Z Holdings: Aggressive Consensus + Expensive Valuation
In our previous note, Z Holdings 1Q Update: Strong GMV Growth Is Not Expected to Last Longer Than COVID-19, we suggested that Z Holdings (4689...
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Z Holdings 1Q Update: Strong GMV Growth Is Not Expected to Last Longer Than COVID-19
We hardly see any improvement in Z Holdings (4689 JP)’s commerce business (excl. ZOZO) from 1Q FY03/21 results, despite a temporary bump in...
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LINE Joint Tender: Cash Price, Schedule, & Squeeze-Out
Naver put out three regulatory filings about the joint tender to LINE shareholders yesterday on DART.First of all, cash bid price? Unfortunately,...
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The End of the LINE (3938)
Today after the close, Naver Corp (035420 KS) and Softbank Corp (9434 JP) announced that the two companies would launch a Tender Offer for the...
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The Zozo Revival: A New Private Brand of Many Names, Category Expansion, Merchants Return
ZOZO (3092 JP)'s new plan to create a direct-to-consumer (DtoC) e-commerce platform this October, and fund the brands sold on it, is much more than...
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