ZOZO: From Here to Tender Close
On 11 September 2019, Z Holdings (4689 JP) announced it would buy a stake in ZOZO Inc (3092 JP) of a minimum of 101.97mm shares (33.4%) up to...
673 Views
Mercari: Micro-Quantamental Support for LT 40% OPM and Signs of a US Turnaround Say Buy
With Mercari down 55% from the intraday high it reached on its first trading day despite strong revenue growth, we assess the whether it is time to...
578 Views
Zozo: What Are the Downside Risks Post-Tender Close?
Yesterday in our initial commentary on the announcement of Yahoo Japan (4689 JP)'s tender offer for 50.1% of ZOZO Inc (3092 JP) we were somewhat...
632 Views
The Era of Digital Zaibatsu*: Takeover of Zozo a Win for Softbank/Yahoo in Online Supremacy Battle
As everyone will now know, Yahoo Japan (4689 JP) will buy a major stake in Japan's leading online fashion retailer ZOZO Inc (3092 JP). Zozo’s...
678 Views
The RealReal IPO: Really Really Attractive???
RealReal Inc (REAL US) is a luxury goods "recommerce" name based in the US that plans to raise about $328m (assuming full exercise of greenshoe...
506 Views