Asian Equities Analyst, Logistics & Transport, Tracking Traffic

Daniel Hellberg

Asian Equities Analyst, Logistics & Transport

Equity Capital Markets

Blue Apron Holdings  / Equity Capital Markets

<h2>Introduction: Hello, HelloFresh</h2><p>Berlin-based meal-kit company HelloFresh plans to list in Frankfurt soon, and hopes to raise as much as 300 mn Euros in the process. The company sells its meal kits via subscription in seven European countries, Australia, Canada, and the US. As such it competes with <a href="https://www.smartkarma.com/entities/24175" target="_blank" data-smartkarma-citation="entities:24175:1">Blue Apron Holdings, Inc. (APRN US)</a>, which is based in New York and sells meal kits only within the US. </p><p>This note is a brief introduction to <a href="https://www.smartkarma.com/entities/20226" target="_blank" data-smartkarma-citation="entities:20226:1">Rocket Internet Se (RKET GR)</a>-backed HelloFresh that compares…</p>

Introduction: Hello, HelloFreshBerlin-based meal-kit company HelloFresh plans to list in Frankfurt soon, and hopes to raise as much as 300 mn Euros in the process. The company sells its meal kits via subscription in seven European countries, Australia, Canada, and the US. As such it competes with Blue Apron Holdings, Inc. (APRN US), which is based in New York and sells meal kits only within the US. This note is a brief introduction to Rocket Internet Se (RKET GR)-backed HelloFresh that compares…

Hello, HelloFresh: German Meal-Kit Firm's Flexible, Asset-Light Model Bests Blue Apron's Approach

Differentiated global TMT & Internet Research

New Street Research Insights

New Street Research

Research is provided by our team of experienced analysts. Our work is idea driven, based on independence of thought, sector expertise, and firmly focused on fundamentals and valuation of telecoms and internet names globally. New Street is headquartered in London with offices in New York, Singapore and Australia. 

New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:

Pan European Telecom Services and Cable
US Telecoms, Cable, Satellite and Towers
Global Emerging Market Telecoms
Japan Telecoms
Asian Internet
Pan European Healthcare
US Healthcare
Japanese Healthcare

We also provide debt research on:
Pan European Telecom Services and Cable

Equity Bottom-Up

<p>We wrote previously that the Philppine telcos; <a href="https://www.smartkarma.com/entities/4215" target="_blank" data-smartkarma-citation="entities:4215">Philippine Long Distance Tel</a> (PLDT) and <a href="https://www.smartkarma.com/entities/1926" target="_blank" data-smartkarma-citation="entities:1926">Globe Telecom Inc</a> (Globe) already discounted <a href="https://www.smartkarma.com/entities/690" target="_blank" data-smartkarma-citation="entities:690">Telstra Corp Ltd</a>'s (Telstra) possible entry as a third operator.  We continue to see a number of hurdles before that becomes a reality and our numbers already reflect lower prices. However, we did not foresee the earnings shock from PLDT announced this week that drove the share price down 19% since 29 Feb.</p><p>PLDT management has become decidedly more cautious on…</p>

We wrote previously that the Philppine telcos; Philippine Long Distance Tel (PLDT) and Globe Telecom Inc (Globe) already discounted Telstra Corp Ltd's (Telstra) possible entry as a third operator.  We continue to see a number of hurdles before that becomes a reality and our numbers already reflect lower prices. However, we did not foresee the earnings shock from PLDT announced this week that drove the share price down 19% since 29 Feb.PLDT management has become decidedly more cautious on…

Germany

Rocket Internet SE invests in the development of companies related to internet industry. The Company provides resources to support corporate concept, set-up, and optimization and assistance to young companies for market analysis, strategy information, product development, human resources, web design, online marketing, internationalization, and web analysis.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Rocket Internet Se (RKET GR)

Hello, HelloFresh: German Meal-Kit Firm's Flexible, Asset-Light Model Bests Blue Apron's Approach

Introduction: Hello, HelloFreshBerlin-based meal-kit company HelloFresh plans to list in Frankfurt soon, and hopes to raise as much as 300 mn Euros...

Daniel Hellberg

PLDT's Earnings Shocker. Guidance Reset.

We wrote previously that the Philppine telcos; Philippine Long Distance Tel (PLDT) and Globe Telecom Inc (Globe) already discounted Telstra Corp...

New Street Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)