calvinx (calvinx)

calvinx

Bitcoin believer | “We’re not early — we’re right.”

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Ethereum’s largest treasury firm, Bitmine (BMNR), continued accumulating ETH today: 2 hours ago, it received 33,504 ETH ($112M) from FalconX. Addresses: https://intel.arkm.com/explorer/address/0x4E6524E7A22961D55e0c5f523dF8E740275B67Af https://intel.arkm.com/explorer/address/0xfc5e6F1c3c5c8fc2eBdc9321EC6EeA4e57f5C185

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🎉 Just won 0.1 USDC on FlipCaster! 100% provably fair: • Pyth Oracle randomness • Open source verified contract • Instant on-chain settlement Invite friends, earn 20% commission 💰

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Today I casually browsed through the financial reports of major listed companies and came across a view that completely challenges common perception: Who is China’s most profitable company? Many people would probably say Tencent or Alibaba. But among the same generation of internet giants, the most profitable one in terms of gross margin is actually Ctrip. This year, Ctrip’s blended gross margin hit 81% — even higher than Kweichow Moutai. And its year-over-year revenue is still growing at around 15%. That’s honestly scary. A company that mainly sells tickets generating ¥20 billion+ in net profit a year… that’s truly outrageous.

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Today I casually browsed through the financial reports of major listed companies and came across a view that completely challenges common perception: Who is China’s most profitable company? Many people would probably say Tencent or Alibaba. But among the same generation of internet giants, the most profitable one in terms of gross margin is actually Ctrip. This year, Ctrip’s blended gross margin hit 81% — even higher than Kweichow Moutai. And its year-over-year revenue is still growing at around 15%. That’s honestly scary. A company that mainly sells tickets generating ¥20 billion+ in net profit a year… that’s truly outrageous.

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