Meituan Dianping IPO Preview: Unpalatable Valuation Due to Structural Limitations
Meituan Dianping (MEITUAN CH) is set to kick off its IPO roadshow on 3 September and will be listed on the Hong Kong Exchange on 20 September....
696 Views
Naspers Profitability Continues to Improve but Discount to NAV Remains Stubbornly Wide
Naspers (NPN SJ) recently announced mixed FY18 results which showed a slowdown in top-line growth (ex-Tencent), but continued success in lowering...
214 Views
Naspers Continues to Execute Well on Its Non-Tencent Investments.
Naspers (NPN SJ) recent 1H18 results show continued traction on the top-line with revenues (adjusted for M&A and FX) continuing to accelerate....
635 Views
Hello, HelloFresh: German Meal-Kit Firm's Flexible, Asset-Light Model Bests Blue Apron's Approach
Introduction: Hello, HelloFreshBerlin-based meal-kit company HelloFresh plans to list in Frankfurt soon, and hopes to raise as much as 300 mn Euros...
296 Views
Market Is Ignoring Naspers' Investment Track Record. Discount to Underlying Value Is Unjustified
Over the last year, either the market has implicitly marked down the value of Naspers (NPN SJ) unlisted e-commerce assets by $18bn, OR the implied...
316 Views