Tongcheng-Elong IPO Preview: When Unequals Try to Merge as Equals
Tongcheng-Elong Holdings Ltd (1629482D CH) is the third largest online travel agency (OTA) in China as measured by gross merchandise value (GMV)....
806 Views
Cross-Border E-Commerce in China: Updates and Whos' Who
Cross-border E-commerce ("CBEC") is a sector that has grown tremendously over the past few years with the help of the internet, the emergence of...
504 Views
Tencent (700 HK): Dominant Viewpoint Misunderstands Reorganization
We do not believe that Tencent will change their focus to corporate services from individual user services as the dominant viewpoint describes. We...
787 Views
Alibaba (BABA US): A Generalist's Guide
Who doesn't love a good old-fashioned rags to riches story? The place was Hangzhou, the capital of Zhejiang province in eastern China. The man was...
1.2k Views
Four Reasons Why It Could Be a LONG Time Before Meituan's Food Delivery Segment Becomes Profitable
In our view, Meituan Dianping (3690 HK)'s Food Delivery segment (62% of Meituan's reported Revenue last year) needs to do two things in order to...
687 Views