Shopee’s Weaknesses Exposed as Free Fire Lose Steam
Even though the consensus is suggesting that Sea Ltd will breakeven in 2023 and make an operating profit of $3.6bn in 2024, the recent cost trends...
381 Views
Paytm IPO Trading - Largest IPO with Lowest Coverage, Skipped by Domestics
Paytm (PAYTM IN) raised around US$2.5bn via selling a mix of primary and secondary shares in its India IPO. In this note, we will talk about the...
368 Views
Grab - Resilience in Motion
Grab's recent results reflected a resilient performance as growth in deliveries more than offset the slower performance in mobility due to...
327 Views
The Week That Was in ASEAN@Smartkarma - Matahari Dept Store, Cimory IPO, and Philippine Banks
The week that was in ASEAN@Smartkarma is filled with an eclectic mix of differentiated, substantive, and actionable insights from across South East...
191 Views
Bukalapak: Mitra Won’t Save The Day Any More
At 27.9x FY+2 revenue, Bukalapak has plenty of further downside potential especially considering that that the Mitra business may not grow fast...
439 Views