Coupang Pre-IPO - The Positives - Fast Growth, Sticky Customers
Coupang (CPNG US) , the largest product e-commerce player in Korea, aims to raise around US$3bn in its US listing via a mix of selling primary and...
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Kakao Corp SoTP Valuation - Time To Go Underweight
We believe now is the time to go Underweight on Kakao Corp. Our base case valuation suggests an implied value of 296,066 won per share,...
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Initial Thoughts on the Kakao Pay IPO
Kakao Pay is the leading mobile payment and digital wallet service provider in Korea. Kakao Pay's core service includes allowing users to request...
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