Merger of Uber China and Didi Will Benefit Tencent and Alibaba in Long Term; A Negative for Baidu
On Aug. 1, 2016, Uber, the global leading app-based ride hailing service provider, announced its intention to merge Uber China with Didi Chuxing....
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SNOW - Asia's Snapchat
SNOW, owned by Naver Corp (035420 KS), is Asia's version of Snapchat. SNOW is a multimedia mobile application. Naver decided to spin-off SNOW...
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Uber China to Merge with Didi - Minimal Valuation Uplift for Baidu, But More Consolidation?
According to media reports, Uber China will merge with Didi Chuxing, the largest ride-hailing company in China, at a combined valuation of...
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Korea Stock Market Monthly Recap #4 - (July 2016)
Key Events in July - Rebound from the Brexit announcement, driven by expectation of further delay in Fed's rate hikes coupled with increasing...
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Post 2Q16 Results: Alphabet Continued to Beat Baidu on Growth, Valuation and Risks
For 2Q16, Alphabet Inc Cl C (GOOG US)'s revenue and non-GAAP EPS beat consensus by 3.5% and 4.7%, respectively, while Baidu Inc (ADR) (BIDU...
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