Which Acronyms Should You Invest In?

MSN, FAANG or BAT? (No, MSN is not Messi, Suarez, Neymar). I heard a new catchy one today: ATM, as in the cash machine, courtesy of BFM 89.9 – The Business Station.

The A= Alibaba Group, T=Tencent, and M=Meituan-Dianping. Alibaba and Tencent’s potential is long well-known (and I have been an investor in them for some time), but I was intrigued by Meituan-Dianping.

Think Meituan-Dianping as a super app, that allows users to order food, travel services, and more. Like Grab or Gojek but without the ride-sharing part.

But unlike Grab/Gojek, it’s profitable. It also has a positive (and growing) operating cash flow.

Their stock price has almost quadrupled since the March lows, but I’ll be watching, and gnawing…

Meituan Dianping Stock Price
Can Meituan Dianping’s stock price grow even more?

#Chinatech #superapp #MalekPortfolio

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