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...
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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...
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(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...
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Car Inc (699 HK) - Needs A Hire Purpose
Last Friday (3 April), shares of Car Inc (699 HK), China’s largest car rental company, declined by 54% (on 139mn shares compared to the 3-month...
552 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...
530 Views