I mentioned UGC the other day and then I got invite from Google Map again to become one of their local guides. I think as long as you post or review something on Google Map, it will try to convert you to become a local guide by sending invite to your gmail account. I used … Continue reading Google Local Guides
The title of this post is taken from the wrap-up of Jeff Bezos, Jack Ma, and The Quest to Kill eBay by Steve Yegge. As I am now focusing on marketplace where network plays a major role in the business model, I'm particular interested in competition between marketplace, invasion of a emerging marketplace, and whether … Continue reading Networks can still be beaten
I saw a front page news mimicking light box advertising about a department store's anniversary sale when taking MRT in Taipei. I'm not an expert on advertising and I it's tough for brick-and-mortar retail but I can feel there's room to improve the ROI...
Today, I went to Eslite Bookstore in Uni-President Int'l Building in Taipei. I spent roughly an hour there and decided to buy a few books. Then, I turned to books.com.tw (not associated to Eslite) where I'm pretty sure I can get better price to order books and expect to pick up the parcel at 7-ELEVEN … Continue reading Eslite Xinyi
[Nov. 26, 2018] * Tasks to be done * ~ Nov. 26-Dec.2, 2018 ~ Initial Analysis: Sea Group (SE.US) / GrubHub (GRUB.US) / Stich Fix (SFIX.US) / Upwork (UPWK.US) Travel Documentation: Japan and HK & SZ 1 Idea from Analyst Meeting Hotel Review: 2 Hotel Analysis: Millennium Mistui Garden Tokyo Deal and Forecasting Exercise on … Continue reading Week 7 – Production Plan
Again, while the production plan had many to-do items, I only finished a few in the 2nd production week. Was it still not very productive? * Week 6 - Review * [2018/11/26] Initial Analysis & Follow up Mercari (4385.JP): analysis note / model PDD.US: preview & review on 3Q18 results Research Management Research focus decided: … Continue reading Week 6 – Review
Mercari (4385.JP) [November 25, 2018] * Initial Analysis * Business Model The primary product level business model of Mercari is mobile app-based C2C marketplaces. Mercari's C2C marketplace app portfolio has dominant market position in Japan. Mercari is trying to penetrate overseas markets with operations in US & UK. The US operation is still in early … Continue reading Mercari (4385.JP) – Initial Analysis
Inspired by novel 『ぼくは明日、昨日のきみとデートする』, my footprint this time in Kyoto during Dec. 6 - 8, 2018 might look like below. And... Glad to be in Kyoto when Super Smash Bros. Ultimate launches!!!
Projection vs Actual Source of Difference ~ Operation Metrics ~  Conversion rate defined as LTM Active Buyer / Avg. MAU decreased (an improvement for me) significantly by around 10 percentage points.  Actual LTM average rate per active buyer is higher then projected  Overestimation of adoption rate based on Wechat MAU  Underestimation … Continue reading PDD.US – 3Q18 Results Quick Look
As part of PDD.US initial analysis, I built a model to generate financial projection. PDD.US will release its 3Q18 results later today so it's a chance to check the accuracy of my projection and fine-tune parameter assumptions in my model if I want to maintain the model.
[Nov. 19, 2018] * Tasks to be done * ~ Nov. 19-25, 2018 ~ Initial Analysis: Mercari / Kakaku Travel Documentation: Japan and HK & SZ 1 Idea from Analyst Meeting Hotel Review: 2 Hotel Analysis: Millennium Mistui Garden Tokyo Deal and Forecasting Exercise on Tainan Reading: 1 technical and 1 leisure Travel Plan: Kobe/Kyoto/Osaka … Continue reading Week 6 – Production Plan
While the production plan had many to-do items, I only finished a few in the 1st production week. It seems not very productive? * Week 5 - Review * [2018/11/19] Initial Analysis Pinduoduo (PDD.US): Analysis note / Model China Education Group Holdings (839.HK): Model Research Management Internet names to research selected Operation Second Off-Shore Brokerage … Continue reading Week 5 – Review
PDD.US [November 17, 2018] * Initial Analysis * Business Model PDD is platform-on-a-platform marketplace which leverage established social network of foundation platform to aggregate consumer demand at large volume for merchants enabling deep volume discount for consumers. Current Monetization / Revenue Stream Currently, PDD monetizes the marketplace by providing online marketing services to merchants and … Continue reading PDD.US – Initial Analysis
[Nov. 12, 2018] * Tasks to be done* ~ Nov. 12-18, 2018 ~ Travel Documentation: Japan and HK & SZ Public Equity Opportunity Evaluation: 2 1 Idea from Analyst Meeting Second Offshore Brokerage Account Setup Hotel Review: 2 Hotel Analysis: Millennium Mistui Garden Tokyo Deal and Forecasting Exercise on Tainan Reading: 1 technical and 1 … Continue reading Week 5 – Production Plan
[Nov. 10, 2018] *Weekly schedule & result* Week 1: IT system setup / planning / few analysis posted Week 2-3: Japan trip / hotel site visits / few diary kept Week 4: HK & SZ conference / found few candidates for further investment research /a pre-thesis posted *Research pipeline and topics collected in past four … Continue reading 4-Week Review: Oct. 13 – Nov. 9, 2018