AAA May 2018 – Page 19

Why Meituan-Dianping’s expansion makes sense

Providing a multitude of services as a “super app” allows Meituan-Dianping to generate significant revenues from merchants and avoid using capital-intensive subsidies to lower prices for consumers and also potentially disrupt traditional advertising-only media models. This is a fundamentally sound business model that will be hard for competitors to beat. Super apps, if thoughtfully designed,… Continue reading Why Meituan-Dianping’s expansion makes sense

Mercari to bring $1.1bn IPO to market

Mercari, a Japan-based online marketplace operator backed by corporates GMO, Itochu, Mitsui and United, has received approval for a $1.1bn initial public offering on the Tokyo Stock Exchange, Reuters reported today. The company will price its shares at ¥2,200 to ¥2,700 ($20 to $24.60) to achieve a market value of $3.3bn when it lists on… Continue reading Mercari to bring $1.1bn IPO to market