- The company sits on an enormous asset database of 780M Chinese consumers. But in advertising, this generates low margin due to sell-side concentration.
- The company is leveraging the database to businesses that generate higher margins, which we applaud.
- However, the company also tends to be a little profligate with liberal share-based compensation and buyback when cash flow is still rather negative.
iClick: From Ads To CRM, But Reservations Remain
December 22nd, 2018 · No Comments