Yunji IPO: Price Range Is a No-Go
Yunji Inc. (YJ US) is a leading membership-based social e-commerce platform in China which primarily sells merchandise through its Yunji app. It...
616 Views
So-Young IPO: Unattractive Valuation
So-Young (SY US) is a leading Chinese plastic surgery platform. It announced its IPO price range of $11.80-13.80 per ADS. At the mid-point of the...
608 Views
Amazon (AMZN): Has Failed and Will Continue to Fail in China – From a Regular Shopper’s Perspective
Amazon decides to close out its third-party retailing in China. We believe Amazon fails in China because it is over-confident in its awareness and...
478 Views
Visit Note | The Case For "Kirana" Stores & Their Fight with Modern Retail
The focus of this Insight is the Food Retail business in India, that is witnessing intense competition. The food retail or the grocery retail...
1.2k Views
Pinduoduo (PDD): Not Only Fake Products, But Also Fake Stores and Fake Numbers
We believe PDD’s operating cash flows depends heavily on “payable to merchants”. We also believe the GMV (Gross Merchandise Value) growth will...
1.1k Views