Four Reasons Why It Could Be a LONG Time Before Meituan's Food Delivery Segment Becomes Profitable
In our view, Meituan Dianping (3690 HK)'s Food Delivery segment (62% of Meituan's reported Revenue last year) needs to do two things in order to...
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Meituan Dianping (3690 HK): Good Interims but Fully Priced
Meituan Dianping (3690 HK) is trading marginally below its IPO price of HK$69 per share. Its maiden 1H18 results continued to show that Meituan is...
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Fosun Tourism IPO, Part 1: Back to the Beach With Club Med! | But Is This a 'China' Play?
Earlier in September Fosun Tourism (1638664D HK) filed a prospectus in preparation for listing in Hong Kong. Terms of the offering have not yet...
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Meituan Dianping IPO: Mobike’s Economics – A Deep Dive
With Meituan Dianping (3690 HK) expected to price in the upper half of its IPO price range, we take a deep dive into the economics of Mobike, its...
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Meituan Dianping (美团点评) IPO: New Data, Mobike, Liquidity and Refined Valuation (Part 4)
Book building for Meituan Dianping's institutional tranche commenced on September 4th with cornerstone investors taking up 34% to 41% of the base...
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