We're more optimistic on its margin expansion potential.
In the long term, we think the narrow moat firm's margin expansion story remains.
We see a good opportunity to invest in this wide-moat Internet giant.
We expect to see increasing revenue growth in the rest of the year as comparisons become easier.
The narrow-moat firm's network effect with 392 million users will continue to drive sales growth and help protect against increasing competition.
The no-moat firm is on track to achieve profitability this year.