Last Week on China Internet (21Oct19): Baidu Saves Paper Cup, Tencent Signed up China's Largest Bank
While doing research on Chinese Internet companies, we frequently come across news that merits being highlighted to investors, however, it is not...
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Fangdd Network IPO Initiation: Home Truths
FangDD (DUO US) is the largest online real estate marketplace in China, as measured by the number of registered agents in its marketplace as of 31...
400 Views
PropertyGuru IPO Valuation: Guru at Frothy Valuations
PropertyGuru (PGU AH) is an online property classifieds marketplace with presence in five countries across South East Asia – Singapore, Vietnam,...
712 Views
58.COM (WUBA): Operating Profits Up 30%, But Membership Stagnant, Still Hold
Operating profits increased by 30% YoY in 2Q19 mainly due to the control of marketing expenses. Membership revenues grew only 1.5% YoY and paying...
402 Views
58.com (WUBA): Won Competition, Upgrade to Hold
The stock price has declined 23% since we downgraded WUBA to “sell”. We upgrade WUBA to HOLD. WUBA has been taking active users from Ke, which is...
571 Views