In today’s briefing:
- Beyond 280 #7 | Shopee’s India Playbook
- TSMC (TSM.US; 2303.TT): TSMC Shall Decide Whether to Raise Wafer Price in One, or Two Month.
- Meituan Short Gains Reward
Beyond 280 #7 | Shopee’s India Playbook
- We speak to a B2B e-commerce consultant who onboards companies looking to sell on platforms like Amazon, Flipkart, Meesho & Shopee.
- Shopee’s approach to a deal based app is seeing encouraging responses both from customers and sellers.
- Indian E-Com has its own nuances, and there is a possibility that growth projections companies operating in the Industry may be overstated.
TSMC (TSM.US; 2303.TT): TSMC Shall Decide Whether to Raise Wafer Price in One, or Two Month.
- We believe TSMC shall decide whether to raise wafer price in one, or two month.
- To our understanding, Intel has gotten the wafer allocation from TSMC for the next two years.
- To our understanding, MediaTek is the first client to perform 4nm production, although the booking quantity is less than Apple iPhone.
Meituan Short Gains Reward
- Meituan short near 300 and on the bear wedge break has paid off. Friday’s price action is disturbing and warrants a downgrade.
- The breakdown below flat range/triangle support is a big negative on the back of sell volume. Bear triangle breaks are often volatile affairs.
- 142 is the fresh downside projection. 200 represents the sell barrier to work with.
Before it’s here, it’s on Smartkarma
