Swiggy Pre-IPO - Peer Comparison - Smaller, Slower and Less Profitable
Swiggy is planning to raise around US$1.25bn through its upcoming India IPO. In this note, we undertake a peer comparison.
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[Blue Lotus Daily-TMT Update]:700 HK/1024 HK/BABA US/PDD US/JD US
NPAA releases October game code license approval results, Tencent resolves anti-cheat case for , maintains high daily active users.
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[Blue Lotus Daily]:ZTO/2618HK/NIU/603529CH/1585HK/MNSO/300750CH/1211HK/ZLAB/BZ/1810HK/AAPL/NIO/XPEV
ZTO US sees strong parcel volume during Double 11 sales, while Cainiao delivery integrates with JD platform in 2618 HK.
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ZEEKR IPO Lockup - A US$1.3bn+ Lockup Expiry but Everyone Is Underwater
ZEEKR (ZK US), a premium EV brand by Geely Auto (175 HK), raised around US$440m in its US listing. Its IPO lockup will expire soon.
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Monthly Chinese Express Tracker | Q3 Volume Growth & Price Declines Both Moderated | (October 2024)
Parcel volume growth moderated for the express companies in Q3, but so did price declines. We expect the Chinese express companies to report...
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