Pinduoduo: Profit Outlook Does Not Justify the Current Valuation
The recent rally in the share price puts Pinduoduo (PDD US)’s valuation multiples on par with Alibaba Group (BABA US)’s multiples during the...
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Chinese Digital Advertising: Best (And Worst) Plays, in Anticipation of the ByteDance IPO
Based on a bottom-up aggregation of reported revenue, the Chinese digital advertising market has grown at a staggering compound annual rate of more...
400 Views
Pinduoduo: At the Intersection of Two E-Commerce Megatrends
Pinduoduo is at the intersection of two megatrends - fresh foods e-commerce and live-streaming. Fresh foods e-commerce penetration remains...
451 Views
Li Auto IPO Initiation: On a Charge
Lixiang Automotive (LIX CH)/Li Auto is the first company to successfully commercialise EREVs (extended-range electric vehicle) in China, the Li...
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China Internet Weekly (13Jul2020): Alibaba’s Freshippo and Ele.me Exploring Cities and Businesses
Alibaba (BABA)’s Freshippo opened two “Freshippo-mini” stores in Beijing. Alibaba (BABA)’s Ele.me began to deliver goods other than cooked...
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