Delhivery IPO Trading - Anchor Book Was Good but Overall Demand Was Still Tepid
Delhivery raised around US$680m in its India IPO, the company is backed by a host of financial investors, the largest being Softbank. In this note,...
585 Views
Sea Ltd: In Rough Seas
Sea's share price rose 14% yesterday after beating consensus revenue by 1.4%, but this seems unwarranted as Sea lowered the lower-end of the e...
524 Views
JD.com Tencent Distribution - All Prosus Stock Worth US$3.5bn Could Be in CCASS Now
In Dec 21, Tencent declared a special dividend via distribution in specie of JD.com shares, making Prosus the 3rd largest shareholder. Some shares...
1.2k Views
Coupang: Decelerating Revenue, Sporadic Profitability and Still Expensive
Coupang's comments on the gross margin outlook are a bit concerning and make us think that the improvement in Q1 was just a one-off. Meantime, the...
412 Views
GEM Weekly (6 May 2022): Chinese and South Korean Macro; Xiaomi, Didi, Pinduoduo, JD.com, NetEase
The Global Emerging Markets weekly provides a summary of the key news and related developments impacting the largest countries and constituents of...
372 Views