Tencent: Don't Miss China's Livestream E-Commerce Boom (Archive)
Tencent is my favored way to capture China’s booming livestream e-commerce upside.
This 5-Minute Pitch was originally published on Seeking Alpha before the launch of the Hunting Alphas website. It is shared here to showcase my previous work and track record. New 5-Minute Pitches published on this site will not be disseminated anywhere else.
Elevator Pitch
- Livestream e-commerce is booming in China as the market is growing at close to 40% annually.
- Tencent is rapidly making inroads in this market as it deepens engagement with its strong user base in China's leading messaging and social media app.
- Tencent's advertising ROI is outperforming China's incumbent livestreaming companies, giving confidence in market share gains.
- Conservative application of two different valuation routes imply an upside of more than 60%.
Read the full article here.
Disclosures and Disclaimers
Past performance ≠ future results. Not investment advice. See full Disclaimer.
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