58.com: Done Deal If Tencent Joins Consortium
Back on the 2 April, China's 58.Com Inc (WUBA US) received a preliminary, nonbinding proposal from Ocean Link Partners, at $27.50 per Class A or...
593 Views
58.com’s Privatisation: Next Move Tencent
On 29 April, 58.Com Inc Adr (WUBA US) announced an updated non-binding privatisation proposal. As a reminder, on 2 April, 58.com announced a...
382 Views
(Mostly) Asia M&A: April 2020 Roundup
For the month of April, just six new deals were discussed on Smartkarma with an overall announced deal size of ~US$9.4bn. Clicking on the...
701 Views
China Internet Weekly (27Apr2020): BABA, PDD, BIDU, Xiaomi, JOBS, Most Moves Are About Cash
We believe cash balance may not tell the truth, but companies’ moves will. Alibaba (BABA) plans to invest in computing infrastructure – fat...
367 Views
58.com: Offeror No Stranger To Privatisations. And Controversy
With the spotlight centered on the Luckin Coffee (LK US) fraud, on the same day, China's 58.Com Inc Adr (WUBA US) received a preliminary,...
698 Views