Pinduoduo: Impressive 1Q Results Despite COVID-19 but Remains Overbought
Pinduoduo (PDD US)’s 1Q FY03/20 financial results were pretty impressive despite the impact of COVID-19. PDD seems to have performed comparatively...
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Setting up Reference Points for Dada Nexus' 'Dada Now' Local Delivery Business
In this note we seek to provide context so investors can better understand the business model, scale, and growth of Dada Now (DDN), the local...
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Dada Nexus IPO: All That Glitters Is Not Gold
Dada Nexus Limited, a Chinese on-demand retail and delivery platform has filed for an IPO in the US. The company has not yet issued details of the...
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Alibaba: Poor 4Q Compared to JD.com and PDD
In our previous notes, we have raised our concerns over Alibaba Group (BABA US)’s slowing domestic e-commerce business. Alibaba’s 4Q FY03/20...
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Alibaba (BABA US): Four Reasons to Own the Stock
Alibaba Group (BABA US) reported its consensus beating Q4FY20 (March quarter) results on Friday 22 May 2022, and the share price fell 6%. As a...
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