2025-12-07
We are short Trustpilot Group PLC $TRST.L Our new report is titled: The “Trustpilot Mafia” - How the Extortion Model Destroys Trustpilot's Value Proposition You can read the report here: https://grizzlyreports.com/...
Bloomberg
Short seller Grizzly shorts London-listed Trustpilot, alleging the review site pressures businesses to pay for subscriptions; Trustpilot refutes the claims
Welcome to The Bear Cave! Our last premium articles were … Jamie Ward / MoneyWeek : Why Trustpilot is a stock to watch for exposure to the e-commerce market Grizzly Research LLC :...
2025-12-06
We are short Trustpilot Group PLC $TRST.L Our new report is titled: The “Trustpilot Mafia” - How the Extortion Model Destroys Trustpilot's Value Proposition You can read the report here: https://grizzlyreports.com/...
Bloomberg
Short seller Grizzly shorts London-listed Trustpilot, alleging the review site pressures businesses to pay for subscriptions; Trustpilot refutes the claims
Shares in Trustpilot Group Plc had their steepest ever one-day drop after Grizzly Research said it holds a short position and published …
2023-11-28
Experts are skeptical of SenseTime's future due to intense competition from larger and better-funded peers such as Alibaba, Baidu, Huawei, Tencent, etc.
Bloomberg
SenseTime's shares fell as much as 9.7% in Hong Kong, after a short seller accused the AI company of inflating its revenue; SenseTime refutes the allegations
Sarah Zheng / Bloomberg :
Chinese government ties also led SenseTime to being blacklisted by the United States Government since 2019 due to use of its facial recognition software in persecuting Uyghur Muslims - the blacklist cuts off SenseTime from U.S. technology markets.
Bloomberg
SenseTime's shares fell as much as 9.7% in Hong Kong, after a short seller accused the AI company of inflating its revenue; SenseTime refutes the allegations
Sarah Zheng / Bloomberg :
Two court cases describe revenue fabrication and round-tripping schemes in which SenseTime either directly or through intermediaries provides funds to customers that in turn are used to purchase goods from SenseTime that might never have been delivered. [image]
Bloomberg
SenseTime's shares fell as much as 9.7% in Hong Kong, after a short seller accused the AI company of inflating its revenue; SenseTime refutes the allegations
Sarah Zheng / Bloomberg :
We believe that SenseTime's cash burn will continue unabated despite attempts to stem losses via headcount reductions, while large (and growing) accounts receivables indicate, at best, an inability to collect payment and, at worst, fake revenue. [image]
Bloomberg
SenseTime's shares fell as much as 9.7% in Hong Kong, after a short seller accused the AI company of inflating its revenue; SenseTime refutes the allegations
Sarah Zheng / Bloomberg :
We uncovered several undisclosed related parties controlled by SenseTime executives and senior employees - SenseTime appears to be hiding these entities off the balance sheet, reminiscent of the Philidor-Valeant relationship. [image]
Bloomberg
SenseTime's shares fell as much as 9.7% in Hong Kong, after a short seller accused the AI company of inflating its revenue; SenseTime refutes the allegations
Sarah Zheng / Bloomberg :
Employee reviews online reflect dissatisfaction and dysfunction at a directionless and unprofitable business. [image]
Bloomberg
SenseTime's shares fell as much as 9.7% in Hong Kong, after a short seller accused the AI company of inflating its revenue; SenseTime refutes the allegations
Sarah Zheng / Bloomberg :
SenseTime ($0020.HK) describes itself as “a leading AI software company,” however, we believe that in this case AI stands for Artificially Inflated revenue. Our research exposes SenseTime for what appears to be a pattern of falsifying revenue. Read our new report here:...
Bloomberg
SenseTime's shares fell as much as 9.7% in Hong Kong, after a short seller accused the AI company of inflating its revenue; SenseTime refutes the allegations
Sarah Zheng / Bloomberg :
Smart money is rushing for the exits with Alibaba and one co-founder reducing their respective stakes to zero.
Bloomberg
SenseTime's shares fell as much as 9.7% in Hong Kong, after a short seller accused the AI company of inflating its revenue; SenseTime refutes the allegations
Sarah Zheng / Bloomberg :
SenseTime has deep ties to the Chinese government as reported by employees and media which has led to unprofitable (and seemingly unpaid) contracts.
Bloomberg
SenseTime's shares fell as much as 9.7% in Hong Kong, after a short seller accused the AI company of inflating its revenue; SenseTime refutes the allegations
Sarah Zheng / Bloomberg :
The scheme was corroborated by the CEO of Capital Watch, a Chinese financial media company, who reported that SenseTime invests in third-party companies in exchange for revenue of an equal amount without real delivery of product. [image]
Bloomberg
SenseTime's shares fell as much as 9.7% in Hong Kong, after a short seller accused the AI company of inflating its revenue; SenseTime refutes the allegations
Sarah Zheng / Bloomberg :
As unearthed in one of the court cases, SenseTime's round-tripping scheme involved a counterparty who was detained by the police and never paid back the money. This implies to us that SenseTime either wilfully works with criminals or does not conduct risk management.
Bloomberg
SenseTime's shares fell as much as 9.7% in Hong Kong, after a short seller accused the AI company of inflating its revenue; SenseTime refutes the allegations
Sarah Zheng / Bloomberg :