bearish
58.com (WUBA): Layoff Can Control Margin, But Cannot Raise Growth, 11% Downside
392 Views19 Nov 2019 21:29
WUBA controlled operating expenses by laying off 10% of the staff in 3Q19. We believe the margin will continue to be stable in 2020.
The growth...
SUMMARY
(Sign Up to Access)Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
- Unlock all research summaries
- Follow top, independent analysts
- Receive personalised alerts and emails
- Access Briefings, Analytics, and Events
Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.
Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.
or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 3-minute read)
Discussions
(Paid Plans Only)
Price Chart(Sign Up to Access)
- 58.com: Done Deal If Tencent Joins Consortium05 May 2020
- 58.com: Offeror No Stranger To Privatisations. And Controversy07 Apr 2020
- 58.com Sees COVID-19 as Catalyst for Industry Consolidation; Expects Rebound in 2H2013 Mar 2020
- 58.com (WUBA): Layoff Can Control Margin, But Cannot Raise Growth, 11% Downside19 Nov 2019
- 58.COM (WUBA): Operating Profits Up 30%, But Membership Stagnant, Still Hold23 Aug 2019
- 58.com (WUBA): Won Competition, Upgrade to Hold30 May 2019
- 58.com (WUBA): Weak Membership Growth Suggests More Volatile Performance, 17% Downside04 Mar 2019
x