IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

Arun has over 15 years’ experience covering the Technology sector. During this time, he has worked with technology start-ups and as an equity analyst in investment banks and independent research firms. He was formerly a Technology Analyst for Canaccord Genuity, Altium Securities, Espirito Santo Investment Bank, Noble Group and Clear Capital. He has a dual Master’s degree in Financial Engineering and Industrial and Operations Engineering from the University of Michigan. He obtained his Bachelor’s degree in Mechanical Engineering from the Indian Institute of Technology, Bombay. He is also a CFA charterholder.

IPOs and Catalysts/Events

Babytree IPO Valuation: On an Alibaba Hope and Prayer

BabyTree(1761.HK) FY18 Results: E-Com Further Hit by 'integration' with Alibaba; India Foray Timely

Babytree Group - Lock-Up Expiry Quick Take - A Motley Crew of Early Investors

Babytree IPO Preview: In Desperate Need of Alibaba to Unleash Its Potential

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Global Equity Research Ltd

Global Equity Research was started in 2017 by a group of experienced research professionals. It was founded on a passionate belief in the importance and the need for uncompromised, independent, conflict-free research. We aim to provide differentiated and actionable primary and bottom up fundamental research.

Equity Capital Markets

<p><a href="https://www.smartkarma.com/entities/27351" target="_blank" data-smartkarma-citation="entities:27351:1">Babytree Inc (BABYTRE HK)</a> is a leading Chinese online parenting firm which can be described as a combination of a maternity focused online forum and an e-commerce platform. Babytree cancelled its plan IPO launch on Tuesday and told the press that it had to reschedule the event due to a “technical issue”. Press reports suggest Babytree slashed its proposed IPO raise from $1 billion to $200-300 million. </p><div class="content-highlight"><p>It is unclear when or if Babytree will relaunch its IPO. However, potential IPO investors should consider the cancellation of the initial launch a godsend. In our view, management credibility must be questioned due to weak 1H18 metrics. Should the IPO relaunch, our recommendation is to stay clear. </p></div>

Babytree Inc (BABYTRE HK) is a leading Chinese online parenting firm which can be described as a combination of a maternity focused online forum and an e-commerce platform. Babytree cancelled its plan IPO launch on Tuesday and told the press that it had to reschedule the event due to a “technical issue”. Press reports suggest Babytree slashed its proposed IPO raise from $1 billion to $200-300 million. It is unclear when or if Babytree will relaunch its IPO. However, potential IPO investors should consider the cancellation of the initial launch a godsend. In our view, management credibility must be questioned due to weak 1H18 metrics. Should the IPO relaunch, our recommendation is to stay clear. 

Babytree IPO PHIP Update: Parenting Lacking Credibility