Though there is no TikTok stock to buy.
But we have this company as representative of Short Video Social Network.
Spending time per day for this category is most engaging / addictive.
How knows that GMV on Kuaishou Platform is 3-4 times larger than Shopee.
With Valuation around 50-60B range, comparing to MAU around 1B.
Such a bargain at this point if company prove they can manage on profitability in next couple years.
Recently growth has been driven from advertising and commerce side. and they grow up with fast pace than old business ( streaming virtual gift )
Assume CAGR 30-40% for a big while
Also majority of users are living in tier 2-3-4-5 cities
That is our focus.
Due Government Policy and Demographics , we expect to see rising of middle class in rural area faster than urban
Long Kuaishou Dec 2021
But we have this company as representative of Short Video Social Network.
Spending time per day for this category is most engaging / addictive.
How knows that GMV on Kuaishou Platform is 3-4 times larger than Shopee.
With Valuation around 50-60B range, comparing to MAU around 1B.
Such a bargain at this point if company prove they can manage on profitability in next couple years.
Recently growth has been driven from advertising and commerce side. and they grow up with fast pace than old business ( streaming virtual gift )
Assume CAGR 30-40% for a big while
Also majority of users are living in tier 2-3-4-5 cities
That is our focus.
Due Government Policy and Demographics , we expect to see rising of middle class in rural area faster than urban
Long Kuaishou Dec 2021