Nikkei Article on TikTok

Link: https://asia.nikkei.com/Business/Business-Spotlight/TikTok-takes-on-Shopee-Tokopedia-in-ASEAN-e-commerce-race?del_type=1&pub_date=20230804190000&seq_num=3&si=d6ecb5fd-ddcf-4e12-b251-586e01641053

Other than twitter I don’t really bother with any social media platform, but I’ve heard from several friends doing retail in Indonesia and Thailand that they’re focusing more and more on TikTok for fast selling consumer items. So what? Pay attention to the impact on Shopee and the physical retailers in Thailand i.e. MBK and CPN.

WEH & NUSA

Link: https://weblink.set.or.th/dat/news/202308/0305NWS040820231233300208E.pdf

NUSA continues to be their cheeky selves and despite the issues regarding the shares are now planning to do a share swap. What kind of fuckery is going on here?

It’s already proven in court that KPN screwed over the original shareholder.

Link: https://www.bbc.com/thai/articles/czrggklp0n2o

Link: https://www.nationthailand.com/business/corporate/40029864

Cheeky hat on – the current major shareholder of WEH needs to bring this to a plc so that he can dump shares to avoid having to raise cash selling personal assets. Let’s see how far NUSA drops.

Ray Dalio

Link: https://principles.us13.list-manage.com/track/click?u=f817138263fa3d3dec4ad231d&id=e6ab11ed58&e=26146fb422

I’m a macro tourist at best, but his Big Debt Crisis book helped shape the ideas I begun looking at back in 2019 until today. Thankfully Dalio’s writing is straightforward and easy to read and understand. Worth your time.

I’m going to probably link to this YT channel every week. Consistently the best summary & insights I’ve found. In this ep you’ll find thoughts on energy, oil and US equities.

PTTOR

Cafe Amazon, any guesses on how many cups they sell in a quarter? From a broker report “Café Amazon cups sold also increased by 2 million cups q-q to 93 million cups in this quarter. ” So from 3,333 locations, they’re now averaging ~310 cups/day. That’s just incredible business.