WM Tech Pre-IPO - Peer Comparison and Pre-IPO Valuation - Some Signs of Advantage
WM Tech (WMT) is a fresh food and FMCG retailer in China. The company operates its business primarily through two brands, Wumart (ē©ē¾) and Metro (麦德é¾).
WM Tech Pre-IPO: Wumart as Main Brand, Marginalized on the Ground
Here in Shanghai Wumart convenience stores have already been closed.Wumart supermarkets do not have advantageous locations.We have not seen home...
Singapore Mini Lockdown: Winners and Losers
In this report, we identify that Sheng Siong (SSG SP) , Sea Ltd (SE US) and Singapore Post (SPOST SP)as winners while Comfortdelgro Corp (CD SP)...
Nongfu Spring (å夫山ę³) IPO: Bottle Size Matters, Photos on the Ground
We visited a supermarket RT-Mart (大润å) and a convenience store Lianhua (čå) in Shanghai. We believe Nongfu Springās advantages are (1) plastic...
China E-Commerce as a Supermarket Play
COVID-19 is having a devastating human and economic impact across the globe.Ā However, supermarkets and grocery delivery businesses (thanks to the...
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