A tech conglomerate with a leading industry position in no fewer than 8 industries with revenues growing ~20% and trading at 24x earnings excl. investments, Tencent is the company you would have tried to create if you had a crystal ball in China in 1998. But Tencent didn’t need a crystal ball because they had … Continue reading "Tencent Deep Dive"| DJY Research
Alibaba today is a bit of an enigma with investor trepidation stemming from both inadequate competitive moats and fears that regulators could curtail this “monopoly.” Adding to the confusion, Alibaba likely houses more billion-dollar businesses than any other company. The fear of competition is real though: PDD is gaining share on lower end commerce, JD.com … Continue reading "Alibaba Deep Dive"| DJY Research
PetroChina Meituan Fast Retailing JD Logistics JD Tencent Grab Coupang Nintendo Didi Alibaba Sea Bilibili Coverage* *This list is NOT comprehensive. If there’s a company you’d like us to cover that’s not on here, shoot us an email or DM us on twitter to have it added. Row 1: Pinduoduo, Xiaomi, Mercari, Tencent Music, Meituan, … Continue reading "Reports"| DJY Research
Edit: Please check out our most recent deep dive, a 24,000 word report on Alibaba! Hi! Thanks for checking us out at DJY Research. Every month, we will do a deep dive on an Asian equity. If you like our research, please subscribe. This is our second report and final free sample. Next month, only … Continue reading "Sea Limited"| DJY Research