Meituan-Dianping Metrics Versus Global Online Food Delivery Peers
In this note we compare Meituan Dianping (3690 HK)’s key metrics from three global online food delivery (OFD) companies (Grubhub Inc (GRUB US),...
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Course Correction: Raising Meituan-Dianping to Hold
Meituan’s 2Q19 results were better than we expected, particularly profitability in its Food Delivery segment, which accounted for 57% of total...
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New Prosus Offer Won't Take Away Just Eat
Late last year, erstwhile activist Cat Rock Capital (which owned about 2% of the company) sent the board of Just Eat PLC (JE/ LN) a letter saying...
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Just Eat (JE/ LN): Who Else Can Enter the Bidding War?
On September 22, Prosus made an offer for Just Eat PLC (JE/ LN) at 710p per share or c. 20% above Just Eat’s closing share price on the previous...
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Uber Pre-IPO - Uber Eats the US$703m Guzzler Is Growing Fast but It's Not Moving up the Leaderboard
Uber Technologies (0084207D US) aims to raise US$10bn+ in its US IPO at a US$90-100bn valuation, as per media reports. I've covered some of the...
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