Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 25 years of experience in analyzing hundreds of companies, especially in Asia. Deep expertise in the following sectors:
- Technology (E-commerce, SaaS, Internet)
- Consumer 
- Special Situations/Deep Value Plays
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Coming Currency Wars Or Why The Price Of Bitcoin Could Double

Why You Should and Shouldn't Invest in Bitcoin

Kingsoft Cloud - Oversold on Equity Offering; Annual Revenues in 2020 Similar to AWS 9 Years Ago

Kakao: SoTP Valuation & Cryptocurrency Exchange Optionality

This Week in Blockchain & Cryptos: Legitimizing Cryptos in Korea & Top Bitcoin Cities in the World

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

Kingsoft Cloud (金山云) Placement - Selling Slightly Ahead Lock-Up

Thematic (Sector/Industry)

<div class="content-highlight"><p><a href="https://www.smartkarma.com/entities/paypal-holdings-inc" target="_blank" data-smartkarma-citation="entities:4747:1" rel="noopener">Paypal Holdings (PYPL US) </a>made a major <a href="https://edition.cnn.com/2020/10/21/investing/paypal-bitcoin-cryptocurrencies/index.html" target="_blank" rel="noopener">announcement</a> yesterday, launching its own cryptocurrency service that will allow its users to buy, hold, and sell digital currencies such as Bitcoin and Ethereum on its site and applications. For now, PayPal's service will provide customers with the ability to hold and exchange cryptocurrencies. For PayPal's US customers, they will be able to pay for products and services using cryptocurrencies starting in early 2021. Other international users of PayPal will be able to use this service starting sometime in 1H 2021. </p></div><h3>Top 5 AsiaPac Crypto-Sensitive Names to Play</h3><ul>
<li><strong>SBI Holdings</strong></li>
<li><strong>Kakao Corp</strong></li>
<li><strong>Kingsoft Cloud</strong></li>
<li><strong>TSMC</strong></li>
<li><strong>LINE</strong></li>
</ul>

Paypal Holdings (PYPL US) made a major announcement yesterday, launching its own cryptocurrency service that will allow its users to buy, hold, and sell digital currencies such as Bitcoin and Ethereum on its site and applications. For now, PayPal's service will provide customers with the ability to hold and exchange cryptocurrencies. For PayPal's US customers, they will be able to pay for products and services using cryptocurrencies starting in early 2021. Other international users of PayPal will be able to use this service starting sometime in 1H 2021. Top 5 AsiaPac Crypto-Sensitive Names to Play
SBI Holdings
Kakao Corp
Kingsoft Cloud
TSMC
LINE


PayPal Allows Transactions in Cryptos: Top 5 AsiaPac Crypto-Sensitive Names to Play