Vipshop (VIPS US): Priced for Perfection
The stock has had a phenomenal run from the 12-month low of USD6.26, nearly providing a 200% return at the recent peak of USD18.80 on 16 April...
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Pinduoduo: Impressive 1Q Results Despite COVID-19 but Remains Overbought
Pinduoduo (PDD US)’s 1Q FY03/20 financial results were pretty impressive despite the impact of COVID-19. PDD seems to have performed comparatively...
461 Views
Setting up Reference Points for Dada Nexus' 'Dada Now' Local Delivery Business
In this note we seek to provide context so investors can better understand the business model, scale, and growth of Dada Now (DDN), the local...
558 Views
Dada Nexus IPO: All That Glitters Is Not Gold
Dada Nexus Limited, a Chinese on-demand retail and delivery platform has filed for an IPO in the US. The company has not yet issued details of the...
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Alibaba: Poor 4Q Compared to JD.com and PDD
In our previous notes, we have raised our concerns over Alibaba Group (BABA US)’s slowing domestic e-commerce business. Alibaba’s 4Q FY03/20...
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