Ruhnn (如涵) Pre-IPO Review- Significant Concentration Risk
Ruhnn Holding Ltd (RUHN US) is looking to raise about US$200m in its upcoming IPO. The company is an internet key opinion leader (KOL) incubator in...
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Quick Update on ZTO Express: Results OK, but Guidance Unimpressive
After reviewing 4Q18 results and guidance for 2019, we retain our negative view of ZTO. For 2019 and 2020, we continue to expect slower top-line...
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Re-Launching Coverage of ZTO Express with Sell Rating and US$13.31 Target Price
ZTO Express (ZTO US)'s earnings will fail to meet the high expectations of sell-side analysts and investors who seeit as a cheap proxy for Chinese...
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Bits and Bytes : Facebook Feels the WeChat Burn + Why Does Lyft Want to List ?
Facebook Inc A (FB US) : Mark Zuckerberg sees the light or is facing the WeChat burn? It seems like the whole tilt towards ensuring a more safe,...
596 Views
Who Will Win the Cashless Wars in Japan?
Astonishing as it may seem but 80% of all retail transactions in Japan are made with cash and 88% if you include the cash stored in so-called...
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