Setting up Reference Points for Dada Nexus' 'Dada Now' Local Delivery Business
In this note we seek to provide context so investors can better understand the business model, scale, and growth of Dada Now (DDN), the local...
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Meituan (3690 HK): We Give Conservative Revenue Estimates and Significant Downside
Revenues declined by 12.6% YoY in 1Q20, better than the industry average. Restaurant review, as the only profit source, shrank most among all...
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Dada Nexus (达达集团) Pre-IPO - JDDJ App Review and a Look at Competitors
Dada Nexus (DADA US) is looking to raise about US$500m in its upcoming IPO in the U.S. The company is a fast-growing local on-demand retail and...
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HKEX – Not So Fast
*Possible Gift to HKEX: Lower equity market velocity - on the back of reduced market volatility, reduced investment income, and ratcheted pressures...
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Short Interest Spiked for Meituan, HSBC and CR Beer
Hong Kong SFC reported on today for aggregate short position on May 15. The aggregate short value for equities increased by $313m (+0.6%) WoW and...
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