T. H. Data Flash - 58.com Inc. – November & 4Q18E WUBA’S Business Segments Resilient to China’s Economy; Volume and ASP Drove Topline Growth; Maintain BUY

  • T. H. Data Flash - 58.com Inc. – November & 4Q18E WUBA’S Business Segments Resilient to China’s Economy; Volume and ASP Drove Topline Growth; Maintain BUY

We are positive on WUBA into 4Q18 on both the top line and bottom line performance. Based on our data, assumptions and calculations, we believe WUBA’s 4Q18E revenue is likely to be above consensus at RMB 3,553M and towards the high end of the company’s guidance range of RMB 3,500M - RMB 3,600M driven by both the number of paying merchants and ASPs.

About

Contact

Careers

T.H. Capital is an independent research and investment advisory firm specializing in China. We offer real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects, from China ADRs to international names that have meaningful exposure to the China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.
Address:

5E, Tower D, Central International Trade Center, 6 Jianguomenwai Avenue, Beijing 100022, China

Email:

services@thcapital-china.com

Do you enjoy pursuing original research in any aspect of the financial markets and have the ability to present research in a refreshing and captivating manner?
Careers