Great article about Skllz earning Q12021. Importants points: 1. Large Total addressable market. -Expanding Android market 2x faster than Apple users. -Expanding india market by end of the year.2. Cash burning. -EBITA loss is higher than last year due to very high marketing expense but MAU is almost static. -However compensated by increase in PMAU and ARPPU. Hopefully the next quarter should see higher raise of GMV or ARPPU.3. Ev/ revenue of 16 is still considered cheap. 4. Debt is zero. Cash flow is positive.5. revenue & gross margin growth is very high. -Projected total revenue by end of 2021 is 375 million. Will it achievable? Probably yes.
Grab, south-east Asia’s most valuable start-up, is set for the largest merger between a private business and a blank-cheque vehicle in a deal that will value the SoftBank-backed technology group at about $35bn. Singapore-based Grab, whose offerings include ride-hailing and financial services, could finalise an agreement to list in New York via one of Altimeter Capital’s special purpose acquisition companies as soon as this week, according to three people with direct knowledge of the situation.The merger would be with one of the US investment firm’s two Altimeter Growth Spacs and would come after Grab’s board agreed to a preliminary deal last month.The agreement has been held up as a crucial first test for south-east Asian unicorns that are preparing to go public this year. Founded in