Smart Share Global Ltd (ADR) (OQ:EM)
Business Focus: Phones & Handheld Devices
| Sector: Technology | Industry: Phones & Handheld Devices |
| Company Contact | |
| Address: | 6/F 799 Tianshan W Road, Changning District SHANGHAI SHA 200335 |
| Tel: | N/A |
| Website: | https://www.enmonster.com |
| IR: | See website |
| Key People | ||
| N/A | ||
| Business Overview |
| Smart Share Global Ltd is a China-based consumer tech company principally providing mobile device charging service through an online and offline network. The Company provides services through its power banks, placed in Points of Interest (POIs) operated by its location partners, such as entertainment venues, restaurants, shopping centers, hotels, transportation hubs and public spaces. Users can start using its products by either spotting its cabinets at one of its POIs, or find its cabinet locations through its mini programs. Its mini programs show users a map view with its cabinets' locations. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Smart Share Global Ltd (ADR) revenues increased 4% to RMB2.96B. Net income totaled RMB87.7M vs. loss of RMB711.2M. Revenues reflect Mobile device charging increase of 4% to RMB2.87B, Others increase from RMB24.6M to RMB89.4M. Net Income reflects Interest and investment income increase from RMB52.4M to RMB117.2M (income), Interest expense to third parties decrease of 86% to RMB4.2M (expense). |
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