Cancelling CaiNiao's IPO: What It Means for China's Express Sector (+Comment on Implied Valuation)
330 Views17 Apr 2024 07:58
In this insight we discuss the potential impact of Alibaba's decision not to list CaiNiao's shares, and offer a brief comment on the implied valuation of CaiNiao vs rival J&T Global.
What is covered in the Full Insight:
- Cancelling of CaiNiao IPO
- Potential impact on China's express sector
- CaiNiao's re-focus on profitability
- Comparison of CaiNiao's and J&T's valuations
- Alibaba's future plans for CaiNiao
SUMMARY
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