In this briefing:
1. Weibo (WB): Revenues Slowed Down Significantly in 4Q2018, Failed in Transition
- The advertising revenues slowed down significantly in 4Q2018.
- We believe the content transition from politics to entertainment was not as good as the management expected.
- We believe WB will not defeat Tencent’s WeChat.
- We believe the stock price has downside of 9%.
Get Straight to the Source on Smartkarma
Smartkarma supports the world’s leading investors with high-quality, timely, and actionable Insights. Subscribe now for unlimited access, or request a demo below.