These businesses are in their early stages in China. Search, e-commerce and wireless are relatively nascent industries.
More Quotes from Jason Tsai:
The long-term fundamentals are intact and similar to what we saw here in the Internet sector.Jason Tsai
It will be considered a one-time adjustment, rather than any real growth in a company's value.
Jason Tsai
I think the initial read of the numbers was disappointing for a lot of people. Guidance as of last quarter was 500 (million)-to-530 million. With typical analyst and investor behavior, we expect companies to upside from what their guidance is.
Jason Tsai
Readers Who Like This Quotation Also Like:
Based on Topics: Business & Commerce QuotesBased on Keywords: nascent
He that displays too often his wife and his wallet is in danger of having both of them borrowed.
Benjamin Franklin
As long as our government is administered for the good of the people, and is regulated by their will; as long as it secures to us the rights of persons and of property, liberty of conscience and of the press, it will be worth defending.
Andrew Jackson
I had never been near insane persons before in my life, and had not the faintest idea of what their actions were like.
Nellie Bly