Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

SK Telecom: Major Highlights of 4Q19 Earnings Conference Call

Korea M&A Spotlight: Ebay Korea Is Up for Sale (Pressured by Elliott Mgmt to Sell?)

Kurly - A Korean Online Grocery Receives $150 Million from DST, Hillhouse Capital, & Sequoia Capital

Alibaba (BABA): Want Fresh Food? Order Between 0:01~7:00 A.m. Due to Coronavirus

SK Telecom: Name Change & IPOs of SK Broadband, ADT Caps, & 11st (Harbinger of SK Reorganization)?

Coronavirus Outbreak, KOSPI Performance During MERS Outbreak, & The Great Fire of London in 1666

Private Capital Markets

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<p><strong>In this report, we provide an analysis of 11st and other major Korean e-commerce companies that are likely to have record results in 1H 2020. </strong></p>
<p>Due to the Wuhan virus, there has been a surge in traffic among major e-commerce sites including 11st, an affiliate of <a href="https://www.smartkarma.com/entities/sk-telecom" target="_blank" data-smartkarma-citation="entities:395:1" rel="noopener">SK Telecom (017670 KS) </a>in recent weeks. Many people in Korea are avoiding going to the crowded supermarkets and other retail shops but instead increasing their shopping online. </p>
<p><a href="https://biz.chosun.com/site/data/html_dir/2020/02/02/2020020200549.html?utm_source=naver&amp;utm_medium=original&amp;utm_campaign=biz" target="_blank" rel="noopener">According to 11st</a>, there has been a significant increase in shopping through its online website since the last week of January. In the six days (1/27 ~ 2/1), fresh food purchases on 11st increased 46%, daily necessities 104% and processed foods 53%. Korean ginseng and vitamin purchases also increased by 73% and 45%, respectively. Some products such as masks and hand cleaners experienced exponential increases in demand (up 37,169% and 6,679%, respectively versus the same period in the previous month). </p>
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In this report, we provide an analysis of 11st and other major Korean e-commerce companies that are likely to have record results in 1H 2020. 
Due to the Wuhan virus, there has been a surge in traffic among major e-commerce sites including 11st, an affiliate of SK Telecom (017670 KS) in recent weeks. Many people in Korea are avoiding going to the crowded supermarkets and other retail shops but instead increasing their shopping online. 
According to 11st, there has been a significant increase in shopping through its online website since the last week of January. In the six days (1/27 ~ 2/1), fresh food purchases on 11st increased 46%, daily necessities 104% and processed foods 53%. Korean ginseng and vitamin purchases also increased by 73% and 45%, respectively. Some products such as masks and hand cleaners experienced exponential increases in demand (up 37,169% and 6,679%, respectively versus the same period in the previous month). 


Hyundai Home Shopping Network (057050 KS)

11stなど韓国の主要Eコマース企業は2020年上半期に過去最高の業績を達成する見込み