ANGI Homeservices (ANGI): Fixed Price Will Fix the Price I (Fundamentals).
Obexâs fundamental research process is focused on secular change in the TMT and Consumer sectors. We seek to differentiate between fundamental...
835 Views
Meituan (3690HK): Restaurant Review App, the Main Profit Source and Its Advantage over Alibaba
We believe Dianping, the restaurant review app, is the main source of Meituanâs profits. Alibaba Group Holding (BABA US) followed Dianping to...
701 Views
Meituan-Dianping IPO, Part 2: Food Delivery Segment Boasts Amazing Growth & Unclear Path to Profits
textMeituan-Dianping (Meituan Dianping (MEITUAN CH), aka âMeituanâ), an online consumer services platform with leading positions in Chinaâs food...
641 Views
Meituan-Dianping IPO, Part 1: Role in China's Travel Segment, Comparison to Incumbent Ctrip.com
Meituan-Dianping ('Meituan'), an online consumer services platform with leading positions in Chinaâs food delivery, in-store dining, and hotel...
864 Views
2018 IPO/M&A Activity Preview: Chinese Tourism Sector Should See Consolidation of Hotel Chains
The objective of this note is to identify important near-term drivers of M&A activity in China's fast-growing tourism sector. We'll also...
408 Views