Meituan Dianping IPO: Tastier at the “New” Low End of the IPO Price Range
Meituan Dianping (MEITUAN CH) has set an indicative IPO price range of HK$60-72 ($7.64-$9.17) per share and seeking a valuation of $45.5 billion to...
376 Views
Meituan Dianping (美团点评) IPO: Thoughts on Valuation - The Market Structure and the Variables (Part 3)
Meituan Dianping is said to launch its book building on September 3rd next week. We covered the company's fundamentals in our previous two...
980 Views
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....
682 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...
201 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....
619 Views