Discussion with PDD's IR Team (Part II): Mid-Term Strategy Seems to Be Different from Alibaba and JD
Our recent conversation with the Pinduoduo (PDD US)’s IR team suggests that the company’s medium-term strategy is broadly different from other...
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Alibaba (BABA): Tax Bureau Eyes Online Retailers
The tax bureau required all online retailers to pay evaded tax for the past three years. We believe Alibaba will lose commission on GMV (Gross...
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China Internet Weekly (15Jun2020): Virus Found in Another Wet Market, Online Retailers’ Tax Eyed
Panic buying restarted as four infections were found in a wholesale wet market in Beijing. Alibaba (BABA) announced they will recruit 5,000...
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ECM Weekly (14 June 2020) - JD, Burning Rock, Kangji Med, Hygeia Healthcare, Pop Mart, Bohai Bank
Aequitas Research puts out a weekly update on the deals that have been covered by the team recently along with updates for upcoming...
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Bitauto (BITA US): Done Deal. Keep An Eye on Yixin's MGO
On the 13 September 2019, Tencent Holdings (700 HK) and Hammer Capital tabled a preliminary non-binding proposal for Bitauto Holdings Ltd Adr (BITA...
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