Yu 'ebao used to have peaks and valleys The company's chief executive and chairman Venkat Meenavalli media interview said: "the ultra high current market valuation is not reasonable and not real, we put the ipo pricing valuation for $5 is a very good description." But he emphasised: "we are a profitable company that has nothing to do with the current digital currency frenzy. Longfin has grown at a rapid rate of 200 per cent over the past six months and earned a profit of $28m. Western economists further point out that the main factor that leads to the difference between trading costs in markets and businesses is the incompleteness of information. Because of the incompleteness of the information. Any party of a contract will be trying to collect, information and access to what they didn't have to monitor each other's behavior, and try to constraints, and afterwards to punish in advance of each other's default behavior and so on. All these practices produce transaction costs. As a result of these practices in the market and the enterprise can take different forms, so the corresponding transaction costs is not the same, in particular, under the condition of asymmetric information, in the process of market transactions, transaction cost, as a result of these practices are often very high. Therefore, through the organizational form of enterprises, some market transactions can be internalized to eliminate or reduce the high transaction costs generated by some market exchanges. Micron cfo Ernie Maddock says: Mehrotra said the additional rate for PC flash drives in 2017 is about 35 percent, and will increase to 75 percent by 2020. And "a lot of hard drives still need to be replaced by SSDS... Future self-driving vehicles are expected to be equipped with about 40GB of DRAM... This will also drive the use of NAND flash memory." The international monetary fund cut its growth forecast for the UK to 1.6 per cent this year from 1.7 per cent in October and is expected to grow by 1.5 per cent in 2018.