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)...
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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...
460 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...
714 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...
488 Views
COVID-19: A Brutal Lesson in Sustainability and Systemic ESG Risk
The COVID-19 pandemic is, above all else, a human health crisis. But it's a multidimensional crisis that serves as a poignant lesson in global...
608 Views