Reply to this post Crunch time appears to be fast approaching. The LeEco proposition seems to be quickly unraveling as a flurry of bad news reinforces my view that this company only really has a chance if it dumps automotive. New blows upon the already bruised company include: Vizio: LeEco and Vizio have called off...
Reply to this post Flipkart for Snapdeal looks increasingly likely. The probability of consolidation in Indian e-commerce is creeping ever closer as Softbank, is pushing for the sale of Snapdeal to Flipkart at a valuation considerably less than the $6.5bn at which the company last raised money. I think this move makes complete sense as...
Reply to this post Spotify keeps the crown jewels to itself. In striking a deal with Universal, Spotify has traded much better than I thought it would giving the label two concessions that I think will end up being pretty worthless. Spotify has signed a licence with Universal that has three main aspects: First: Universal...
Reply to this post The loss of the NFL is a disaster. Twitter has lost its deal to stream certain NFL games which I think punches a potentially fatal hole in its strategy to break out of its niche of microblogging. Amazon has reportedly paid $50m for the rights to stream 10 Thursday night NFL...
Reply to this post Xiaomi’s ecosystem remains its biggest weakness. Comparing itself to Costco helps Xiaomi’s valuation somewhat but does no favours when it comes to its business model. In a recent interview, Xiaomi founder said that he sees his company more like Costco than Apple which does make some sense. Xiaomi has pursued a...
Reply to this post Android’s success shows up Google’s deficiencies. Android has surpassed Windows as the No.1 platform for accessing the Internet globally, highlighting just how bad Google is at monetising Android as it remains only a small percentage of total revenues. I think that this could be a growth opportunity if Google can fix...
Reply to this post Didi encounters a real growth problem. Didi is now the only credible ride hailing platform left in the Chinese market, but its problems are far from over because local Chinese governments are finally enforcing regulations designed to protect the taxi industry. In December 2016, the governments of Shanghai and Beijing approved...
Reply to this post I am pretty sure Huawei lost money in handsets last year. Huawei reported strong growth in revenues in 2016 but that growth cost it dearly as I think that the handset business lost money as it slashed prices and ramped up spending to gain market share. FY 2016 revenues grew 32%...
Reply to this post Bezels break the box but Bixby stays inside. While Samsung is bursting out of the box in pushing the limits of screen real estate, its voyage into the increasingly crucial user experience shows that it remains boxed in by smarter and better alternatives. Samsung finally launched the Samsung Galaxy s8 /...
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.
Samsung – Fall before the first
Reply to this post Bixby falls even before its first hurdle. Samsung’s delay in the roll-out of Bixby is a strong indication of just how far behind Samsung is when it comes to artificial intelligence reinforcing my view that the investment case still lives and dies with hardware. Despite much fanfare at the launch of...