Zhihu (知乎) IPO Trading - Peers Have Corrected Significantly but Still Has a Modest Upside
Zhihu Technology (ZH US) was said to have raised US$773m at the bottom-end of the IPO price range (including the US$250m concurrent placement)
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Zhihu (知乎) IPO - Monetizing Curiosity
Zhihu Technology (ZH US) is looking to raise about US$1bn (including concurrent placement) in its U.S. IPO. Zhihu is a question-and-answer (Q&A)...
589 Views
China Internet Weekly (Mar 8): New Law Limits BABA & Tencent’s Loan Biz, BIDU Starts Car Production.
The new law impacts Alibaba and Tencent loan business. Alibaba is strengthening its “community group purchase” of fresh food. Trip.com was still in...
442 Views
Youdao (有道) Placement - Reasonable Valuation with Strong Growth Momentum
Youdao (DAO US) is looking to raise about US$240m in its follow-on offering. In this note, we will briefly look at Q3 2020 results, share our...
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China Internet Weekly (14Dec2020): WeChat Banned Third-Party Apps, Ambassadors Visited Xiaomi
The Politburo of China said it would prevent capital from expanding disorderly. Tencent WeChat prevents third-part apps from using WeChat freely....
451 Views