Starbucks (SBUX): China Strategy Reaped by Luckin’s Parasitical Tactic, a Visit and Case Study
We believe Luckin copies SBUX’s site selection, but chooses low rental places close to Starbucks shops. Starbucks plans to add delivery business...
1k Views
Sell/Avoid Baidu: A Fiduciary Nightmare, Adopting Global Worst Practice
For those with a fiduciary duty, we think Baidu Inc (ADR) (BIDU US) offers a potential nightmare. It seems that the ADS shares are effectively...
476 Views
Weimob IPO Preview: Aggressive Accounting Makes a Big Dent in the Growth Story
Weimob.com (1260480D CH) is a combination of a SaaS software and an adtech (targeted marketing) business. Weimob is the largest third-party service...
710 Views
AsiaInfo IPO Valuation: Not Enough of a Discount
Asiainfo Technologies (1119892D CH) is a leading Chinese telecom software and services provider with a 25% market share as measured by revenue in...
612 Views
Tencent Music Entertainment Group – Back in the Groove with an Unjustified Valuation Multiple
The proposed IPO of Tencent Music Entertainment (TME US) although highly anticipated is no slam dunk for investors. China's online social...
668 Views