PowerShares NASDAQ Internet
Latest PowerShares NASDAQ Internet News and Updates
What Do Analysts Recommend for Priceline?
Priceline’s consensus 12-month target price is $1,479.55, which indicates an 11.5% return potential.
Which Segment Is Ctrip’s Biggest Contributor to Growth?
Hotels make up a significant part of Ctrip’s revenues—39% of total revenues in 2Q16—similar to OTA peers Priceline, Expedia, and TripAdvisor.
Priceline’s Valuation after 2Q16: What’s Priced In?
Priceline currently trades at a forward PE multiple of 19.5x. This is slightly lower than its average valuation of 19.9x since February 2006.
A Look at Trivago’s Journey toward Its IPO
In Expedia’s 2Q16 earnings call in July 2016, CEO Dara Khosrowshahi said it would work with Trivago to file a Trivago IPO before the end of 2016.
TripAdvisor’s Valuation: What Does It Mean for Investors?
Currently, TripAdvisor (TRIP) has a forward EV-to-EBITDA ratio of 17.9x—lower than its average of 18.5x.
Why Did Ctrip Invest in Skyscanner?
In its earnings call on November 23, Ctrip.com (CTRP) announced that it acquired a majority stake in Skyscanner, a metasearch engine based in Scotland, for ~$1.7 billion.
What Are Analysts Recommending for Ctrip?
According to Reuter, of the 31 analysts tracking Ctrip, 26 analysts have issued a “buy,” while three have issued a “hold,” and two have issued a “sell.”
How Amazon’s Marketplace Is Driving Its Gross Margins
The growing number of third-party sellers on Amazon Marketplace is one of the key factors driving the company’s expansion in its gross margin.
How Did Facebook Drive More Traffic to Instant Articles?
Facebook (FB) is highly monetizing its growing user base of 1.6 billion as of 4Q15. It’s doing this by liberalizing its policies for publishing Instant Articles.