Sign in

    Wei Fang • Mizuho Financial Group

    Wei Fang's questions to Coupang Inc (CPNG) leadership

    Wei Fang's questions to Coupang Inc (CPNG) leadership • Q2 2025

    Question

    Wei Fang from Mizuho Securities inquired about the trend of selection growth in Taiwan and the potential margin impact from introducing pickup orders for the food delivery business.

    Answer

    CEO Bom Kim stated that Coupang will continue to broaden selection across all categories in Taiwan for the foreseeable future. Regarding food delivery and other new initiatives, he emphasized the company's culture of small-scale testing. He explained that it's too early to discuss the impact of specific tests, as they are only scaled up if they prove to create sustainable customer and shareholder value.

    Ask Fintool Equity Research AI

    Wei Fang's questions to Coupang Inc (CPNG) leadership • Q2 2025

    Question

    Wei Fang from Mizuho Securities inquired about the trend of selection growth in Taiwan and asked how the introduction of pickup orders for food delivery might affect margin trends.

    Answer

    CEO Bom Kim stated that broadening selection across all categories in Taiwan remains a long-term focus. Regarding specific initiatives like food delivery pickup, he emphasized the company's culture of small-scale testing. He noted that it's too early to discuss the impact of such small tests, but successful initiatives will be scaled up while unsuccessful ones will be discontinued, with a rigorous focus on building sustainable shareholder value.

    Ask Fintool Equity Research AI

    Wei Fang's questions to Trip.com Group Ltd (TCOM) leadership

    Wei Fang's questions to Trip.com Group Ltd (TCOM) leadership • Q1 2025

    Question

    Wei Fang from Mizuho Securities asked for an update on the latest developments in the inbound travel business and its current revenue contribution, noting its strong growth.

    Answer

    CEO Jane Sun attributed the strong momentum in inbound travel to favorable policy changes, such as visa-free entry for over 40 countries and extended transit visa periods. She also highlighted Trip.com's competitive advantage, having the best inventory coverage and pricing in the domestic market, which allows for strong cross-selling to inbound visitors. Sun confirmed the business achieved triple-digit growth again in Q1.

    Ask Fintool Equity Research AI

    Wei Fang's questions to Tencent Music Entertainment Group (TME) leadership

    Wei Fang's questions to Tencent Music Entertainment Group (TME) leadership • Q1 2025

    Question

    Wei Fang of Mizuho Securities asked for the outlook on TME's advertising business and the pipeline for offline events, as well as initiatives to expand ad verticals and optimize the ad system.

    Answer

    An executive expressed a positive outlook for advertising, citing strong growth from innovative incentive-based formats and a new 'online earning' model, supported by Tencent's ad system. Regarding offline events, another executive stated the focus is on improving quality, supporting artist tours, and leveraging proprietary IP events like 'QQ MUSIC FOR PASSION' to drive SVIP growth and offer a comprehensive music experience.

    Ask Fintool Equity Research AI

    Wei Fang's questions to Grab Holdings Ltd (GRAB) leadership

    Wei Fang's questions to Grab Holdings Ltd (GRAB) leadership • Q1 2025

    Question

    Wei Fang asked if the competitive landscape is intensifying in Mobility and Deliveries and inquired about the rationale for not yet integrating Mobility rewards into the GrabUnlimited subscription package.

    Answer

    President and COO Alex Hungate addressed the questions, stating that recent competitor exits signal ongoing market consolidation where Grab's scale provides a natural advantage. He clarified that Grab's strategy is to leverage its multi-vertical ecosystem, which single-vertical players lack. Correcting the premise of the second question, Hungate confirmed that Grab is actively expanding GrabUnlimited to include Mobility benefits and has launched a new VIP service for loyal, high-spending customers across all verticals, reinforcing its integrated platform strategy.

    Ask Fintool Equity Research AI

    Wei Fang's questions to Bilibili Inc (BILI) leadership

    Wei Fang's questions to Bilibili Inc (BILI) leadership • Q4 2024

    Question

    Wei Fang from Mizuho inquired about Bilibili's strategy for expanding its user base and enhancing brand awareness in 2025, specifically requesting more details on the partnership with the CCTV New Year's Gala.

    Answer

    CEO Rui Chen, interpreted by Juliet Yang, detailed the success of the CCTV partnership, which served as a model for future brand-building. He reported a 20% YoY increase in DAUs on Chinese New Year's Eve, driven by the unique experience of watching the gala with Bilibili's bullet chat feature. The event reinforced Bilibili's brand as a host for national-level content and boosted OTT viewership. The go-forward strategy involves launching similar large-scale, targeted campaigns during key periods like summer vacation to enhance brand equity and drive user growth.

    Ask Fintool Equity Research AI