Weibo (WB): Zero Growth in 2Q19, Dead as a Political Forum, 40% Downside
In 2Q19, the revenue growth plunged to zero, but the operating margin was still stable. We apologized that we picked P/E valuation between P/E and...
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Monetisation of International Markets Occuring Faster Than Expected; Getting Closer to Profitability
Pinterest Inc (PINS US) reported its 2Q 2019 financial results yesterday (1st August 2019). Pinterest reported revenue of $261m (+62% YoY) for 2Q...
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Smartkarma Originals
Tencent Bull Case: Buy the Online Community Empire, Not Just a Game Operator
We believe the online community WeChat is the real main business of Tencent, because WeChat’s user base supports all business lines in Tencent and...
913 Views
U.S. Equity Strategy: Upgrading Cap-Weighted Communications to Overweight
We continue to move increasingly toward the bullish camp and we believe equities are poised for higher prices moving forward. In today’s report we...
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Pinterest IPO: Time to “Pin” It
Pinterest Inc (PINS US) will be the latest Silicon Valley social media company to go public this week. Pinterest has set an IPO price range of...
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