Shared Powerbank Specialist Energy Monster De-Fanged by Competition

Company’s operating profit tumbles by half in latest quarterly results on heavy promotional spending as shares trade near post-IPO lows Key points: Smart Share Global, better known as Energy Monster, is suffering sharply eroding margins due to stiff competition in China’s powerbank rental market Company’s shares now trade near post-IPO lows, and look undervalued compared to similar shared economy companies By Doug Young Investors may be bullish on the sharing economy in the West, but they’re far less certain about the situation in China. That’s one of the key messages…

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Wall Street Gives Thumbs Down to Online Grocers’ Business Model

Direct sales model used by Dingdong and Missfresh could put them at a disadvantage to Pinduoduo, Meituan Key points: Dingdong and Missfresh use a centralized direct sales model, compared with a less costly model used by newer rivals Pinduoduo and Meituan Dingdong and Missfresh may soon be forced into cash-conservation mode due to their limited funds and heavy losses By Wang Chuan U.S. investors have given a chilly reception to newly listed online grocers Missfresh Ltd. (MF.US) and Dingdong Ltd. (DDL.US), worried about both companies’ continued losses in the face…

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Shared Bike Specialist Hello Inc. Could Meet Skeptical Reception on Wall Street

Company backed by Alibaba’s Ant Group continued to post large losses last year as its revenue growth slowed sharply Key Takeaways: Hello Inc.’s relatively high costs and standalone nature of its shared-bike service could make it difficult for the company to become profitable Those factors mean Hello could be valued at a medium-to-large discount compared to domestic peer Meituan and U.S. giant Uber By Doug Young Hope certainly seems to spring eternal for some people, especially those in the shared economy business. That’s one of the biggest messages coming from…

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Energy Monster Roars on Nasdaq IPO, But Gets Muffled as Rivals Roar Back

Rental power bank leader’s shares rise as much as 18% on first trading day, but sag below listing price after two rivals announce merger plan Key Takeaways Energy Monster’s Nasdaq IPO comes on the back of a three-year surge that has powered it past former leaders  Its rapid rise is already being threatened by the newly announced merger of two major rivals and Meituan’s looming presence     By Eric Auchard Energy Monster (Nasdaq: EM) emerged only last year as the new leader in the rough-and-tumble Chinese market for rented power chargers,…

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