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Market analysis of Betta to be listed on the New York Stock Exchange

Market analysis of Betta to be listed on the New York Stock Exchange

4hw.com.cn: Recently, the live broadcast platform Betta TV is expected to be listed on the NASDAQ Exchange on July 17 local time in the United States, and the quasi listed prospectus will be updated recently. For the listing news, Betta said that everything is subject to the prospectus, and there is no new news to disclose.

On July 3, Betta updated its prospectus, which disclosed the financial data of the first quarter of 2019. The data showed that the revenue of Betta in the first quarter was RMB 1.489 billion, an increase of 123.24% over RMB 667 million in the same period last year; The net profit was 18.2 million yuan, with a loss of 156 million yuan in the same period last year.

According to the prospectus, as of the first quarter of 2019, the average monthly life of Betta PC platform was 110 million, that of mobile platform was 49.1 million, and the overall average monthly life was 159 million, an increase of 25.7% compared with 127 million in the same period last year. The quarterly average arrpu value was 226 yuan, an increase of 77 yuan over the same period last year. The average payment rate of users was 3.8%, the three-month average retention rate of Betta was 69%, and the single month retention rate was 78.6%.

New York Stock Exchange

The New York Stock Exchange (NYSE) is located at 18 Broadway Street, New York City, New York, on the south side of the corner of Wall Street. On June 1, 2006, the New York Stock Exchange announced the merger with the pan European stock exchange to form NYSE Euronext.

The New York Stock Exchange ranks first in the total market value of listed companies (2009 data), first in the number and market value of IPOs (2009 data) and second in trading volume (2008 data). At the end of April 2005, NYSE acquired archipelago and became a profit-making organization.

About 2800 companies are listed here, with a global market value of $15 trillion. By July 2004, 30 companies in the Dow Jones industrial average except Intel and Microsoft were listed on NYSE. In December 2018, the world brand laboratory released the list of 2018 World Top 500 brands, ranking 372 on the New York Stock Exchange