SoftBank – The domino effect
ERRATUM: Corrects previous version which incorrectly stated that SoftBank has $2.8bn in cash (Q4 19) when the correct figure is $35.9bn. SoftBank goes into cash...
Amazon & Alibaba – Pair trade?
Similar companies, different issues Amazon is going to suffer from all of the same problems that Alibaba has but is in a better position to...
Covid-19 – Liquidity preference
The biggest risk is a credit crunch. For the next few months, cash is going to be the single most important factor as only cash...
Airbnb – Perfect storm
No IPO but no chapter 11 either. The perfect storm of a large ramp in spending just as the Coronavirus kills its bookings are going...
Magic Leap – Mythical numbers
Magic Leap will be very lucky to sell for $1bn. Magic Leap is exploring its strategic alternatives which in English means that it has run...
Covid-19 – Short but sharp.
4 of the G7 could follow China & Italy. As with most infections, it is not the pathogen that does most of the damage but...
NVIDIA – Forced out.
GeForce Now is in real trouble. It appears that streaming games is harder than it looks as Nvidia’s service, like Google Stadia, is in the...
Huawei – Nowhere to run pt. XIII.
Software is not a refuge. Faced with the complete collapse of its smartphone business outside of China, Huawei is trying to develop its own ecosystem...
Didi Chuxing – State of play.
Didi is a play on the whim of the state. The Coronavirus may lead the Chinese state to give Didi a bit of breathing space...
About Me
Richard is founder, owner of research company, Radio Free Mobile. He has 16 years of experience working in sell side equity research. During his 11 year tenure at Nomura Securities, he focused on the equity coverage of the Global Technology sector.
Tencent Q4 19 – Scant data