1、Strictly private and confidential Important disclosures appear at the back of this report GP Bullhound LLP is authorized and regulated by the Financial Conduct Authority GP Bullhound Inc is a member of FINRA Consumer Internet Market Perspectives H1 2019 2 Consumer Internet perspectives Executive Sum

2、mary GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to category leaders with a focus on consumer internet globally We publish our inaugural Consumer Internet market report to provide quantitative insights into public and private market val

3、uations across the transaction spectrum, and qualitative insights into company business models, technology and customer trends Based in our London office, Alessandro Casartelli heads up our Consumer Internet practice which has completed over 20 transactions We also feature many of the leading Consum

4、er Internet companies however, they have not been independently verified and are not guaranteed as being accurate. The information contained in this research report is not intended to be a complete statement or summary of any securities, markets, reports or developments referred to herein. No repres

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