[Blue Lotus Daily-TMT Update]:BABA US/3690 HK/JD US/PDD US/IQ US/700 HK
Ele.me launches group ordering service to compete with Meituan, DingTalk enhances 365 Membership, Taobao offers advertising rebate for new merchants.
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SF Holdings A/H Listing - Recent Updates as the US$1.5bn Raise Gets Closer
S.F. Holding (002352 CH), China’s largest express delivery company, is now said to be looking to raise around US$1.5bn in its H-share listing. In...
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GoTo Gojek Tokopedia (GOTO IJ) - Fintech Leading The Charge
GoTo Gojek Tokopedia 3Q2024 results made for positive reading, with core proforma GTV increasing by 74% YoY, with net revenues growing +106% YoY,...
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Tencent (700 HK) 3Q24 Earning Preview: Expecting Record High Operating Profit, 27% Upside
We expect operating profit will reach a record high in 3Q24. We believe both Alibaba’s usage of WeChat Pay and boycotted JD.com will provide market...
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Eternal Beauty Pre-IPO - The Negatives - Core Offering Hasn’t Been Growing
Eternal Beauty Holdings (EB) is looking to raise about US$200m in its upcoming Hong Kong IPO. In this note, we talk about the not-so-positive...
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