Youdao: VC Investments in Online Learning Validate Robust Growth Outlook, Raise FV to US$48.2 (+29%)
Baidu-backed online education startup, Zuoyebang, just raised US$750mn in its Series E giving it a valuation north of US$6.5bn. This happened just...
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Our Tech Portfolio Update: COVID Winners Reaping Rewards, Niu Soars 80%+
Niu Soars as Market Finally Appreciating EV Micromobility Amidst COVID; Momo Loses Ground to CompetitorsThe months of May and June saw a...
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Dada Nexus IPO Valuation: Too Glittery and Overvalued
Dada Nexus, a Chinese on-demand retail and delivery platform has filed for an IPO in the US and the company is looking to raise US$247.5-280.5m at...
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NetEase Hints that Youdao Might Come Home Too
While we were working on our IPO note on NetEase Inc (NTES US) secondary listing on the Hong Kong Stock Exchange, one thing which caught our eye...
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NetEase – Micro-Quantamentals Point to Margin Compression
As NetEase prepares to list in Hong Kong we examine the company’s financials to dig into the prospects for revenue growth and margin expansion....
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