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
So-Young (新氧) Pre-IPO Review - Au Naturel
So-Young (SY US) is looking to raise US$150m in its upcoming IPO. The company filed its prospectus with the SEC on Monday. The company operates...
1.5k Views
India Payments | What Really Matters and Suggested Channel Checks
Can Alibaba Group Holding (BABA US) 's Alipay and Tencent Holdings (700 HK) WeChat pay replicate their success in India? With the world's second...
1.1k Views
Global Ex-U.S. Equity Strategy: Positive Outlook Intact; Remain Overweight China
Incremental technical developments continue to be of the bullish variety as more and more countries/regions begin to participate in the rally....
593 Views