Yong Tai (YTB MK): Attended Grand Launch of Encore Melaka Show; Stock Trades at 5x FY19 EV/EBITDA
We attended the official launch of the Encore Melaka: Impression Series show over the weekend. The event was hosted in the brand new purpose-built...
487 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 China’s food delivery, in-store dining, and hotel...
720 Views
TRACKING TRAFFIC/Chinese Tourism: May Traffic Can't Match April's Strength | Meituan IPO a Threat
Tracking Traffic/Chinese Tourism is the hub for all of our research on China's tourism sector and features analysis of monthly Chinese tourism...
215 Views
Baidu – IQIYI IPO Surfaces Value of Core Business – Search Is Undervalued
We believe Baidu Inc (ADR) (BIDU US) has taken multiple steps to de-risk its business by divesting the financial services segment, and via a...
139 Views
What a 'Moat' Might Look Like: Travelsky Vs. Ctrip.com in Nine Charts
One of our frequent criticisms of online travel agency Ctrip.com International (ADR) (CTRP US) is that its role in China's tourism sector is...
531 Views