Independent research on the U.S. markets, Baptista Research

Baptista Research

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. 

We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Alibaba Group Holding Limited has reportedly offered $1.5 billion to acquire Pupu Supermarket, a Fujian-based fresh grocery delivery platform, in a move that could intensify its competition with Meituan and JD.com across China’s local commerce market.</li><li>The reported bid is materially above the earlier $600 million offer from Gao Xin Retail, indicating how scarce and strategically important independent fresh retail assets have become.</li><li>Pupu operates a 30-minute delivery model across multiple cities in four provinces and reportedly generates more than RMB 30 billion in annual revenue, giving Alibaba a potential route to deepen its presence in fresh grocery, quick commerce, and local living.</li></ul>

Alibaba Group Holding Limited has reportedly offered $1.5 billion to acquire Pupu Supermarket, a Fujian-based fresh grocery delivery platform, in a move that could intensify its competition with Meituan and JD.com across China’s local commerce market.The reported bid is materially above the earlier $600 million offer from Gao Xin Retail, indicating how scarce and strategically important independent fresh retail assets have become.Pupu operates a 30-minute delivery model across multiple cities in four provinces and reportedly generates more than RMB 30 billion in annual revenue, giving Alibaba a potential route to deepen its presence in fresh grocery, quick commerce, and local living.

Alibaba’s Possible Pupu Takeover for $1.5 Billion Grocery Could Reshape China Commerce!