Bilibili (BILI): 1Q21, Weak Game, Strong Video, and Endless Loss
In game industry, distribution channels have lost bargaining power over developers. All BILI's video related businesses grew strongly in 1Q21. We...
349 Views
Bilibili 1Q2021 Results: Value-Added Services and Advertising Drive Revenue Beat
Bilibili reported 1Q2021 results yesterday (13th May) which saw revenues growing 68.4% YoY to RMB3.9bn while operating losses for the quarter...
495 Views
Ximalaya Pre-IPO - Earnings Forecast and Valuation
Ximalaya (XIMA US), the largest online audio platform in China, is looking to raise around US$1bn in its US listing. As of 1Q21, it had 250m...
422 Views
Qiniu IPO Initiation: A PasS
Qiniu has filed for a Nasdaq IPO to raise proceeds of $500 million, according to press reports. We think that the several negatives in the Qiniu...
343 Views
Ximalaya Pre-IPO - Peer Comparison
Ximalaya (XIMA US), the largest online audio platform in China, is looking to raise around US$1bn in its US listing. As of 1Q21, it had 250m MAUs...
412 Views