Softbank Group: Buybacks, Optimism on Food Delivery Help Narrow Discount to 41%
Softbank Group is trading near recent highs boosted by share buybacks and enthusiasm on ride hailing/food delivery as Vision Fund investments are...
398 Views
DoorDash – Primed for a Nice Open but the Peak of Good News Could Have Passed
DoorDash has put up some very impressive growth numbers of late but the question is exactly how vulnerable demand is once lockdowns end.
605 Views
Meituan: 'Delivery Margin' Dipped in Q3 | How Patient Will Investors Be with 'New Initiatives'?
Meituan posted strong top-line growth in Q320, but core profitability dipped. We are concerned about 'delivery margin' and wonder how long...
473 Views
DoorDash IPO Valuation Analysis
Our base case valuation of DoorDash is $45 billion or $116 per share, which is 37% higher than the high end of the IPO price range of $75 to $85...
850 Views
Dada Nexus Placement: Ascend and Deliver
Dada Nexus is seeking to raise as much as $521 million through an issue of 9 million ADSs. Overall, we would participate in the placement.
436 Views