable JSON & XML format

✅ Built-in historical data & form guide

✅ Scalable architecture for high traffic

✅ Supports Betfair, Oddschecker, and other exchanges

✅ Licensed data provider

Our API meets all these criteria and goes further by offering automated betting signals and predictive race modeling—key for next-gen apps.

Betfair API vs FantasyGameProvider: Which Is Better?

Feature

Betfair API

FantasyGameProvider

Odds Feed

Excellent (exchange-based)

Excellent (market + exchange)

Historical Data

Partial

Full form + performance stats

Developer Simplicity

Moderate

Plug-and-play REST endpoints

Support

Community-based

24/7 Support

Customization

Limited

High (webhooks, triggers, filters)

Pricing

Tiered

Affordable & negotiable plans

Conclusion: If you want full access to live odds, race data, and fast integration without the steep learning curve, fantasygameprovider.com offers better developer flexibility and betting UX.

Data Feeds You Get with Our Horse Racing API

Racecards & scratchings feed

Real-time results feed

Odds feed (fixed, fluctuating, exchange-compatible)

Form & stats feed

Track conditions feed

Horse/jockey/trainer history feed

Automated alerts for betting patterns

Formats available: JSON horse racing data & horse racing XML feed.

FAQs: Betting-Focused Horse Racing API Questions

Q1. Which is the most accurate horse racing API in 2025?

FantasyGameProvider offers 99.9% accuracy with sub-2-second update latency, ideal for professional and retail bettors alike.

Q2. Can I use this API for UK and USA horse racing?

Yes, our UK racing odds data and USA racing API are both available with full schedule and live result support.

Q3. Is your horse racing API suitable for Betfair automation?

Absolutely. Many of our clients use it to build Betfair trading bots using our odds feed and predictive race data.

Q4. Do you offer free trials or sandbox testing?

Yes. Developers can access a sandbox environment to test endpoints before committing.

Q5. What’s the difference between JSON and XML feeds?

JSON is faster and easier to integrate, while XML is preferred for legacy systems. We offer both to suit all tech stacks.

🚀 Start Winning with the Best API of Horse Racing

If you’re serious about building a winning betting platform, profitable tipster site, or a fantasy sports engine, you need the most accurate and commercial-ready API in the industry.

At fantasygameprovider.com, we give you everything:

✅ Live odds ✅ Fast results ✅ Race cards ✅ Predictive models ✅ Betfair compatibility ✅ Global reach (UK, USA, AUS, more)

👉 Ready to dominate the betting space with live horse racing data? Visit fantasygameprovider.com and request your API demo today.

[zohaibyter]

Meta's suing an AI app you've probably seen – and wish you hadn't

Meta is now suing the maker of one of the AI “nudify” apps, which, with the growth of generative AI, are now plaguing the internet. The tech giant has filed a lawsuit against Joy Timeline HK Limited, which has developed an app called Crush AI.  In the lawsuit, filed in Hong Kong, Meta claims that Crush AI has made several attempts to circumvent Meta’s ad review process and is allegedly continuing…

[cavenewstimestoday]

Meta sues maker of Crush AI nudify app over Facebook and Instagram ads

Serving tech enthusiasts for over 25 years. TechSpot means tech analysis and advice you can trust. What just happened? Meta’s mission to crack down on AI “nudify” programs has led to it suing the maker of one of these apps. The social media giant has launched a lawsuit against Joy Timeline HK Limited, which developed an app called Crush AI. In the suit, which has been filed in the company’s home…

[rawstorys]

Meta Files Files Crushai sued against the 'Nudifa' app's developer

Facebook Chief Executive Officer Mark Zuckerberg on April 14, 225, at Washington, DC. Barrett Pretman left the United States House. Andrew Harichek | Getty Meta The social media company said on Thursday that with the help of others, using AI technology, the APP allowed the app to promote the app to promote the app to promote its services. The case is against the Joy Timeline HK Limited, which…

[industrystudyreport]

U.S. Laundry Facilities & Dry-Cleaning Services Market: Sustainability Practices

U.S. Laundry Facilities & Dry-Cleaning Services Industry Overview

The U.S. Laundry Facilities and Dry-Cleaning Services Market, with an estimated size of USD 15.75 billion in 2024, is projected to grow at a CAGR of 6.3% from 2025 to 2030. This growth is driven by the increasing number of Americans living in urban areas with limited in-unit laundry options, making professional services essential. Additionally, busy schedules are fueling demand for time-saving services, particularly those offering pickup and delivery, likely supporting market growth.

Technological advancements have significantly contributed to this market growth. Over the last decade, the integration of digital platforms, automation, and smart laundry systems has enhanced efficiency and customer experience. A key innovation is the adoption of sophisticated software and mobile applications that allow consumers and businesses to easily book services, schedule pickups, and track their laundry in real-time, leading to increased service usage.

Detailed Segmentation:

Type Insights

The demand for retail laundry/dry cleaning services is expected to grow at a CAGR of 7.0% from 2025 to 2030. Retail laundry and dry-cleaning services are increasingly popular in the U.S. for convenience and time savings. Many individuals, especially busy professionals, find that outsourcing laundry allows them to focus on other tasks or enjoy downtime. These services are particularly useful for large or delicate items like duvets, rugs, and suits that require specialized care. In addition, dry cleaning preserves fabric quality, texture, and shape, helping clothes last longer and reducing the need for frequent replacements. This combination of convenience and garment care makes dry cleaning appealing to many.

Regional Insights

The demand for laundry facilities & dry-cleaning services market in the southeast U.S. is expected to grow at a CAGR of 6.8% from 2024 to 2030. The Southeastern U.S. has experienced significant population growth, outpacing the national average by nearly 40% over the past 50 years, largely driven by remote work and a desire for less dense living environments, according to a blog published by HKS Inc. in September 2022. This influx of residents and businesses, including numerous Fortune 500 companies relocating to cities like Raleigh and Atlanta, has spurred economic expansion exceeding 10% in 2021. As the region continues to attract diverse industries, the demand for laundry facilities and dry-cleaning services is expected to rise. This growth presents opportunities for businesses to establish services that cater to the evolving needs of a larger, more dynamic population.

Gather more insights about the market drivers, restraints, and growth of the U.S. Laundry Facilities & Dry-Cleaning Services Market

Key Companies & Market Share Insights

The market is highly fragmented, with a mix of national chains, regional players, and numerous small independent operators competing for market share. Major brands like Tide Cleaners and Lapels Dry Cleaning have established strong brand recognition, while others like Comet Cleaners and CD One Price Cleaners appeal to cost-conscious customers with competitive pricing. The market is influenced by urbanization trends, with demand highest in densely populated areas where many rely on external laundry services. As convenience becomes a key factor, on-demand laundry services and mobile app-based solutions are also gaining traction, intensifying competition within this evolving landscape. 

Key U.S. Laundry Facilities & Dry-cleaning Services Companies:

CSC ServiceWorks, Inc.

Lapels Dry Cleaning

Yates Dry Cleaning & Laundry Services

ByNext

Lavatec Laundry Technology GmbH

E-Laundry LLC

Tide Cleaners

Rinse, Inc.

ZIPS Dry Cleaners

The Huntington Company

Order a free sample PDF of the Market Intelligence Study, published by Grand View Research.

Recent Developments

In September 2024, Tide Cleaners and Tide Laundromats announced the expansion of their new locations in Florida. This growth reflects Tide's ongoing strategy to broaden its footprint in key markets, offering both dry-cleaning and laundry services. The new Florida locations aim to provide customers with convenient, high-quality garment care solutions backed by Tide's trusted brand. This expansion is part of the company's commitment to meeting the increasing demand for reliable and accessible laundry and dry-cleaning services across the region.

In July 2024, Lapels Cleaners announced the expansion of its operations in North Carolina by opening new locations, further growing its presence in the state. The company, known for its environmentally friendly cleaning services, continues offering signature dry-cleaning solutions focusing on sustainability and customer convenience. This expansion is part of Lapels' broader strategy to increase its footprint in key regions, providing residents access to eco-friendly garment care through innovative processes and technology. The new locations aim to meet the area's rising demand for green cleaning services.

In June 2024, ZIPS Cleaners announced a partnership with Mulberrys Garment Care in a strategic move to expand its service offerings. This partnership aims to combine ZIPS' affordable one-price dry-cleaning model with Mulberrys' premium, eco-friendly garment care services. By working together, the companies seek to provide a broader range of dry-cleaning and laundry solutions, appealing to customers who prioritize both cost-effectiveness and sustainability. The collaboration is set to enhance the reach and capabilities of both brands in the garment care industry.

[inkovsky]

On the day when the budget was announced, the Hang Seng Index opened 204 points higher at 23,238 points, and the increase expanded to 939 points in the afternoon, reaching a three-year high of 23,973 points. It rose 753 points or 3.27% to 23,787 points throughout the day; the Technology Index rose 254 points or 4.47% to 5,953 points. The main board traded HK$370.1 billion .

Hong Kong stocks rebounded on Wednesday (26th), with high market turnover and continued inflow of northbound funds, reflecting a strong market bottom. In addition, it was rumored that DeepSeek planned to release its new generation AI model R2 ahead of schedule, further boosting the sentiment of Hong Kong stocks. As long as the Hang Seng Index remains above the 10-DMA (22,919), it is not advisable to be bearish.

European stock markets hit a record high, with the pan-European Stoxx 600 index rising 1.15%, surpassing last week's intraday high, and still closing up 0.99%; French and German stocks both closed up more than 1%, while British stocks rose 0.72%.

The panic in the market has temporarily eased. US stocks developed individually on Wednesday. The Dow Jones Industrial Average opened slightly higher by 14 points, and then rose 245 points in the early stage, reaching a high of 43,866 points. However, dragged down by US President Trump's tariff remarks, the Dow Jones Industrial Average once fell 302 points to a low of 43,318 points; the S&P 500 rose as much as 0.92%, and the Nasdaq, which is dominated by technology stocks, rose 1.36%.

At the close of the US stock market, the Dow Jones Industrial Average fell 188 points, or 0.43%, to 43,433 points; the S&P 500 rose slightly by 0.01% to 5,956 points; and the Nasdaq rose 48 points, or 0.26%, to 19,075 points.

The U.S. dollar index rose as much as 0.33% to 106.654, the euro fell 0.37% to $1.0475, and the yen fell as much as 0.58% to 149.89 per dollar, before stabilizing. Bitcoin once again plunged 8% to a low of $82,335.

South Korea has imposed an indefinite ban on downloading the DeepSeek app. At the end of last month, Italy took the lead in completely banning DeepSeek. The United States, Japan, India and other countries have also banned or censored it to varying degrees.

[datahkg]

Data HK: Understanding the Role of Hong Kong's Data and Its Impact

Data HK: Understanding the Role of Hong Kong's Data and Its Impact

Hong Kong, a vibrant city known for its financial prowess, has also become a significant player in the world of data analytics and technology. The term "Data HK" can refer to various types of data originating from or related to Hong Kong. From statistical data used in government decision-making to the evolving role of data in the gambling and lottery sectors, Data HK plays a crucial role in many industries. This article will explore the significance of data in Hong Kong across different sectors, with a special focus on its role in lottery and gambling.

1. Government Data and Open Data Initiatives

In recent years, the Hong Kong government has made significant strides in promoting the use of data for transparency and better decision-making. Through initiatives like the "Open Data" portal, various government departments and public organizations make their data freely available to the public. This includes information on health, transportation, economic indicators, and more.

Open Data Portal: This portal offers a wide variety of datasets, including statistical data on population, employment, and more, aimed at fostering innovation and supporting businesses in making data-driven decisions.

Smart City Initiative: As part of Hong Kong's Smart City vision, the government is investing in data-driven projects to improve public services and enhance residents' quality of life. Technologies such as the Internet of Things (IoT), artificial intelligence (AI), and big data are expected to transform urban living and create opportunities for tech startups and entrepreneurs.

2. Hong Kong and the Gambling Industry: A Focus on Data in Lottery and Betting

One of the most recognized forms of data in Hong Kong is related to the gambling industry, especially in the context of lottery games like Mark Six. The Hong Kong Jockey Club (HKJC), which runs the Mark Six lottery, provides detailed statistical data about past draws, trends, and number frequencies to help players make informed decisions.

Mark Six Lottery Data

The Hong Kong Mark Six lottery is a popular gambling game in the city, where participants choose six numbers from a pool, and the results are drawn periodically. The HKJC provides extensive data about previous draws, helping gamblers analyze number patterns, frequency of certain numbers, and trends over time.

Past Draws and Trends: Detailed data about previous Mark Six draws can be analyzed by players who believe certain number combinations might appear more frequently. Such data includes information on hot and cold numbers, frequency charts, and historical patterns.

Winning Numbers and Statistical Analysis: Analysts and enthusiasts often use statistical tools to forecast potential winning combinations, though the lottery remains a game of chance. Many websites and apps provide users with downloadable datasets and predictions based on previous data.

Impact of Data in Gambling:

With the rise of online betting platforms, data plays an increasingly important role in the world of gambling. Operators now leverage sophisticated data analytics tools to track user behavior, detect fraud, optimize betting odds, and personalize gambling experiences.

For example:

Big Data Analytics: By analyzing large volumes of betting data, operators can tailor promotions, detect irregular betting patterns, and prevent problem gambling behaviors.

Customer Behavior Insights: Data from customer interactions helps companies optimize user experiences, from offering personalized bets to developing loyalty programs.

3. The Role of Data in Business and Financial Services

Hong Kong is a global financial hub, and data plays a crucial role in its business and financial services. Banks, investment firms, and financial institutions leverage data to make informed decisions about investments, risk assessments, and market trends.

Financial Data and Market Insights: Investors and analysts rely on vast amounts of financial data, including stock market prices, trading volumes, and company earnings reports. Hong Kong's stock exchange (HKEX) is a key provider of financial data.

Risk Management and Fraud Prevention: With the use of big data, banks and financial institutions in Hong Kong are better equipped to detect fraud, assess credit risk, and ensure regulatory compliance.

4. Data Privacy and Security in Hong Kong

As a financial hub, Hong Kong is also a focal point for concerns regarding data privacy and security. The government has taken steps to improve data protection through legislation such as the Personal Data (Privacy) Ordinance (PDPO), which regulates the collection and use of personal data. However, with increasing amounts of personal and financial data being collected, ensuring privacy and protecting data from cyber threats remains a critical issue.

Cybersecurity Challenges: The growth of online services, especially in financial sectors and gambling platforms, has heightened the need for strong cybersecurity measures.

Data Protection Laws: Hong Kong's Personal Data Privacy Ordinance (PDPO) provides legal protections for individuals' personal data and aims to ensure that businesses collecting personal information are held accountable for its security and use.

5. Data-Driven Innovation and Future Trends

Looking ahead, Hong Kong is expected to continue advancing its use of data in sectors like fintech, healthcare, education, and transportation. Some of the key trends shaping the future of data in Hong Kong include:

AI and Machine Learning: Data-driven innovations in AI and machine learning are set to revolutionize industries like finance, healthcare, and transportation. AI algorithms can process massive datasets to provide predictive analytics and improve decision-making.

Blockchain Technology: Blockchain has the potential to further secure data transactions in various industries, particularly in finance, by providing transparent and immutable records.

Smart City Technologies: Hong Kong is working towards becoming a smart city, where data collected from various sensors, devices, and systems will be analyzed to enhance urban planning, resource management, and public services.

Conclusion

Data HK represents a broad range of data-related activities and industries in Hong Kong. From government open data initiatives to its crucial role in the financial and gambling sectors, data is transforming the city's economy and society. As the city continues to invest in technology and data-driven solutions, the potential for innovation and growth is immense, making it an exciting time to watch the development of data in Hong Kong.

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[vfs1jaipur]

Top 10 Most Valuable Companies in the World by Market Cap in 2024

The selection of the most expensive firms by market capitalization provides an idea of economic force and innovative technology and Stock Market in the constantly changing world of international business. The oil and technology industries rule on the list of the top 10 most valuable firms as of 2024, while the financial services industry has an important effect as well. Here’s a detailed look at these global giants:.

Rank

Company

Sector

Market Cap (in USD)

Country

1

Apple INC.

Technology

$3.003 T

USA

2

Microsoft (MSFT)

Technology

$3.151T

USA

3

Saudi Aramco

Oil & Gas

$1.820 T

Saudi Arabia

4

Alphabet (Google)

Technology

$2.177 T

USA

5

Amazon

E-commerce

$1.886 T

USA

6

Tesla Inc. (TSLA)

Technology

$1.820 T

USA

7

NVIDIA Corporation (NVDA)

Social Media

$1.255 T

USA

8

Berkshire Hathaway

Diversified Investments

$885.12 B

USA

9

Meta Platforms Inc. (META)

Social Media

$845.02 B

Taiwan

10

Tencent Holdings Ltd. (0700.HK)

Social Media

$790.50 B

USA

1. Apple Inc. (AAPL)

With a market cap surpassing $3 trillion, Apple remains the most valuable company in the world. The tech giant continues to lead with its innovative products, including the iPhone, Mac and Apple Watch, as well as its expanding services segment, comprising the App Store, Apple Music, and Apple TV+.

2. Microsoft Corporation (MSFT)

Microsoft, whose market capitalization is more than $2.5 trillion,. The growth of its enterprise software (Office 365), games (the Xbox 360), and cloud computing services (Azure's) is what propels its success. The company's market position has been reinforced by its strategic purchases and AI integration.

3. Saudi Aramco (2222.SR)

With a market valuation of around $2.2 trillion, Saudi Aramco, the biggest oil company in Saudi Arabia, is still an important player. The largest oil producer in the world, Aramco manages its historical and future energy portfolio with judicious investments in sources of clean energy and steady prices for oil.

4. Alphabet Inc. (GOOGL)

Alphabet, the parent company of Google, has a market valuation of almost $2 trillion. Growth continues to be motivated by Google's strength in digital advertising and by its moves into computing in the cloud (Google Cloud life sciences, autonomous vehicles (Waymo) and cloud computing).

5. Amazon.com Inc. (AMZN)

With a market value of around $1.7 trillion, Amazon is still the industry leader in cloud computing and e-commerce (AWS). The company's strong market position is further reinforced by its development into sectors like as healthcare and logistics, in addition to its Prime membership network.

6. Tesla Inc. (TSLA)

The sustainable energy and electric vehicle business Tesla is valued at more than $1.2 trillion on the market. Its developments in autonomous driving, battery technology, and global plant growth place it at the forefront of the automobile industry's future.

7. NVIDIA Corporation (NVDA)

NVIDIA, a pioneer in artificial intelligence (AI) and graphics processing units (GPUs), is valued at around $1.1 trillion on the market. The business is positioned as a key participant in the IT ecosystem because of its contribution to AI research, gaming, and data centers.

8. Berkshire Hathaway Inc. (BRK.A)

With a market capitalization of over $900 billion, Berkshire Hathaway owned by Warren Buffett, is still thriving thanks to its wide portfolio. The conglomerate has substantial stakes in publicly traded firms like Apple & Coca-Cola in addition to investments in utilities, insurance and trains.

9. Meta Platforms Inc. (META)

The market value of Meta, once known at Facebook, is in $850 billion. Its valuation is influenced by its investment in virtual reality (Oculus Go), the wider universe, and its steady rise in advertising revenue.

10. Tencent Holdings Ltd. (0700.HK)

Chinese tech company with a market valuation of over $800 billion completes the top ten. Noted for its gaming, monetary and social networking services (WeChat), Tencent's vast presence over multiple online environments strengthens its place among the most valuable firms abroad.

The Indian Stock Market Perspective

The Indian Stock Market is vital to the global economy, although big transnational titans rule the entire global market. Reliance Industries Limited, Tata Consultancy Services (TCS), and Accenture are a few of the top companies that have been liable for the size of the Indian market. India is still a popular destination for foreign investors due to its thriving tech sector, increasing customer base & massive building consumption.

In conclusion,

The most valuable companies according to theirStock Market value in 2024 shows how the energy & technology industries are controlled, with the banking sector making substantial contributions as well. As these foreign behemoths carry on growing & maturing and their prices reflect not simply the current profitability but also the ability to shape what becomes of worldwide economy in the future,.

[sultanaislammow]

Oriental Selection still has a long way to go

In Yu Minhong's plan, Oriental Selection "will build an excellent agricultural and life industry chain." He mentioned the need to establish a three-dimensional sales platform to serve more Chinese merchants. In addition to HE Tuber  Douyin, this three-dimensional sales platform will also consider other platforms and even build its own platform.

But what is the result? At the end of February this year, Oriental Selection also disclosed its first performance report after the name change. In addition to revenue growth, during the six months of the reporting period, Oriental Selection's GMV (gross merchandise transactions) reached 4.8 billion yuan, of which self-operated products contributed Sales revenue of 1.089 billion yuan, and third-party products generated commission service revenue of 677 million yuan. The two incomes accounted for 85% of the total revenue, while the revenue of the traditional education sector was only 295 million yuan, and the proportion shrank to 14%. The revenue and profits disclosed in the report were lower than market expectations.

At the same time, Oriental Screening CEO Sun Dongxu and CFO Yin Qiang successively reduced their holdings by nearly 5 million shares, cashing out at a high level of nearly HK$280 million. This unexpected reduction directly caused Oriental Screening's stock price to plummet 20% that day.

Tianfeng Securities analyzed this in a research report and stated that the decline in GMV was one of the main reasons for the correction in Oriental Selection’s stock price. In addition, the reduction of holdings by Oriental Selection executives was also the reason for the decline in the stock price. "Recently, Oriental Selection's GMV has averaged between 20 million and 30 million yuan per day, which has dropped significantly from the 40 million to 50 million yuan before the Spring Festival. On the one hand, the reason is due to the off-peak consumption season and offline recovery; on the other hand, On the other hand, due to the impact of the epidemic two years ago, the pace of launching new self-operated products after the new year will be slow.”

In terms of goods, in March this year, Oriental Selection was included in the hot search for "the wild white shrimps sold in Ecuador are actually farmed." Last year, there were precedents of high-priced corn incidents and moldy peaches growing hairy incidents. The control of the supply chain Obviously, Eastern Selection requires continuous improvement. As a company that makes a living by selling agricultural products, apart from the anchor halo and conceptual packaging, only "product power" is the key factor that can help it go further.

Looking back at the stock price of Oriental Selection, it has fallen by about half from its high point in January this year. This reminds Oriental Selection to a certain extent: the temporary hype will eventually pass, and we should continue to think about the possibilities and solutions for our own business development. It is an eternal proposition.

At present, "Oriental Selection Beautiful Life" has undoubtedly supported the performance growth of Oriental Selection, but is this phenomenon sustainable? Where is the next "Oriental Selection Beautiful Life"? How to increase profits while improving product capabilities? Dongfang Selection obviously still has a long way to go in the future.

Oriental Selection has actually understood this, so it has gone further and further on the road of "diversification". On the one hand, it has opened two accounts, "Oriental Selection Official Account" and "Oriental Selection Member", on the WeChat video account, and launched the Oriental Selection Selection WeChat mini program; on the other hand, there are also Oriental Selection flagship stores on Tmall and JD.com. In September last year, Oriental Selection also launched an independent e-commerce APP.

As for Dong Yuhui, his work focus is actually much more than just carrying goods on the main account of "Oriental Selection". Since the beginning of this year, Oriental Selection has launched a new live broadcast format of "live broadcast + cultural tourism" through its matrix account "Oriental Selection Views the World". Dong Yuhui has become the resident anchor. In addition to bringing goods, he has found a new working status. Perhaps, it is not that Dongfang Selection "does not rely on Dong Yuhui", but that Dong Yuhui's personal value is no longer limited to a single field.

Source: Guosen Securities

An excessively high influence weight increases the probability of uncontrollable events. On the one hand, judging from the gender and age distribution data of Oriental Selection fans, there are more women among them, and 24 to 40 years old account for 70% of the total number. Many of them are the well-known "mother-in-law" of Dong Yuhui. The main fan group, their "love" for Dong Yuhui can be seen.

On the other hand, in the past few years, the issue of "head-oriented" anchors has been the focus of the industry, and the de-celebrification of head anchors has also become an industry trend. With the development of Oriental Selection, it is only time to gradually "de-celebrify Dong Yuhui" question.

There are also specific actions to follow. Starting from November last year, Dong Yuhui’s live broadcast time was adjusted from 7-10pm to 7-9pm every night. At the same time, Dong Yuhui’s personal cartoon image was previously on the packaging of Oriental Selection’s self-operated brand Sirloin Steak, but the new packaging has removed the image.

A cruel reality is that no live broadcast room can continue to be popular with one style. By creating an artistic conception of "life is not only about the present, but also poetry and the distance", Dong Yuhui captured the idealistic feelings of the public, but a kind of Audiences will inevitably feel tired after listening to the content for a long time. The recent difficulty in maintaining the 100,000 traffic mark in the Oriental Selection live broadcast room is a side proof.

[zannatykhatun]

Keep is on the market, and the hardware has made great achievements

After several twists and turns, Keep was listed on the Hong Kong Stock Exchange as expected, and the stock price remained stable in the first two days of listing. Looking through the prospectus, smart sports hardware is Keep's main revenue pillar. Single products such as spinning bikes and smart treadmills have outstanding sales. The lack of new hot products is a hidden concern.

The smart sports hardware market has HE Tuber broad prospects, but users are picky. Can manufacturers come up with more new products that are both creative, practical and cost-effective?

On July 12, Keep, the “first sports technology stock”, officially listed on the Hong Kong Stock Exchange. This is also the first local Internet startup company to be listed in Hong Kong after two years.

Keep’s listing process has been full of twists and turns. The intraday price break on the first day of listing also shows that investors are still worried about Keep's prospects. Fortunately, as of the close of trading on July 13, Keep’s market capitalization stabilized at over HK$15 billion, which is considered to be a slightly firmer footing.

Looking through Keep's prospectus, we can find that although Keep first made its fortune through paid courses and various co-branded badges, the hardware business is the mainstay of its revenue.

Founder Wang Ning once said: We don’t want Keep to be just a fitness APP in the eyes of users, “We are actually a lifestyle brand.” To endorse a lifestyle, Keep must grasp both software and hardware, and be ruthless with both hands.

Under the leadership of Keep, can smart sports hardware enter a new era?

1. Keep successfully rings the bell and makes great contributions to the hardware business

In the development history of Keep in just a few years, the priorities of its main businesses of paid content, subscription membership, advertising and smart sports hardware have been changing.

From 2015 to 2018, Keep was in its entrepreneurial exploration period, positioning itself as a “mobile fitness tool” with paid content as its main business. Although Keep also has a hardware business at this stage, it mainly focuses on equipment purchase guidance and does not essentially break away from the ranks of content services.

Taking 2018 as the dividing point, Keep began to think about new models for traffic monetization. There are two main reasons for this change. First, the platform already has a considerable user scale, with a cumulative user base of more than 140 million. Second, the traffic dividend of the mobile Internet has dried up rapidly, and the user growth rate has slowed down significantly.

There are two new monetization methods Keep chose at that time:

Establish a membership subscription system

Expand offline business

Keepland, which had hundreds of stores across the country at its peak, was the product of this year. As Keep's key markets, Beijing and Shanghai, two first-tier cities, each have nearly 20 stores. In the following two years, Keep also successively launched upgraded products such as Keep Selected Gyms, and reached cooperation with traditional offline gym chains.

However, the sudden epidemic interrupted Keep’s offline expansion rhythm. Data from Sansity Cloud shows that from 2020 to 2021, the number of domestic (broadly defined) fitness venues has recorded a year-on-year decline, and average consumer spending has also decreased.

Beginning in the second half of 2020, Keepland stores in various locations announced their closure one after another, until they completely withdrew from Shanghai and retreated to their base camp in Beijing. From the aggressive expansion to the sad exit, it only took 3 years.

After the offline business shrank, Keep entered the third stage of development - the "lifestyle brand" construction period that Wang Ning has been emphasizing now.

[ailtrahq]

[PRESS RELEASE – Zug, Switzerland, October 4th, 2023] MEXC Ventures, a subsidiary of MEXC’s global cryptocurrency exchange MEXC, has announced a significant investment in The Open Network, the largest layer-1 investment the firm has ever made. This investment works alongside a strategic partnership with The Open Network (TON) Foundation. This symbiotic partnership represents the shared vision of both companies in promoting global Web3 accessibility by lowering the barriers to entry. MEXC Ventures’ investment, the highest amount it has committed to any layer-one blockchain, is just one part of MEXC’s broader efforts to bolster the growth of TON’s ecosystem. MEXC Ventures’ investment support of TON-based projects, such as Megaton Finance, TONPlay, Fanzee, and Sonet, is already well underway, and the venture firm plans to continue funding TON-based mini apps and projects. MEXC’s exchange will also provide marketing services and promotion for the TON-based projects they list on their platform. To further empower a commitment to The Open Network, MEXC exchange will also introduce 0% trading fees for Toncoin and plan to provide a TON collateral lending service in the near future. TON Foundation acts as a bridge, connecting nearly 800 million monthly active Telegram users to Web3 and true asset ownership. The team is dedicated to transforming TON into an accessible platform as a simple gateway to Web3, enabling more users to acquire cryptocurrency assets swiftly and conveniently. With the support of MEXC Ventures, TON Foundation’s goal is to catalyze the creation of a Web3 ecosystem within the Telegram app– transforming the social messenger platform into a massive traffic entry point for easy access to crypto assets. “By working with MEXC, we will bring global access to the decentralized Web3 ecosystem in Telegram,” said Justin Hyun, Director of Growth at TON Foundation. “Our Foundation is committed to promoting a user-centric experience for The Open Network community. MEXC’s support significantly strengthens our potential to build new tools and services for developers and applications that make crypto feel indistinguishable from social media for users.” TON’s native cryptocurrency, Toncoin, is used for executing smart contracts, utilizing decentralized applications (dApps), and participating in governance on TON blockchain. Additionally, a portion of Toncoin has been allocated to the TON Foundation to encourage and support the development of the ecosystem. To date, the TON ecosystem boasts a multitude of applications, spanning wallets, DeFi protocols, decentralized exchanges (DEXs), games, NFTs, cross-chain bridges, and social, giving it a well-established foundational infrastructure. “This investment underlines MEXC’s strong conviction in TON blockchain in building a Web3 super-app ecosystem on Telegram,” said Steve Yun, President of TON Foundation. “We are confident that the TON ecosystem and MEXC will grow together as we build for the next market cycle of bull runs.” About MEXC About MEXC Ventures MEXC Ventures is a comprehensive fund under MEXC Group, committed to empowering innovations of the cryptocurrency field, via strategic investment, M&A, FOF, and project incubation. Mexc Ventures upholds the concept of “discovering opportunities and growing together” by fully sharing fund resources and providing solid support for projects. The team spans across the US, Singapore, HK, and other regions of the world, with $100m+ AUM and 300+ portfolio investments. About TON Foundation: The Open Network Foundation (TON Foundation) is a non-profit organization founded in Switzerland in 2023. TON Foundation is 100% funded by the community, acting in the community’s interests, and supports initiatives aligned with The Open Network’s mission. Learn more at https://ton.foundation. About The Open Network (TON): The Open Network (TON) is putting crypto in every pocket. By building a Web3 ecosystem in Telegram Messenger, TON is giving billions of people the opportunity to own their digital identity, data, and assets.

See more at https://ton.org/.