By Anshuman Daga
Noble Group Ltd faces a make-or-break shareholders’ meeting on Monday as investors vote on a $3.5 billion debt restructuring plan.
Sea has made $91.4 million in revenue from its e-commerce unit since the final quarter of 2016, but spent $649 million to promote it.
While MakeMyTrip may not be pressured by competitors to cut rates, this seems to be the only way to pursue growth.
The 120k for 7% model is unlikely to work in China, as the market has more capital than good entrepreneurs. However, if Lu is willing (and able) to experiment new models, there might be a chance.
The core contest comes down to warehouses. Foreign-funded firms aren’t allowed to hold e-commerce inventory in India.
The hugely successful IPO by online marketplace Mercari may transform lukewarm attitudes among mainstream asset managers about investing in Japanese startups.
Platforms ranging from social media to ride-hailing are being gamed for political and financial gains.
Kapwing’s Julia Enthoven describes the side of fundraising not covered in outcome announcements and the lessons and realities that inexperienced entrepreneurs should know to expect.
As investors weigh up whether to buy into China Tower’s IPO, they could build their spreadsheets and run the numbers to compare it with peers. Or they could they face the fact that this is a national service play.
It’s tempting to think of the Southeast Asian internet market as a battle between “China” and “Silicon Valley” but the front lines are much fuzzier.