GoTo: Profitability Is a Tall Order and in Need of More Cash to Fuel Growth
Operating losses further widened in 2Q2022. The company spends heavily on promotion and S&M to generate orders. Reuters reported that GoTo is...
307 Views
The Week That Was in ASEAN@Smartkarma - Sido Muncul's Inflationary Pinch, XL Axiata, and Thai Banks
The Week That Was in ASEAN@Smartkarma is filled with an eclectic mix of differentiated, substantive, and actionable insights, macro and equity...
210 Views
PT Surya Citra Media Tbk (SCMA IJ) - On the Cusp of a Convincing Recovery
PT Surya Citra Media is a proxy for recovering advertising spending as the Indonesian economy recovers plus its digital strategy through Vidio is...
268 Views
Grab: Earnings Beat Estimates but No Meaningful Improvement Yet
Mobilities saw drop in take rate and margin cf. 1Q2022. Demand for food delivery is softening with relaxing of travel restrictions and cutting down...
349 Views
Sea Ltd (SE US) - Turning Tides Present a Different Wave
Sea Ltd's 2Q2022 results were impressive on a number of levels, with profitability in its core e-commerce business improving considerably in core...
444 Views