Korea / Special Sits, Pairs, Index Rebalancing, Clepsydra Capital

Sanghyun Park

I investigate special situations, pairs, and index rebalancing trades in Korea.

Korea / Special Sits, Pairs, Index Rebalancing

Thoughts on Amazon –What Does Its Valuation Tells Us?

Netflix & Amazon Expand in Korea – Not a Coincidence

Okja: The Fight Between Netflix Vs. CJ CGV

Equity Bottom-Up

<p>Why did Kakao (035720) buy Loen (016170) at such a high price? Of course, music contents are an important piece of Internet and mobile portal business. But, more importantly, music contents are a proven element that can make users stay longer on an Internet platform service. Kakao desperately needs its users to stay longer in its own anchor platform in order to boost its advertising revenue. Kakao and Daum have almost the same user traffics as Naver (035420) in terms of the number of unique…</p>

Why did Kakao (035720) buy Loen (016170) at such a high price? Of course, music contents are an important piece of Internet and mobile portal business. But, more importantly, music contents are a proven element that can make users stay longer on an Internet platform service. Kakao desperately needs its users to stay longer in its own anchor platform in order to boost its advertising revenue. Kakao and Daum have almost the same user traffics as Naver (035420) in terms of the number of unique…

Kakao (035720): Planning Unconventional Credit Card Business But Need to Be Careful

Kakao Corp

Kakao (035720): Planning Unconventional Credit Card Business But Need to Be Careful