Xiaoju Kuaizhi (Didi Chuxing) IPO: Growth Vs Margin
We examine the key financial metrics of Didi to the relevant business units of its peers. Overall, in combination with the ongoing regulatory...
271 Views
Didi Chuxing and Softbank - Long Awaited IPO of China’s Mobility Giant Worth $70bn
This report includes full financial forecasts/valuation, the investment case top down and bottom-up,, Uber comps and a list of questions we would...
247 Views
The Week That Was in ASEAN@Smartkarma - Link Net, KBANK, and Grab's Delay
The week that was in ASEAN@Smartkarma is filled with another eclectic mix of differentiated, substantive, and actionable insights from across South...
171 Views
Didi Chuxing (Xiaoju Kuaizhi) Initiation: In for a Bumpy Ride?
Didi is seeking to raise as much as $10 bn. Due to the costly distractions of the non-core business, regulatory overhang and less than ideal...
299 Views
DiDi Chuxing Pre-IPO - Has a Principal Agent Problem, Rumoured Target Valuation Is a Stretch
DiDi Chuxing (DIDI US), the world’s largest mobility technology platform, aims to raise around US$10bn in its US listing. It is backed by Softbank...
468 Views