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Review #0000008: What if Go-Jek makes a play for Uber Southeast Asia assets?

In our review #0000008 this week, we discussed the deal between Spotify and Tencent as the former has filed to go public and SoftBank’s repeating their strategy to finance one corporate investment by borrowin against their earlier investments.

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Here are the interesting news for the past week dated 3 March 2018:

Spotify’s More Bob Dylan, Less Beyonce for Tencent by Tim Culpan in Bloomberg Gadfly
Summary: Don’t expect a sudden chart topper to come from this stock [Spotify] debut.
My Perspective: Start looking at the S1-filing of Spotify. Now we learned that Tencent owns 7.5% of Spotify via Tencent Music Entertainment Group with an estimated value of US$1.77 billion. The real question is how the dynamics between Spotify and Tencent Music will play out in the long run. 

SoftBank ‘seriously’ considering mobile unit IPO, CEO of $100B Vision Fund says by Arjun Kharpal from CNBC.
Summary:  SoftBank is “seriously” considering spinning off its mobile phone unit in an initial public offering (IPO), the head of its $100 billion investment fund told CNBC.
My Perspective: Typical strategy of SoftBank to finance one corporate investment by borrowing against earlier investments

Articles of Interest which I have curated & you should take a look too:
Jon Russell, “Sea [aka Garena] President Nick Nash is leaving to start his own Asia-focused investment fund.” (TechCrunch)
Julie Steinberg, Liza Lin and Dan Strumpf, “Chinese Smartphone Maker Xiaomi Weighs Listing in Mainland and Hong Kong” (Wall Street Journal, requires subscription)
Shuli Ren, “China’s Insurers are a job for Super-regulator” (Bloomberg Gadfly)
Andy Mukherjee, “Temasek’s Love is easy”  (Bloomberg Gadfly)
Phred Dvorak and Mayumi Negishi, “How SoftBank, World’s Biggest Tech Investor, throws around its cash” (Wall Street Journal, requires subscription)
David Fickling, “AirAsia Slashes its Parachute” (Bloomberg Gadfly)
The Economist, “How the West got China Wrong” 
South China Morning Post, “Regulators remove Anbang Chairman Wu Xiaohui for ‘economic crimes’, take over conglomerate” and “Boeing and Qualcomm could lose billions after US-China fail to ease tensions.”

By |2018-03-06T08:58:35+00:00March 6th, 2018|Featured, Reviews|

About the Author:

A pragmatic idealist in technology, media & entrepreneurship.