Ximalaya Pre-IPO - Peer Comparison
Ximalaya (XIMA US), the largest online audio platform in China, is looking to raise around US$1bn in its US listing. As of 1Q21, it had 250m MAUs...
235 Views
Ximalaya Pre-IPO - The Negatives
Ximalaya (XIMA US), the largest online audio platform in China, is looking to raise around US$1bn in its US listing. In this note, we will talk...
371 Views
Ximalaya Pre-IPO - The Positives - A Whole Lot of Listening
Ximalaya (XIMA US), the largest online audio platform in China, is looking to raise around US$1bn in its US listing. In this note, we'll talk about...
270 Views
Spotify 1Q21 Earnings: What Is an Audio Platform Worth? 2-3x Sales?
Spotify printed a 1Q21 miss on MAUs and mediocre guidance update for 2021. Spotify is one of the worst business models of a large cap TMT company...
261 Views
Netflix 1Q21: We Ran Out of Content
Netflix just issued its weakest guidance in years. We think subscriber growth will reaccelerate in a few quarters, making Netflix a sneaky long by...
293 Views