Meituan Dianping – Is a One Billion U.S. Dollar Impairment Forthcoming?
Follow Antya Investments Since initiating coverage prior to Meituan Dianping’s (3690 HK) IPO, we have been bearish with respect to both its valuation and its business prospects given escalating competition in China in the food delivery segment, courtesy Alibaba Group Holding (BABA US). Moreover, with a slowing Chinese economy putting downward pressure on outbound tourism […]
Tesla Motors – Gaining Industrial Strength
Follow Antya Investments Tesla Motors (TSLA US) continues to power ahead of the competition in electric vehicles with an 80% market share of all electric vehicles sold in the United States in 2018. With approximately 140,000 Model 3 cars sold in the U.S., Tesla outsold every marquee sedan brand. Model 3 outsold mid-size SUVs including […]