tv Business - News Deutsche Welle February 5, 2021 7:15am-7:31am CET
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beginning a difficult journey lose and there's always you know what at the end of the tunnel on and i reckon. you're watching d.w. news from berlin and up next forget business for you with rob what's i'm terry martin thanks for watching. it's about billions. it's about power. it's about the foundation of the new world order the new silk road. china wants to expand its influence with this trade network. but in europe there's a sharp mornings when for accept money from the new superpower will become dependent on the commitment of the state. the chinese state has
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a lot of money at its disposal the folks and that's how it's expanding and asserting its status and position in the world the for. china's gateway to europe. starts feb 19th on d w. it's the biggest tech i.p.o. . shares in chinese video quite showed tripled in value after its listing on the hong kong stock exchange we'll look at why investors are so excited about the tick tock. board poses a $1300000000.00 loss for 2020 becoming another call for a victim of the pandemic it's also laid out problems being caused by a worldwide shortage of electronic chips. and it's super bowl weekend it's always a major money spinner but we'll look at the economics behind this year's pandemic
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friendly football. business in berlin welcome to the program shares in tic toc rival quite a show almost tripled in value on their hong kong stock exchange debut on friday it followed an i.p.o. from the short video sharing up that raised $5300000000.00 that makes it the largest tech listing since the ride sharing service in 2019 the app based in china story its share price. rise almost 200 percent to $43.00 us dollars the company is a close competitor of byte stamps which earns the globally popular tick tock. let's get more on this from our correspondent in taipei song hand so just explain to us 1st off because people have heard of tech talk the man i have heard of quite shows what what is it. quite so is the 2nd largest short video
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platform and china as you just mentioned is like tick tock it's like a short video platform where people can upload their funny dio's every day life video and now tick tock in china has around 600000000 users well quite so it's catching up with almost 500000000 users but if you use them you'll find very different features on them and a very different target groups talk you'll see a lot of content based life streaming of young influence and celebrities with their glamorous lifestyle unquiet so it's like its model to embrace all kinds of lifestyle you'll find a lot of ordinary people cross through users shot their videos from everywhere from china remote villages or in small cities so it's really getting popular because it seemed to be an app for everybody but both of the apps they make money through e-commerce ally get mean and ally market it behind it have some dressmaking the
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value of christ show i mean its share prices triple years after it's listing why are investors so excited about it well after tick tock exit the hong kong market quiet so becomes the only short video platform company in the market so it's making this like investor feeling very very special it's getting very popular among the retail investors especially for them it's like a very exciting game to see this i.p.o. so before the i.p.o. 1420000 people signed up for the lottery is the highest number ever and the winning rate was only 4 percent so it's amazing for the investors as to see such a medium sized company to rise to like other big companies and become one of the hong kong market with one with very high market value. are there any risks for chinese companies listing this well there are some the 1st risk is
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china's anti-monopoly rules am met to digital platforms we all remember how the end group was forced to quit its i.p.o. and the management reshuffle afterwards so this time we don't know when the chinese government will probably step and set more limits and the 2nd risk is its copyright problems just before the i.p.o. the chinese government's netted ask why so to remove almost $10000.00 allegedly infringing b.d.'s and the government. has another 500. another 135000000 in front of videos so the industry believe that this may lead to future lawsuits between quite so and its investors. in taipei thanks for bringing us up to date time now for a look at some of the other business stories making the news johnson and johnson has asked u.s. regulators for emergency authorization of its covered vaccine if approved it would
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offer logistical advantages it doesn't require 2 doses or the deep freeze storage needed for some already approved shops. demand for electric vehicles soared in the e.u. last year according to the european automobile manufacturers association almost $540000.00 fully electric autos were sold across the block that's almost 120 percent from 2019 buyers took advantage of government subsidies and boosting the sector. now carmakers have struggled during the pandemic and ford is the latest victim announcing a $1300000000.00 loss for 2020 ford says it has plenty of cash on hand to invest in electric cars and digitize ation but those plans might have to wait the car maker is temporarily cutting back production due to a shortage of computer chips one of several manufacturers facing
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a squeeze due to pandemic supply chain disruption. as i understand a little bit better by speaking to our financial correspondent in frankfurt conrad bruce and conrad a worldwide shortage of computer chips how did this happen. good morning rob well you know the situation there is a bit like with the corona vaccines have we ordered early enough which country gets 1st will we get enough doses and will we get them on time questions like this are being asked in many other industries right now as well take the car industry how can you do serious production planning as the economy last year has slumped so steeply what kind of recovery can you reckon with this is what has disrupted the supplied syrians so much what's more the push for digital digital turtle is ation the push for online has also pushed demand for computer chips in many other industries as well and the computer chip makers now they serve who pays
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most there's a competition in who gets 1st. germany's major carmakers have also been affected by this ship shortage what are they been saying are there any ideas on how to solve this problem quickly. yes sadie's and porsche are preparing stockpiling capacity is that a shift away from this you know just in time production management they've gotten so used to others like the auto industry supply here in germany is that frederic soften there saying we should think about having more production of computer chips locally like you know in the country the globalization has gotten. hits in recent years and that's why industries should look to be less dependent on global suppliers to come up isn't in frankfurt thanks for bringing us up to date on
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a story that's likely to be a characteristic of this year. now while the pandemic left many of us grounded flying drones is becoming a popular outdoor activity one drone flight school in australia has seen a surge in business but it is it could become an unlikely victim of a route between the australian government and search engine google is their story. done outside and with plenty of space for social distancing drone piloting is a pandemic friendly activity. at this dronett class instructors say they've had lots of success attracting students online thanks to the world's most popular search engine google to search you know just organic results no i hit. a look at a couple they compared is the ratio to them but they had the best feel for some students drone flying isn't just a hobby they're getting pilots licenses to set up their own businesses and say
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mapping or photography google has helped create a marketing ecosystem interested people can find the school new students means drone and stays afloat and graduates of the program start their own drone related operations. but now google is threatening to pull out of australia over a proposed law that would require digital platforms to pay local media outlets and publishers to link to their content and news feeds or search results. that's bad news for drown it nor anyone with an amount of going to try to get all comes from google you know there will be a lot of challenges we have to you know learn. learn beam you know they do work and personal a spot overall we hear same group the government says the proposed law simply asked tech but he missed to pay their fair share since they received value from displaying australian journalism google says the lot would give australian news media in an unfair advantage meanwhile competitor microsoft has signaled its
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prepared to fill the gap with its big search engine if google does pull out for the students and instructors here in sydney the dispute means quite a bit of turbulence that the hopefully learn to navigate. and its super bowl weekend the big game between the book in is on the kansas city chiefs in tampa bay on sunday it promises to be a great contest always a little different this year only 20 percent of the seats are going to be filled with concord cutouts filling the rest of them but there are other changes too even for the fans that are watching at home. this is the arena and these are the gladiators tom brady versus patrick mahoney. the bucs versus the chiefs fighting for the vince lombardi trophy the biggest prize in american football. this is another match up won't be happening
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this year coke versus pepsi. because of the pandemic many companies have to side that not to throw millions into the annual advertising extravaganza both companies have seen revenues dip during the pen demick as restaurants in the u.s. and in many other countries around the world were closed. also sidelined the famous budweiser clydesdales the brewery giant plans to forego their traditional ats and instead invest in public service announcements to promote the covert $1000.00 vaccination effort. still c.b.s. who's producing the super bowl has almost sold out its available ad space at a clip of $5600000.00 for a 32nd commercial that's just about the same price tag as last year expensive but
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for the companies the investment pays off. this year in particular you have fewer super bowl parties you aren't out at ours where maybe the t.v.'s are on silence so i think this year you're actually seeing more people really engaging with the ads and spending time watching the ads more so than in the past you know your stanleys may be gathered together in smaller groups so they can actually listen to you and hear the ads they think that actually is attractive for the marketers that are buying into the game this year. for france they'll be a lot of entertainment crammed into the ads including some big names matthew mcconaughey and many kale ing mila kunis ashton kutcher and shaggy all selling doritos. to this other commercials feature actors michael b.
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jordan and will ferrell. and for younger football fans even the cookie monster makes an appearance. a good idea. so for me in the business team here in berlin if you want more from us check out our website the way dot com slash business until next time to buy time to catch. the monster confidant their lover. and undercover agent for the british colleagues . activists came to enjoy the summer spotlight on down to the most intimate details . to a mistake. but instead of stopping these romeo agents the government. powers something stronger up. next on t.w. . what secrets lie behind the wall. discover
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new adventures in the 360 degree. and explore fascinating world heritage site. w world heritage 360 getting up now. to look at the. very warm welcome to the program glad you could join us today europe is still in the middle of the fight against the coronavirus right now and it's especially the mutated forms of the virus that are a major concern there spread is bringing intensive care units to their limits some european countries are almost out of i.c.u. .
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