Z Holdings: Aggressive Consensus + Expensive Valuation
In our previous note, Z Holdings 1Q Update: Strong GMV Growth Is Not Expected to Last Longer Than COVID-19, we suggested that Z Holdings (4689...
362 Views
Z Holdings 1Q Update: Strong GMV Growth Is Not Expected to Last Longer Than COVID-19
We hardly see any improvement in Z Holdings (4689 JP)’s commerce business (excl. ZOZO) from 1Q FY03/21 results, despite a temporary bump in...
395 Views
LINE Joint Tender: Cash Price, Schedule, & Squeeze-Out
Naver put out three regulatory filings about the joint tender to LINE shareholders yesterday on DART.First of all, cash bid price? Unfortunately,...
310 Views
The End of the LINE (3938)
Today after the close, Naver Corp (035420 KS) and Softbank Corp (9434 JP) announced that the two companies would launch a Tender Offer for the...
521 Views
The Zozo Revival: A New Private Brand of Many Names, Category Expansion, Merchants Return
ZOZO (3092 JP)'s new plan to create a direct-to-consumer (DtoC) e-commerce platform this October, and fund the brands sold on it, is much more than...
406 Views