Kanzhun Pre-IPO - Bumble Meets Linkedin
Kanzhun, an online recruitment platform in China, aims to raise around US$800m in its US IPO. The company is backed by Tencent. Kanzhun runs BOSS...
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Tencent Holdings – Awaiting The Big Hit
TENCENT HOLDINGS: Tencent] reported 1Q21 YOY total revenue growth of 25%, while non-GAAP operating profit increased just 20%. An FHC suggests...
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NetEase (NTES): 1Q21, Game Slowing Down as Game Industry Has Changed
The main business, game, continued to slow down in 1Q20. We believe NTES is losing brand advantage, because the game industry has changed.
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TME: Strong 1Q Driven by Record Online Music User Adds; Shares Fall Amidst Regulatory Scrutiny
Tencent Music reported its 1Q2021 results which saw revenues growing 24.0% YoY to RMB7.8bn. TME’s operating profit for the quarter grew 11.8% YoY...
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Tencent Music (TME): 1Q21, New CEO Cares Financial Data, But Not Operating Data, Buy
The revenue growth rate accelerated in 1Q21. The new CEO wants to monetize the free user base and cut marketing expenses.
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