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Cainiao Smart Logistics Network
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CaiNiao Smart Logistics Pre-IPO Part 3 | Key Comps, Valuation Multiples | 310 Bn CNY Justifiable
Equity Capital Markets
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22 Oct 2023 02:50
In this insight we present an approach to valuing CaiNiao, including which comps and multiples make the most sense. We believe a valuation of up to 310 bn CNY (US$40+ bn) is justifiable.
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