China Internet Weekly (6Apr2020): JD Founder Resigned, LK Cooked Book, BIDU & PDD's Odd Financing
JD.com (JD)’s founder resigned. Luckin Coffee (LK) cooked its books. Tencent (700 HK) WeChat Pay’s new function: consumer loan. Tencent (700 HK)...
518 Views
58.com’s Privatisation Bid Leads to Much Head-Scratching
On 2 April, 58.Com Inc Adr (WUBA US) announced a non-binding privatisation proposal from Ocean Link Partners. The bid of $55.00 per ADS values...
539 Views
What Might Have Happened at Luckin Coffee (瑞幸咖啡) + Trade Ideas and Implication for Other ADRs
Luckin Coffee (LK US) announced last night that the Board of Directors has formed a special committee to oversee an internal investigation into...
769 Views
58.com to Buy Uxin’s B2B Used Car Auction Business
China’s largest marketplace for classifieds, 58.com announced on Tuesday (24th March) that it has entered into a definitive agreement to buy the...
570 Views
China Internet Weekly (16Mar2020): IKEA Goes to Alibaba and Gome Appliance Goes to JD.com
IKEA started an online store on Alibaba (BABA)’s Tmall.com and Gome started an online store on JD.com. Alibaba (BABA)’s home delivery network,...
488 Views