DOCSLIB.ORG

International Ecommerce

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
International Ecommerce A special report from the editors of International Ecommerce The challenges and opportunities in global e-retail PRESENTED BY: The growth opportunity of international ecommerce International shipping is complex. It can be costly to send products to customers in other countries, and it may also require retailers to clear hurdles they don’t normally face with domestic shipments. Because of these complexities, many retailers--especially small and midsized businesses--don’t bother to ship abroad, which limits their opportunities for growth. Some leading North American brands and retailers have seen those opportunities and expanded their international and cross-border operations in the past year. And many see global expansion as an important source of growth, according to a recent survey of 111 retailers and brands by Internet Retailer and the Global E-Commerce Leaders Forum, an organization dedicated to helping retailers and brands sell internationally via ecommerce. Nearly 48% of survey respondents reported 2017 growth in overseas web sales of at least 15% and 80% of respondents called international ecommerce “a critical source of our ecommerce growth in the future.” This e-book, brought to you by GlobalPost, presents articles and data previously published by Internet Retailer and helps to define these issues and uncover the opportunities. Reaching global online shoppers . .. 3 How retailers can overcome international shipping challenges and open up new markets . .. 8 The top hurdles to international ecommerce . 10 Building a marketing strategy for global ecommerce . 11 Case Study: Victoria’s Secret enters China ecommerce with a flourish . 19 Emerging legal trends in international ecommerce . 21 Copyright 2018-2019 Internet Retailer and DigitalCommerce360.com. No part of this report may be reproduced in any form by microfilm, xerography, or otherwise, or incorporated into any information retrieval system, without the written permission of the copyright owner. This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is published with the understanding that the publisher is not engaged in rendering financial, legal, accounting, tax or other professional service. Internet Retailer is a registered trademark used herein under license. 2 ReachingHEADER TKTKTKTK Global ONLINE SHOPPERS International ecommerce is already big, and many retailers and brands see it as an important source of growth any consumers around the world are shopping on retail websites outside their home countries, looking for goods they can’t find at home, better prices or Mproducts they trust. Meanwhile, retailers Amazon 48.8% GLOBAL IMPACT and brands increasingly are seeking to Share of U.S. Top 1000 Rest of Top 1000 8.8% serve these global shoppers, and the retailers’ web sales Source: Internet Retailer. prospects for growing sales and profits outside of North America Excludes sales in U.S. and Canada from international ecommerce have never been greater. While it is still early days for international ecommerce for many North American retailers, merchants and brands report that selling globally via the internet is 3 PRESENTED BY: REACHING GLOBAL ONLINE SHOPPERS From the Editors of easier than ever. Among the factors opening the door to international web sales are the growth of online marketplaces that provide an avenue to reach millions of shoppers, improved services from vendors for handling everything from customs clearance to fulfillment and the growing comfort among shoppers the world over in shopping online. Retailers are affirming the promise of international ecommerce both by what they do and what they say. Several 80% leading North American brands and retailers have expanded their international and cross-border operations in the past year. And many see global expansion as an important source of growth, according to 2018 survey of 111 retailers and brands by Internet Retailer and the Global E-Commerce of respondents Leaders Forum, an organization dedicated to helping retailers called international and brands sell internationally via ecommerce. ecommerce “a Nearly 48% of survey respondents reported 2017 growth in critical source of overseas web sales of at least 15%. And 80% of respondents our ecommerce called international ecommerce “a critical source of our growth in the ecommerce growth in the future.” future.” Source: Internet Retailer/Global The survey sample was not scientific and likely skewed E-Commerce Leaders Forum survey, toward companies investing in international online sales, April-June 2018 given that 80% of survey respondents sell online outside of their own market while only about half of Top 1000 retailers do so. What’s more, answers to one survey question suggest bigger brands may have an edge: 78% of respondents called HOW COMPANIES VIEW INTERNATIONAL ECOMMERCE Percentage of respondents who agree or strongly agree with each of the following statements: International ecommerce is... A critical source of our ecommerce growth in the future 80.0% Suitable for us because we have many international customers and 78.2% followers of our brand and products Too long of a financial payback or path to profitability 12.7% Too risky due to fraud, counterfeit products, political risks and other 9.1% aspects largely beyond our control Too complex and not worth the effort and resources 3.6% Source: Internet Retailer/Global E-Commerce Leaders Forum survey, April-June 2018 4 SPONSORED BY: REACHING GLOBAL ONLINE SHOPPERS From the Editors of international online sales “suitable for us company’s net revenue, up from 11.0% a because we have many international customers year earlier. and followers of our brand and products.” That underscores that the retailers and brands likely l Benefit Cosmetics LLC, the San Francisco- to have the most success selling globally are based unit of French luxury conglomerate those that many online shoppers already know LVMH, has expanded to 42 global or are finding through search engines or social ecommerce sites that let consumers shop media. in their own languages and pay with local currencies. The cosmetics brand says it has New customs fees nearly doubled the number of consumers it interacts with online in the two years since Whatever their size, companies face obstacles expanding internationally. when they sell internationally. Survey respondents pointed to such hurdles as l Walmart Inc. in 2018 paid $16 billion to regulations that vary by country on product acquire a 77% stake in Flipkart Group, safety, marketing practices, customs and taxes. operator of India’s leading online retailer Language, customer service and fulfillment and marketplace. That puts Walmart into all present challenges, they say. And there is a competition with Flipkart’s biggest rival, relatively new factor: More governments are Amazon, which has pledged to invest tightening customs regulations or introducing $5 billion in India. While Amazon hasn’t new fees as they see more parcels arriving for disclosed sales for its India site, Internet their citizens from international websites. Retailer estimates consumers purchased $10.3 billion worth of goods on Amazon.in But some North American retailers are tackling in 2017. those hurdles with major investments. Here are four recent examples: These moves underscore the allure of international ecommerce, which already l Amazon.com Inc. launched a web store in represents big business for Top 1000 retailers. Australia in 2017, its 13th ecommerce site 72 retailers in the Top 1000 operate a total of outside the U.S. Amazon.com.au is one 295 country-specific ecommerce sites outside of 10 Amazon non-U.S. sites that operate of the U.S. and Canada that together booked marketplaces where other retailers and $109.9 billion in sales in 2017. brands can sell. In 2018, the retailer also updated its mobile app with an international Those sales numbers, however, are skewed mode that lets consumers shop in five by Amazon, which operates 13 ecommerce languages and pay with 25 currencies. sites outside of the U.S. and Canada, nine of them with online marketplaces where other l Wayfair Inc., the fast-growing home merchants and brands can sell. goods online retailer, has launched websites in recent years in Canada, the Most of those sales took place on Amazon’s United Kingdom and Germany. Those international sites, which, counting Amazon’s sites generated $446.6 million in sales Canada site, accounted for $76.2 billion in in the first half of 2018, or 14.6% of the revenue by Internet Retailer’s estimate. That’s 5 SPONSORED BY: REACHING GLOBAL ONLINE SHOPPERS From the Editors of just over half of Amazon’s retail-related 2017 number of retailer respondents, as 41.2% of revenue (sales of goods by Amazon itself plus respondents said those countries represent commission from marketplace sellers). Not at least 1% of their international ecommerce counting Canada, Amazon’s international sales sales. The fact Australia and New Zealand are totaled $73.2 billion, Internet Retailer estimates, English-speaking countries could reduce some or 48.8% of its retail-related revenue. (Amazon barriers to entry, but the survey did not address does not break out sales by country.) specific reasons. Next were China at 36.5% and Japan at 28.4%. South Korea and Southeast Asia But, even without Amazon, other U.S. Top 1000 followed, both at 18.9%. e-retailers generated $28.5 billion in 2017 web sales from outside of North America, nearly 9% of But there are other ways to reach international their web sales, based on Internet Retailer data. online shoppers besides operating dedicated websites abroad. Top 1000 retailers also are For all U.S. Top 1000 e-retailers, including increasingly reaching global shoppers via Amazon, Europe led the way with 118 country- web marketplaces, not only those operated by specific sites that produced $47.4 billion in Amazon and eBay Inc., but also such shopping revenue, followed by Asia-Pacific with 63 sites sites as JD.com and Alibaba’s Tmall in China, as and $49.9 billion in sales.
Load more

Recommended publications
  • 20Annual Report UNITED STATES SECURITIES and EXCHANGE COMMISSION Washington, D.C
    20 20Annual Report UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K È ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020. OR ‘ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to . Commission file number 001-37713 eBay Inc. (Exact name of registrant as specified in its charter) Delaware 77-0430924 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 2025 Hamilton Avenue San Jose, California 95125 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (408) 376-7008 Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading symbol Name of exchange on which registered Common stock EBAY The Nasdaq Global Select Market 6.00% Notes due 2056 EBAYL The Nasdaq Global Select Market Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes È No ‘ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ‘ No È Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]
  • E-Commerce in South Korea: a Canadian Perspective
    E-COMMERCE IN SOUTH KOREA: A CANADIAN PERSPECTIVE REPORT PREPARED BY: Theresa Eriksson, Luleå University of Technology, Sweden Kristin Matheson, Luleå University of Technology, Sweden Dr. Leyland Pitt, Professor of Marketing, Beedie School of Business, Simon Fraser University Dr. Kirk Plangger, King’s College, London, UK Dr. Karen Robson, University of Windsor 1 2 TABLE OF CONTENTS EXECUTIVE SUMMARY 4 INTRODUCTION 5 SOUTH KOREA: THE COUNTRY, THE ECONOMY 7 METHODOLOGY 8 THE SOUTH-KOREAN E-COMMERCE CONTEXT 9 Customer Context 9 The E-commerce Shopping process 11 Products and Brands 15 Online Behaviour 16 Shopping Events and Timing 20 Main Stakeholders 24 Technology and Infrastructure Landscape 27 For Canadian Firms Contemplating E-commerce in South Korea: 32 Marketing Considerations FUTURE OUTLOOK 40 CONCLUSION 41 CASE STUDIES 42 Case Study I: Yogiyo 42 Case Study II: Pinkfong and Baby Shark 46 APPENDIX 53 Digital Technology in South Korea and Canada — A Comparison of Digital Device Ownership, Digital Media Consumption, and Digital Behaviour. ABOUT THE AUTHORS 68 3 EXECUTIVE SUMMARY This report focuses on e-commerce opportunities for Canadian firms in South Korea, one of the world’s most connected markets. Korea is not for the faint-hearted: consumers are very sophisticated and markets are very competitive. Nevertheless, for Canadian firms with excellent offerings and a willingness to provide excellent service, coupled with patience and an ability to build good relationships at all levels, Korea offers significant opportunities. The report proceeds as follows: First, it provides a broad overview of the nation of South Korea with particular focus on e-commerce and online connectivity in that country.
    [Show full text]
  • Quarterly Portfolio Holdings
    T. Rowe Price Extended Equity Market Index Fund PEXMX 06/30/2021 (Unaudited) Portfolio of Investments Investments in Securities Coupon % Maturity Shares/Par Value ($) % of Net Assets 10X Genomics 13,000 2,545,660 0.183% 1-800-Flowers.com 7,768 247,566 0.018% 1Life Healthcare 14,500 479,370 0.034% 1st Source 8,652 401,972 0.029% 22nd Century 46,800 216,684 0.016% 2U 13,500 562,545 0.040% 3D Systems 26,350 1,053,210 0.076% 8x8 19,600 544,096 0.039% AAON 6,690 418,727 0.030% Aaron s 7,567 242,068 0.017% Abercrombie & Fitch 14,500 673,235 0.048% ABM Industries 11,150 494,503 0.035% Abraxas Petroleum 15,382 49,684 0.004% Acadia Healthcare 16,900 1,060,475 0.076% ACADIA Pharmaceuticals 25,800 629,262 0.045% Acadia Realty Trust, REIT 16,650 365,634 0.026% Acceleron Pharma 9,500 1,192,155 0.086% Acco Brands 21,900 188,997 0.014% AcelRx Pharmaceuticals 95,700 132,066 0.009% ACI Worldwide 20,300 753,942 0.054% Aclaris Therapeutics 25,400 446,024 0.032% ACM Research 2,800 286,216 0.021% ACRES Commercial Realty, REIT 15,332 246,232 0.018% Acuity Brands 6,300 1,178,289 0.085% Acushnet Holdings 7,475 369,265 0.026% Adamas Pharmaceuticals 33,700 177,936 0.013% Adams Resources & Energy 3,341 92,512 0.007% AdaptHealth 12,200 334,402 0.024% Adaptive Biotechnologies 15,500 633,330 0.045% Addus HomeCare 2,300 200,652 0.014% Adient 18,000 813,600 0.058% ADT 29,300 316,147 0.023% Adtalem Global Education 12,200 434,808 0.031% Advanced Drainage Systems 8,791 1,024,767 0.074% Advanced Energy Industries 5,750 648,083 0.047% Adverum Biotechnologies 46,900 164,150
    [Show full text]
  • The Rise of Start-Ups Source List
    The Rise Of Start-Ups Source List Top 25 Start-Ups https://www.investopedia.com/investing/10-biggest-start-ups-valuation-recode/ https://www.cbinsights.com/research-unicorn-companies Toutiao (Bytedance) https://en.wikipedia.org/wiki/ByteDance https://pandaily.com/bytedance-rumored-to-hit-20-billion-revenue-goal-for-2019/ JUUL Labs https://news.crunchbase.com/news/juul-lands-12-8b-from-big-tobacco-as-vaping-grows-up-sells-out/ Nubank https://en.wikipedia.org/wiki/Nubank https://techcrunch.com/2014/09/25/finance-startup-nubank-nabs-14-3m-in-sequoias-first-brazil-investment/ Stripe https://en.wikipedia.org/wiki/Stripe_(company) Airbnb https://en.wikipedia.org/wiki/Airbnb https://www.businessinsider.com.au/estimating-airbnbs-revenues-2012-3 https://www.businessinsider.com/how-airbnb-was-founded-a-visual-history-2016-2 https://www.reuters.com/article/us-airbnb-results/airbnb-had-substantially-more-than-1-billion-in-quarterly-revenue-idUSKCN1NL270 Kuaishou https://www.reuters.com/article/us-kuaishou-fundraising/chinas-kuaishou-in-1-billion-tencent-led-funding-round-eyes-ipo-sources-idUSKBN1FE11D Oyo Rooms https://www.businesstoday.in/top-story/oyo-hotel-sales-globally-jump-over-4-fold-to-usd-18-bn-in-2018/story/318233.html https://www.financialexpress.com/industry/even-as-revenue-soared-14x-to-rs-32-8-cr-oyo-rooms-posts-24x-jump-in-losses-in-fy16/785161/ Coupang https://techcrunch.com/2018/11/20/coupang-raises-2-billion-from-softbanks-vision-fund/ https://venturebeat.com/2012/05/30/koreas-21-month-old-e-commerce-startup-coupang-will-generate-600m-in-revenue-this-year/
    [Show full text]
  • Retail(Neutral/Maintain)
    [Korea] January 25, 2021 Retail (Neutral/Maintain) Coupang: Putting doubts to rest Mirae Asset Daewoo Co., Ltd. Myoungjoo Kim [email protected] Minjeong Kyeong [email protected] Coupang IPO coming into view IPO looking increasingly likely Coupang has reportedly passed preliminary screening for listing on the US Nasdaq market. Media reports have suggested the company could be worth around US$25-40bn, which implies a P/S of 1.7-2.8x based on our 2021 estimates. Amazon traded at 3.95x P/S in 2003, the year it first turned a profit (2002-04 average of 2.8x). In 2021, Coupang should benefit from a steady increase in commission income along with falling parcel delivery rates (due to volume growth), potentially leading to meaningful improvement in profitability. Potential valuation levels should also be viewed in the context of the company’s expanding retail market share. E-commerce market Coupang driving e -commerce market re alignment realignment has begun Coupang has regained its parcel delivery business license. In 2021, we expect the company to expand its fulfillment services in order to: 1) strengthen the competitiveness of its platform categories; and 2) raise commission income. The company should gain share in the e-commerce market, backed by: 1) enhanced competitiveness in directly sourced merchandise (especially in fashion); and 2) GMV growth of its marketplace resulting from the expansion of fulfillment services. Coupang looks likely to expand its e-commerce market share to 15.7% (+2.4%p) in 2021 and 19.3% (+3.6%p) in 2022. Retail market share to expand Market leadership to expand beyond e -commerce to broader retail sector Furthermore, Coupang appears likely to expand its share of the broader retail market to 5.8% (+1.4%p) in 2021 and 7.8% (+2.0%p) in 2022.
    [Show full text]
  • Item Name Web Site 1 Facebook
    Microsoft Internet Explorer Support website list v1.0.9 Item Name Web site 1 Facebook https://www.facebook.com/ 2 Hotmail https://outlook.live.com/owa/?realm=hotmail.com 3 Gmail https://www.google.com/gmail/ 4 Amazon https://www.amazon.com/ 5 Taobao https://www.taobao.com/ 6 PChome https://member.pchome.com.tw/login.html 7 ETmall http://www.etmall.com.tw/Pages/Home.aspx 8 Books http://www.books.com.tw/ 9 Ruten http://www.ruten.com.tw/ 10 Momoshop https://www.momoshop.com.tw/main/Main.jsp 11 AOL https://www.aol.com/ 12 Apple https://www.apple.com/ 13 AT&T https://www.att.com/ 14 BBC http://www.bbc.co.uk/ 15 Bestbuy http://www.bestbuy.com/ 16 Costco http://www.costco.com/ 17 CBSsports http://www.cbssports.com/ 18 Chase https://www.chase.com/ 19 Craigslist https://www.craigslist.org/ 20 Ebay http://www.ebay.com/ 21 Evernote https://www.evernote.com/ 22 Expedia https://www.expedia.com/ 23 FEDex http://www.fedex.com/ 24 Groupon https://www.groupon.com/ 25 IMDB http://www.imdb.com/ 26 Linkedin https://www.linkedin.com/ 27 Lumosity https://www.lumosity.com/ 28 Lycos http://www.mail.lycos.com/ 29 Lycos-Angelfire http://www.angelfire.lycos.com/ 30 Mcafee https://www.mcafee.com/ 31 Monster https://www.monster.com/ 32 Myspace https://myspace.com/ 33 NBA https://watch.nba.com/packages?s=o 34 Netflix https://www.netflix.com/ 35 NPR http://www.npr.org/ 36 Delta https://www.delta.com/ 37 Oracle http://www.oracle.com/ 38 Orbitz https://www.orbitz.com/ 39 Paypal https://www.paypal.com/ 40 Saavn https://www.saavn.com/ 41 Samsclub https://www.samsclub.com/
    [Show full text]
  • ANNUAL REPORT PURSUANT to SECTION 13 OR 15(D) of the SECURITIES EXCHANGE ACT of 1934 for the Fiscal Year Ended December 31, 2019
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to . Commission file number 001-37713 eBay Inc. (Exact name of registrant as specified in its charter) Delaware 77-0430924 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 2025 Hamilton Avenue San Jose , California 95125 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (408) 376-7008 Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading symbol Name of exchange on which registered Common stock EBAY The Nasdaq Global Select Market 6.00% Notes due 2056 EBAYL The Nasdaq Global Select Market Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☒ No ☐ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ☐ No ☒ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]
  • Baron Global Advantage Strategy
    Baron Global Advantage Strategy March 31, 2021 Dear Investor: • Financials – the sector was up 11.4%, and we were 12.4% Performance underweight. • Industrials – the sector was up 7.5%, and we were 9.0% underweight. Baron Global Advantage Strategy declined 1.8% during the first quarter. The MSCI ACWI Index and the MSCI ACWI Growth Index, the Strategy’s Looking on a level deeper, within Consumer Discretionary our results were benchmarks, gained 4.6% and 0.3%, respectively, for the quarter. After a impacted by not being in the right sub-industries as we had no exposure to few years of very strong performance, including last year’s best absolute double-digit gainers such as hotels, casinos, and homebuilders, and instead and relative returns in the nine-year history of the Strategy, it was time for were significantly overweight e-commerce (internet & direct marketing many of our investments to take a breather. retail) and education services, sub-industries that were down 2.8% and 24.4%, respectively, during the quarter. Similarly, in IT, we had almost no Table I. exposure to the more cyclical sub-industries, such as communications Performance† equipment and semiconductors, which performed very well, and were Annualized for periods ended March 31, 2021 significantly overweight software and internet services & infrastructure which were either flat or down in the quarter. Baron Baron Global Global MSCI Advantage Advantage MSCI ACWI Ironically, the picture is similar from a geographical perspective, where we Strategy Strategy ACWI Growth seemed to have been in mostly the wrong places. Per usual, we were (net)1 (gross)1 Index1 Index1 overweight emerging markets, which underperformed and were responsible Three Months2 (1.80)% (1.60)% 4.57% 0.28% for about half of our underperformance.
    [Show full text]
  • Netflix Growing Pains
    NET 1YR Interestrates TREASURYS LAST PVS CHG WK MO QTR AGO Money&Markets e-Edition 3-month T-bill .04 .04 ... s t t .10 6-month T-bill .05 .05 ... s t r .11 52-wk T-bill .08 .08 ... s s r .12 4,480 S&P 500 35,080 Dow Jones industrials 2-year T-note .28 .30 -0.02 s s s .13 Close: 4,307.54 Close: 33,843.92 4,380 34,340 5-year T-note .98 1.01 -0.03 s s s .28 Change: -51.92 (-1.2%) Change: -546.8 (-1.6%) The yield on the 4,280 33,600 10-year T-note 1.52 1.54 -0.02 s s s .69 10 DAYS 10 DAYS 10-year Treasury 30-year T-bond 2.09 2.08 +0.01 s s s 1.46 4,600 36,000 note slid to 4,500 1.52% Thursday. 35,200 Yields affect 4,400 rates on mort- NAT'L WK 6MO 1YR 4,300 34,400 gages and other CONSUMER RATES AVG AGO AGO AGO 4,200 consumer loans. 33,600 48 month new car loan 3.72 t 3.73 3.89 4.05 4,100 r PRIME FED Money market account 0.07 0.07 0.08 0.10 4,000 32,800 ASMJ JA ASMJ JA RATE FUNDS 1 year CD 0.29 r 0.29 0.29 0.33 $30K Home equity loan 6.45 r 6.45 6.45 4.71 LAST 3.25 .13 6 MO AGO 3.25 .13 30 year fixed mortgage 3.18 s 3.03 3.03 3.26 HIGH LOW CLOSE CHG %CHG YTD Stocks Recap 1 YR AGO 3.25 .13 15 year fixed mortgage 2.46 s 2.29 2.32 2.51 DOW 34,557.37 33,833.32 33,843.92 -546.80 -1.59% +10.58% DOW Trans.
    [Show full text]
  • MF Full Holdings
    Hartford Growth Opportunities HLS Fund Full Portfolio Holdings* as of August 31, 2020 % of Security Coupon Maturity Shares/Par Market Value Net Assets Apple, Inc. 0.000 973,488 125,618,892 5.739 Amazon.com, Inc. 0.000 31,539 108,839,827 4.973 Microsoft Corp. 0.000 383,555 86,503,159 3.952 Facebook, Inc. 0.000 203,750 59,739,500 2.729 Alphabet, Inc. 0.000 36,224 59,028,095 2.697 Procter & Gamble Co. 0.000 368,050 50,912,357 2.326 salesforce.com, Inc. 0.000 159,562 43,504,579 1.988 NextEra Energy, Inc. 0.000 148,817 41,545,242 1.898 Mastercard, Inc. 0.000 115,716 41,448,314 1.894 JP Morgan Chase & Co. 0.000 407,707 40,848,164 1.866 UnitedHealth Group, Inc. 0.000 128,676 40,217,684 1.837 Eli Lilly and Co. 0.000 246,724 36,611,374 1.673 Thermo Fisher Scientific, Inc. 0.000 84,811 36,382,223 1.662 Bank of America Corp. 0.000 1,412,855 36,366,888 1.662 Walt Disney Co. 0.000 258,145 34,041,581 1.555 Walmart, Inc. 0.000 241,107 33,477,707 1.530 McDonald's Corp. 0.000 154,571 33,004,000 1.508 Verizon Communications, Inc. 0.000 514,591 30,499,809 1.393 Constellation Brands, Inc. 0.000 159,891 29,496,692 1.348 TJX Cos., Inc. 0.000 535,994 29,367,111 1.342 Texas Instruments, Inc.
    [Show full text]
  • Transportation the Inexorable March of Innovation
    2H19 Outlook Transportation The inexorable march of innovation Jay JH Ryu +822-3774-1738 [email protected] Analysts who prepared this report are registered as research analysts in Korea but not in any other jurisdiction, including the U.S. PLEASE SEE ANALYST CERTIFICATIONS AND IMPORTANT DISCLOSURES & DISCLAIMERS IN APPENDIX 1 AT THE END OF REPORT. Contents [Summary] Shares to rebound on earnings improvements in 2H 3 I. Logistics 4 II. Mobility 10 III. Airlines 21 [Conclusion] Market share expansion holds the key 27 Top picks 28 CJ Logistics, Jeju Air Global peer group valuations 30 [Summary] Shares to rebound on earnings improvements in 2H OP of the transportation sector vs. P/B: Valuations have declined amid economic slowdown (Wbn) (x) OP (L) P/B (R) 1,500 2.5 Oil price decline; Air cargo Minimum Global Global High oil prices; greater Oil wage hike; Slowdown in rebound; housing financial Inventory shipping market logistics price oil price Chinese stimulus LCC growth; bubble crisis restocking restructuring momentum rebound M&As growth 1,000 2.0 500 1.5 0 1.0 -500 0.5 -1,000 0.0 1Q04 1Q05 1Q06 1Q07 1Q08 1Q09 1Q10 1Q11 1Q12 1Q13 1Q14 1Q15 1Q16 1Q17 1Q18 Source: FnGuide, Mirae Asset Daewoo Research 3| 2H19 Outlook [Transportation] Mirae Asset Daewoo Research I. Logistics: Easing of oversupply Over the past 15 years, • In the five years following the Asian financial crisis (1998), the domestic logistics market saw annual average regulations have supply growth of more than 10%, as many laid-off workers became independent delivery truck drivers.
    [Show full text]
  • Internet & Digital Media Insights
    January 2015 Industry Update Internet & Digital Media Insights Overview, Analysis, and Trends in the Internet & Digital Media Industry William Blair Contents William Blair Internet & Digital Media Credentials ....................................................................................................................................................................... 1 Recent Headlines............................................................................................................................................................................................................................................. 2 IDM Intelligence .............................................................................................................................................................................................................................................. 5 Market Snapshot ............................................................................................................................................................................................................................................. 7 Public Equity Market Overview ............................................................................................................................................................................................................... 9 Public Comparable Companies...........................................................................................................................................................................................................
    [Show full text]