In today’s briefing:
- Consumer Tales Aug Wk#3: Ola’s Dream Ride, Shopee’s SE Asia Lead, Jollibee’s Joyful 2Q
Consumer Tales Aug Wk#3: Ola’s Dream Ride, Shopee’s SE Asia Lead, Jollibee’s Joyful 2Q
- Welcome to Consumer Tales & Trends, your weekly roundup of the latest corporate developments, investment reports and sector events in the consumer industry.
- Ola Electric (OLAELEC IN) has surged 75% from its IPO issue price. For investors wondering about potential upside, we present our base-to-bullish case valuation range for Ola Electric’s stock price.
- Sea (SE US) revised Shopee’s 2024 GMV growth outlook to the mid-20% range. Jollibee Foods(JFC PM)‘s impressive June quarter results stand out against broader trend of weaker sales in QSR sector.
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