IQ Weakening H2: Deceleration in Subscription Due to Content Restriction;Worsening Ad Demand TP= $12
We are seeing that iQIYI Inc (IQ US) is struggling to simultaneously grow paying both user and monthly ARPU. Current ARPU is ~12.7RMB (less than...
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Douyu (斗鱼直ć’) - Post-IPO Trading: Prefer Douyu to Huya at This Discount
Douyu International Holdings (DOYU US) , a major e-sports live streaming company in China, raised USD 775 million at USD 11.50/share. In our...
753 Views
Maoyan Entertainment: Tencent Collaboration Is a Temporary Reprieve
Maoyan Entertainment (1896 HK) is the largest online movie ticketing service provider in China. Since Tuesday, Maoyan shares rallied around 20% on...
591 Views
DouYu IPO: Valuation Sensible up to a Point
Douyu International Holdings (DOYU US) is a leading game live streaming platform in China with a focus on e-sports content. It announced its IPO...
811 Views
Alibaba (BABA): Thorough Explanation of June Re-Organization
On June 18, BABA sent an internal mail to all employees and announced another step of “organizational upgrading”. We believe the re-organization...
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