China Online Retail Sales Tracker: Steady Recovery in June Without the Optical Illusion
Consensus revenue estimates for Chinese e-commerce platforms could be too conservative based on comparison to the NBS data. 2Q21 revenue and...
177 Views
The Week That Was in ASEAN@Smartkarma - Indonesia's Peak, Mayora Indah, and IPOs
The week that was in ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive, and actionable insights from across South...
175 Views
Bukalapak IPO: Valuation Insights
Bukalapak will price its IPO at the top-end of its indicative price range of Rp750-850 per share, according to press reports. Our valuation...
303 Views
Understanding Alibaba, Why It's Better Than Amazon
Alibaba is entirely misunderstood by most investors. It is more an ecosystem than a company as I shall explain. Combine Amazon including AWS, Ebay,...
245 Views
Alibaba (BABA): China E-Commerce Growth Rate Not Declining, But Accelerating
We believe China online retail growth rate accelerated in May and June 2021 compared to 2019. In 2021, e-commerce apps keep most users who started...
277 Views