Trip.com Q320 Results Met Guidance, But Q420 Guidance Suggests Very Slow Recovery
Trip.com met Q320 net revenue guidance but offered guidance for Q420 that assumes only modest progress toward recovery in the current period.
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Dada Nexus Placement: Ascend and Deliver
Dada Nexus is seeking to raise as much as $521 million through an issue of 9 million ADSs. Overall, we would participate in the placement.
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Dada Nexus (达达集团) Placement - Proving Its Worth; Traded Well Since IPO
Dada Nexus Ltd (DADA US) is looking about US$495m in its follow-on offering. In this note, we will look at deal dynamics and run the deal through...
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DoorDash IPO: First Take on Proposed IPO Price Range of US$75-85 Per Share
On some metrics, US-based online food delivery company looks reasonably priced at the mid-point of its IPO range. We highlight some factors that...
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TRACKING TRAFFIC/Chinese Tourism: Macau's Slog | Golden Week Fails to Shine | LNY 2021 At Risk?
Chinese travel demand remained weak in October, which included the long Golden Week holiday. Poor outbound travel demand is not a surprise at this...
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