Coupang's Rights Offering - Cash Burn to Increase
Ahead of Coupang's 3Q earnings, we will need to focus on days turnover for payables and of course the spend on new businesses.
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Kakao Pay IPO: Valuation
With regulations surrounding fintech and internet platforms in South Korea starting to tighten, investors are showing less enthusiasm and seem...
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Kakao Pay IPO - Comparison with Kakao Bank and an Alternate Look at Valuation
Kakao Pay (KP), one of South Korea’s largest payment and financial services apps, aims to raise up to US$1.3bn in its South Korean IPO. In this...
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Listing of 4 New Metaverse Related ETFs in Korea
There were four new metaverse related ETFs were launched in Korea on 13 October for the first time ever in the Korean stock market.
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Kakao Pay IPO - Low-End Still Appear Reasonable but Stock Will More Likely Be Driven by Sentiment
Kakao Pay aims to raise up to US$1.3bn in its South Korean IPO. In this note, we will look at the recent updates and revisit our valuation.
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