This week’s podcast is on Airbnb and what I think people are getting wrong about its business model and future in Asia. Which has some effect on how you would value it going forward. You can listen to this podcast here or at iTunes, Google Podcasts and Himalaya. The valuation presentation by NYU Professor Damodaran […]
Airbnb is heading for its IPO. Their numbers are public and it’s pretty much what we expected. Airbnb is a simple marketplace platform that is growing and close to operating profitability (pre-Covid). And lots of people are having fun doing valuations this week. If you’re curious, here is NYU valuation professor Aswath Damodaran’s valuation. His […]
Ctrip has forecast its revenues will drop 45-50% in first quarter. From KrAsia: Coronavirus spurs somber outlook for online travel companies Chinese major online travel agency Trip.com announced on its recently released Q4 earnings report that revenues would decrease by about 45% to 50% year-on-year (YoY) as a result of the coronavirus. Trip.com has already […]