Latest news with #58.com
Reuters
27-03-2025
- Business
- Reuters
Hu Di, Business President, 58.com (Group), Named One of the "2025 Forbes China 20 Women to Watch in Business"
BEIJING, China, March 27, 2025 (EZ Newswire) -- On March 11, Forbes China and Sports Illustrated co-hosted the 2025 Forbes China Women's Summit at Bund One in Shanghai. The summit presented a global perspective on contemporary Chinese women in diverse fields, bringing together outstanding women from various industries to explore how female leadership can shape a better future. During the summit, Forbes China released the "2025 20 Women to Watch in Business", aiming to showcase female entrepreneurs who have demonstrated resilience in adversity. By highlighting their extraordinary courage and wisdom, the list seeks to inspire more women to take center stage, infusing the business world with new vitality and enabling them to become an indispensable force in the tide of the times. Hu Di, Business President of (Group), was recognized as one of the "2025 Forbes China 20 Women to Watch in Business." The honorees came from a range of industries and niche sectors, including semiconductors, healthcare, and software & IT services. Notably, the semiconductor industry accounts for the largest share at 20%, while an impressive 35% of the listed individuals are involved in artificial intelligence. These figures indicate a significant rise in the number of women venturing into deep-tech entrepreneurship. As the youngest Business President of (Group), Hu Di has progressed from a university recruit to a core member of the entrepreneurial team within an internet company. Over the past 12 years, she has remained deeply engaged in the digital media sector, achieving remarkable success in advancing high-quality employment, platform ecosystem development, technological innovation, user value enhancement, and exporting China's life service expertise to international markets. A pioneering entrepreneur of the post-90s generation, Hu Di graduated from Peking University's Guanghua School of Management and was a visiting scholar in innovation at Yale University. She currently serves as Vice President of the Capital Internet Association, a member of the 7th Committee of the Chaoyang District Youth Federation, Beijing, a deputy to the 17th and 18th People's Congress of Tianjin, Vice President of the Beijing Youth New Media Association, a member of the Tianjin Business Environment Expert Committee, an executive director of the China Youth New Media Association, and a judge for the Greater China Effie Awards and Golden Investment Awards. Since joining in July 2012, she is currently the Business President of Group and earned numerous accolades, including 2023 Beijing Employment and Entrepreneurship Outstanding Individual, 2024 Beijing Role Model – Most Outstanding Internet Professional, and 2024 Hurun U35 China Entrepreneurship Pioneer. Content has sourced from Forbes China. is a leading lifestyle services platform in China that operates across a broad range of sectors including recruitment, real estate, automotive, and local lifestyle services. For more information, please visit Media Contact ### SOURCE: Information Technology Co., Ltd.
Yahoo
08-03-2025
- Business
- Yahoo
KE Holdings Inc. (NYSE:BEKE): Riding the Real Estate Wave
We came across a bullish thesis on KE Holdings Inc. (NYSE:BEKE) on ValueInvestorsClub by Weighing Machine Capital. In this article, we will summarize the bulls' thesis on BEKE. The company's shares were trading at $20.25 when this thesis was published, vs. the closing price of $24.26 on Mar 07. BEKE operates an integrated online and offline platform for housing transactions and services in China. It operates through four segments: Existing Home Transaction Services, New Home Transaction Services, Home Renovation and Furnishing, and Emerging and Other Services. It covers over 100 cities in China and operates 45,000 stores with monthly active users (MAU) close to 50 million. BEKE offers end to end housing solutions with a vast network of agents who have access to AI tools which can be leveraged to understand the customer dynamics. It has a competitive advantage over its rival Anjuke due to its diversified offerings that include financing, home renovation and community development. An additional offline source is also key to expanding BEKE's business since the online platform is highly competitive with Anjuke's capturing higher traffic. The industry is also favorable for big players like BEKE who have leveraged on digital transformation to access more customers. The online penetration is expected to touch 50% in 2030, up from 15% in 2024. The policies have also been favorable as interest rates, tax burden and percentage of down payment have been lowered. Local governments have been empowered to cancel restrictive measures related to home purchases and urbanization of 1 million houses is on the cards. These measures will give BEKE access to more inventory and increase the volume of transactions done. BEKE trades below 20x its earnings multiple making it an undervalued stock offering sufficient growth prospects and competitive advantage. Its Enterprise to Gross Profit ratio is 5.5x which is much lower than its peers. The profitability is also improving and this justifies a multiple of 25x. Based on a higher multiple, the fair value of the stock should be $31-32, offering a potential gain of 33% from its current price. While we acknowledge the potential of BEKE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than BEKE but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Sign in to access your portfolio
