VNG Pre-IPO - The Positives - Vietnam's Mini-Tencent
Vng (VNG US), Vietnam’s leading internet platform, aims to raise up to US$300m in its US IPO. In this note we talk about the positive aspects of...
721 Views
The Week That Was in ASEAN@Smartkarma - Grab's Win, ROTI Oven Ready, and Top Thai Picks
The Week That Was in ASEAN@Smartkarma is filled with an eclectic mix of differentiated, substantive, and actionable insights, macro and equity...
646 Views
Grab Holdings (GRAB US) - Growth with Scale from a Stable Platform
Grab Holdings (GRAB US) released another set of positive results but this time the balance between profitability and growth was well-struck, as it...
949 Views
Grab: Profitability Seems Not So Easy to Sustain
Grab’s share price moved up c. 10% following its 2Q2023 earnings on the back of improved profitability. Even if Grab meet its profit timeline,...
600 Views
ARM Holdings Pre-IPO - Pre-Privatisation to Pre-Listing Changes - Slower Growth, Lower Margins
Softbank Group aims to raise around US$8-10bn via selling some of its stake in ARM Holdings’ US IPO. In this note, we compare its recent...
637 Views