Equity Analyst, LightStream Research

Shifara Samsudeen, ACMA, CGMA

A chartered management accountant with more than 10 years of rich experience in investment research and financial analysis. Worked as an equity analyst for one of the world's largest asset managers with USD2.5trn in AUM covering numerous sectors including chemicals, retail, tech, autos, telco, real-estate and banks, globally. Experienced in fundamental equity research, industry research, commodity studies, forensic accounting, and due diligence reviews.

Equity Analyst

As China EduTech Goes Not-For-Profit Will India’s Promising Alternatives Fill Their Wake?

Paytm IPO: Multiple Revenue Channels but Profitability Is a Tall Order

PB Fintech IPO: Poised to Benefit from Structural Changes in Insurance and Lending Markets in India

Didi Chuxing: Didi Removes Its App from App Stores Over Privacy Concerns

Kanzhun Trading Update: Take Profits Before Cyberspace Watchdog Imposes Another App Ban

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Long-Short Analysis on Japan, Asia and the World

LightStream Research

LightStream conducts quantitatively rigorous and data-driven analysis with a focus on Japan and Asia.

We consistently cover the Tech, Consumer and Industrial sectors, and provide ECM and Events coverage more broadly.

We supplement traditional qualitative insights from company relationships with a robust quantitative foundation that examines as much historical data as is available.
We further refine the accuracy of our insights and calls through the use of alternative data to flesh out current trends, and through a valuation framework that emphasises non-superficial peer group selection and a proper attempt to understand the metrics and changes that have driven security valuations in the past.

Equity Bottom-Up

As the Chinese regulators have ordered <a href="https://www.smartkarma.com/entities/didi-chuxing-inc" target="_blank" data-smartkarma-citation="entities:27467:1" rel="noopener">DiDi Chuxing (DIDI US)</a> to remove its app from app stores citing privacy concerns, <a href="https://www.smartkarma.com/entities/meituan-dianping" target="_blank" data-smartkarma-citation="entities:26970:1" rel="noopener">Meituan (3690 HK)</a>  re-launched its stand-alone app for ride-hailing on app stores on Friday. Didi was ordered to remove its app from app stores on 04th of July over violating personal data of its users two days after its US IPO.Meituan’s ride-hailing app known as “Meituan Dache” was launched as a stand-alone app in 2017, however, the company merged the app into the Meituan Super App in 2019 due to heavy costs of running the app.  The Meituan ride-hailing app not only offers its own ride-hailing services but also has partnered with other ride-hailing companies including Shouqi Car-Hailing Services, Shenzhou Special Car Service and Caocao to aggregate their services.

As the Chinese regulators have ordered DiDi Chuxing (DIDI US) to remove its app from app stores citing privacy concerns, Meituan (3690 HK)  re-launched its stand-alone app for ride-hailing on app stores on Friday. Didi was ordered to remove its app from app stores on 04th of July over violating personal data of its users two days after its US IPO.Meituan’s ride-hailing app known as “Meituan Dache” was launched as a stand-alone app in 2017, however, the company merged the app into the Meituan Super App in 2019 due to heavy costs of running the app.  The Meituan ride-hailing app not only offers its own ride-hailing services but also has partnered with other ride-hailing companies including Shouqi Car-Hailing Services, Shenzhou Special Car Service and Caocao to aggregate their services.

Didi: Meituan Quietly Relaunches Ride-Hailing App Amid Didi App Removal to Grab Some Market Share

DiDi Global

Didi: Meituan Quietly Relaunches Ride-Hailing App Amid Didi App Removal to Grab Some Market Share