internet firms: Most consumer internet firms recorded growth in November: BoFA report
The number of Zomatos daily active users (DAUs) rose 0.6% in November over October, while that of Swiggy fell 1.9% during the same period, it said.
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The number of Zomatos daily active users (DAUs) rose 0.6% in November over October, while that of Swiggy fell 1.9% during the same period, it said.
Real Money's Eric Jhonsa covers Meta's third-quarter earnings report and conference call with management.
Facebook (FB): Bear Case Summary Parent company of names like Instagram and WhatsApp, Facebook (FB) is an esteemed member of the FANG club. The hugely popular social media company successfully generates FCF by selling ads against the significant user-generated content (UGC) traffic generated by billions of active FB users. In addition to generally rising digital advertising penetration, FB monetizes the captive user data to its advantage. That’s why the stock is hugely popular among hedge funds and investors. Actually Facebook ranks #3 among the 30 most popular hedge fund stocks. So it gr...