Kuaishou: Online Ad Drives Top Line Growth; Margins to Remain Under Pressure with Overseas Expansion
Kuaishou’s 1Q2021 results reveal that the company’s live streaming business growth is declining after seeing a boost during the pandemic last year.
239 Views
Bilibili (BILI): 1Q21, Weak Game, Strong Video, and Endless Loss
In game industry, distribution channels have lost bargaining power over developers. All BILI's video related businesses grew strongly in 1Q21. We...
202 Views
Bilibili 1Q2021 Results: Value-Added Services and Advertising Drive Revenue Beat
Bilibili reported 1Q2021 results yesterday (13th May) which saw revenues growing 68.4% YoY to RMB3.9bn while operating losses for the quarter...
323 Views
Ximalaya Pre-IPO - Earnings Forecast and Valuation
Ximalaya (XIMA US), the largest online audio platform in China, is looking to raise around US$1bn in its US listing. As of 1Q21, it had 250m...
257 Views
Qiniu IPO Initiation: A PasS
Qiniu has filed for a Nasdaq IPO to raise proceeds of $500 million, according to press reports. We think that the several negatives in the Qiniu...
234 Views