Duiba (兑吧) IPO Review - Interactive Ad Leader

Duiba (兑吧) Pre-IPO Review - A Case of Successful Pivot - Gamification of Ads

ECM Weekly (13 April 2019) - So-Young, Japan Post Trio, Shenwan Hongyuan, Changliao, Uber

APAC IPOs & Placements

Zhen Zhou, Toh

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Equity Capital Markets

<p><a href="https://www.smartkarma.com/entities/28027" target="_blank" data-smartkarma-citation="entities:28027:1">Duiba Group (1753 HK)</a> raised US$85m at HK$6 per share, the bottom end of its IPO price range. We have covered the IPO in:</p>
<ul>
<li><a href="https://www.smartkarma.com/insights/duiba-ipo-review-interactive-ad-leader" target="_blank" data-smartkarma-citation="insights:29251">Duiba (兑吧) IPO Review - Interactive Ad Leader</a></li>
<li><a href="https://www.smartkarma.com/insights/duiba-pre-ipo-review-a-case-of-successful-pivot-gamification-of-ads" target="_blank" data-smartkarma-citation="insights:29166">Duiba (兑吧) Pre-IPO Review - A Case of Successful Pivot - Gamification of Ads</a></li>
</ul>
<p>In this insight, we will update on the deal dynamics, implied valuation, and include a valuation sensitivity table.</p>

Duiba Group (1753 HK) raised US$85m at HK$6 per share, the bottom end of its IPO price range. We have covered the IPO in:

Duiba (兑吧) IPO Review - Interactive Ad Leader
Duiba (兑吧) Pre-IPO Review - A Case of Successful Pivot - Gamification of Ads

In this insight, we will update on the deal dynamics, implied valuation, and include a valuation sensitivity table.

Duiba (兑吧) Trading Update - Weak Debut but Still Has Upside