Dingdong (叮咚买菜): Fresh Food Competition in and Outside of Frontline Warehouse

Dingdong Maicai Pre-IPO - It's Still like a VC Bet but Probably Worth It

Missfresh Limited (每日优鲜) Pre-IPO - Worrying and Unsustainable Trend

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

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

<a href="https://www.smartkarma.com/entities/missfresh-limited" target="_blank" data-smartkarma-citation="entities:33468:1" rel="noopener">Missfresh (MF US)</a> (MFL) is looking to raise up to US$336m in its U.S. IPO.MFL is a leading online and offline neighbourhood retail platform with three main businesses, on-demand distributed mini warehouse (DMW) business, intelligent fresh market, and retail cloud services. As per iResearch, MFL was the company that pioneered the DMW model in 2015 before any player in the industry. As of March 31, 2021, the company had a network of 631 DMWs in 16 cities in China.Our previous coverage of the IPO:<ul>
<li>
<a href="https://www.smartkarma.com/insights/missfresh-limited-pre-ipo-worrying-and-unsustainable-trend" target="_blank" data-smartkarma-citation="insights:52862" rel="noopener">Missfresh Limited (每日优鲜) Pre-IPO - Worrying and Unsustainable Trend</a> </li>
<li>
<a href="https://www.smartkarma.com/insights/dingdong-maicai-vs-miss-fresh-pre-ipo-one-clear-winner" target="_blank" data-smartkarma-citation="insights:52871" rel="noopener">Dingdong Maicai Vs Miss Fresh Pre-IPO - One Clear Winner</a> </li>
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<a href="https://www.smartkarma.com/insights/dingdong-fresh-food-competition-in-and-outside-of-frontline-warehouse" target="_blank" data-smartkarma-citation="insights:52994" rel="noopener">Dingdong (叮咚买菜): Fresh Food Competition in and Outside of Frontline Warehouse</a> </li>
</ul>

Missfresh (MF US) (MFL) is looking to raise up to US$336m in its U.S. IPO.MFL is a leading online and offline neighbourhood retail platform with three main businesses, on-demand distributed mini warehouse (DMW) business, intelligent fresh market, and retail cloud services. As per iResearch, MFL was the company that pioneered the DMW model in 2015 before any player in the industry. As of March 31, 2021, the company had a network of 631 DMWs in 16 cities in China.Our previous coverage of the IPO:

Missfresh Limited (每日优鲜) Pre-IPO - Worrying and Unsustainable Trend 

Dingdong Maicai Vs Miss Fresh Pre-IPO - One Clear Winner 

Dingdong (叮咚买菜): Fresh Food Competition in and Outside of Frontline Warehouse 


Missfresh Limited (每日优鲜) IPO - Stale Valuation