Autohome (ATHM): Higher Margin in 2Q20 and China Car Market Growing Faster Than Last Year
ATHM’s operating margin improved to 29% in 2Q20 versus 25% in 2Q19. The car sales volume in China declined YoY before the pandemic, but turned...
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Chinese Digital Advertising: Best (And Worst) Plays, in Anticipation of the ByteDance IPO
Based on a bottom-up aggregation of reported revenue, the Chinese digital advertising market has grown at a staggering compound annual rate of more...
479 Views
Li Auto IPO Initiation: On a Charge
Lixiang Automotive (LIX CH)/Li Auto is the first company to successfully commercialise EREVs (extended-range electric vehicle) in China, the Li...
613 Views
China Internet Weekly (22Jun2020): Coupon to Promote AliPay, Tencent Develops a Nintendo Game
Alibaba (BABA) will issue coupons to promote AliPay. Tencent (700 HK) developed a game on Nintendo’s Switch. NetEase (NTES) rents the brand "Lord...
407 Views
Bitauto’s Privatisation Enters into a Definitive Agreement
On 12 June, Bitauto Holdings Ltd Adr (BITA US) announced that it has entered into a definitive agreement for a privatisation proposal from Tencent...
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