PowerShares NASDAQ Internet

On January 8, Hulu’s CEO, Randy Freer, expressed confidence that the company can catch up to Netflix (NFLX) in terms of subscribers.

At the end of 3Q17, TripAdvisor had $763.0 million in cash and short-term investments on its balance sheet—lower than the ~$904.0 million it had at the end of 2016.

In 3Q17, TripAdvisor’s revenues grew 4.3% year-over-year to $439.0 million.

For the second quarter of 2017, TripAdvisor’s (TRIP) revenue rose 8.4% YoY (year-over-year) to $424.0 million.

Priceline (PCLN) currently trades at a forward PE (price-to-earnings) multiple of 25.2x.

Currently, TripAdvisor (TRIP) has a forward EV-to-EBITDA ratio of 17.9x—lower than its average of 18.5x.

For 2016, TripAdvisors (TRIP) cash flow from operations fell 6.9% to ~$1.1 billion compared to ~$1.2 billion in 2015.

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.

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.

Hotels make up a significant part of Ctrip’s revenues—39% of total revenues in 2Q16—similar to OTA peers Priceline, Expedia, and TripAdvisor.

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.”

If done the right way, traveling can be fun and a huge stress buster, which is what Google (GOOGL) aims to tap into with Google Trips.

On September 19, Google launched its brand new travel app, Google Trips. The app aims to be a tour guide, helping travelers develop an entire itinerary.

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.

Priceline’s consensus 12-month target price is $1,479.55, which indicates an 11.5% return potential.

As of July 7, 2016, eBay (EBAY) has generated returns of -8.3% in the trailing 12 months and -1.4% in the trailing-one-month period.

For 2Q16, Twitter expects its revenues to be in the range of $590 million–$610 million.

Intensifying competition from rivals such as Facebook (FB), Instagram, LinkedIn (LNKD), and Snapchat coupled with declining user engagement are the primary reasons behind Twitter’s stagnating user base.

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.

As of March 21, 2016, Twitter (TWTR) has generated returns of -67.1% for the trailing 12 months and -7.8% in the trailing-one-month period.

Alphabet’s (GOOG) Google X unit aims to develop an autonomous car that does not require any human intervention and at the same time, maintains safety on the road.

eBay’s (EBAY) initiative toward structured data—to make the listing process standardized—will lead the company to the use the barcode technology.

In its recent earnings, Alibaba (BABA) mentioned that it is highly reliant on China despite its aspirations to broaden its exposure overseas.

In February 2016, Alibaba announced it would buy 33 million shares of Groupon (GRPN). With a 5.6% stake, Alibaba will become the fourth-largest investor in the company.

In the previous two quarters, Alibaba’s growth rate year-over-year from revenue surpassed the growth rate of GMV.

Facebook’s mobile monthly active users (or MAUs) constitute 90.6% of total MAUs.

Until last year, Twitter managed to increase its revenue per user despite its user growth declining.

As of February 24, 2016, Twitter (TWTR) has generated returns of -62.9% for the trailing 12 months (or TTM) and -5.8% in the trailing-one-month period.

Amazon provides sellers with an advanced fulfillment network that allows businesses to store their products in Amazon Fulfillment Centers.

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.

Facebook has announced the rollout of live video streaming to all iPhone users across the United States. This new feature will be part of the Facebook app.

According to Forbes, both PC and mobile search ads have contributed around 70% of the total value generated by Google.

Amazon’s efforts to target overseas international consumers have started gaining ground against China’s two e-commerce leaders, Alibaba and JD.com.

Amazon’s 4Q15 results drove a hostile market reaction and dragged shares down by 14%, despite the fact that it achieved its highest quarterly growth ever.

In 4Q15, eBay generated revenues of $2.3 billion, which is flat compared to 4Q14.

Facebook’s worldwide ARPU (average revenue per user), came in at $3.73 in 4Q15, compared to $2.81 in 4Q14, which represents an increase by $0.92.

Twitter has rolled out a new feature called Moments. By pressing the Moments button on Twitter’s mobile app, users can view pictures and videos of events as they happen.

On February 10, 2016, Twitter (TWTR) is set to release its 4Q15 earnings results. In 3Q15, the company beat analysts’ estimates despite investors driving the price down by 10.2%.

Twitter has faced a number of issues that have slowed its MAU (monthly active user) growth. It’s active users haven’t seen much growth in the United States.

E-commerce vendors are leveraging social media sites to increase their website traffic. Social media sites have introduced “Show Now” or “Buy” buttons to land users on their mobile devices.

A split consideration took place when Qualcomm shares were continuing to fall, with market value at $72 billion from $130 billion in 2014. JANA Partners raised concerns and told Qualcomm to split.

Walmart is now making use of technology to come up with an effective way for customers to make payments through its mobile app Walmart Pay.

Until now, Amazon has highly depended on a logistics partner for delivery, but it has come up with its own delivery process to bypass the intermediary.

Yahoo (YHOO) has come up with a new mobile app that helps users find their favorite TV shows or movies available on various streaming service providers.

In October 2015, Microsoft’s (MSFT) online revenue from the tablet surpassed the online revenue generated by Apple’s iPad. Microsoft captured 45%, while Apple got 17%.

Investors are assigning a value of less than zero to Yahoo, since the company’s market cap includes two large assets, namely Alibaba and Yahoo Japan.

Cyber Monday was a mixed bag for Target, as its website could not manage the customer volume.

eBay’s management said that despite its 8 million product listings, the largest collection online, the company’s data is largely unstructured. As a result, it’s more challenging for search engines to index its inventory.

Netflix expects 2.15 million net subscriber additions in the fourth quarter. This growth is faster than what Netflix experienced in the U.S.

The company’s take rate is the commission eBay (EBAY) charges on the goods and services sold through its platform. Its platform consists of eBay Marketplaces as well as its payments system, Paypal.

A few weeks back, Facebook (FB) acquired LiveRail, which is an online video advertising platform that helps customers to monetize their video inventory efficiently.

In the second quarter, Yahoo’s search revenue of $428 million increased by 6%.

Before the IPO, Alibaba values itself at $130 billion.